by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
Gold hit the target of 3385 again yesterday while prices managed today to drop further. As we see over the Intraday chart, prices still face supports around 3352-53 and 3335 and one of those supports can give another chance for another advance toward 3400. Below 3335...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
The Dow closed to the resistance zone of 44380-400 today, which if managed to hold below it, another drop back could hit the market toward the 43050-300 zone. Above 44400 more advance will be expected with resistances around 44750-800 and 45100. SUPPORT RESISTANCE...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
Crude Oil fell below the support of 67.50 which could push for a further drop. As we see over the chart the market stilll facing the previous support at 63.70 which could create a trading zone towards 67.40. The market managed yesterday to test the first support at...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
USDJPY hit a rebound toward 147.87 while the market still holds below the resistance of 148.00-20. As we see over the Intraday chart, prices still hold below the resistance of 148.00-20 where as long as the market remains below it, another drop is likely with support...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around 1.3590. Below 1.3140 more of a...