by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
Gold managed to meet the target of 3331-38 while breaking below it to hit the second target of 3310. As we see over the chart the market is facing resistance around 3335-45, where as long as prices hold below it, more of a drop will be expected with support around...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
Crude Oil still holding our expected trading zone between support 63.70 and resistance 68.00 in the last few weeks This trading zone may sustain while bigger rebound movement toward 72.15 and above still expected Below 63.70 more drop toward 61.50 and below may hit...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
USDJPY managed to hold above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart prices face support around 147.50 which could keep the advance wave ongoing toward 149.20 and 152.00. Below 147.50 more of a drop could hit the...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
GBPUSD managed to hit below 1.3370 yesterday which could push the market for a further drop. As we see over the chart prices are facing resistance around 1.3410-50. If the market holds below it, more of a drop toward 1.3250 and below is expected. Above 1.3450 more...
by Rami Abu-Draa | Jul 29, 2025 | Tecchnical Analysis
The Euro moved below the 1.1550 support which could push for a further drop to test 1.1400-50 which in turn could activate another advance. Intraday resistance level is at 1.1600. Above 1.1600 more advance toward 1.1750 is likely. Below 1.1400 more of a drop toward...
