by Rami Abu-Draa | Sep 25, 2025 | Tecchnical Analysis
Gold hit more of a correction yesterday whilst rebounding quickly towards 3751. As we see over the Intraday chart, the market is facing a resistance zone around 3750-52. If prices hold below this zone, another drop to test 3700-08 could hit the market which could...
by Rami Abu-Draa | Sep 25, 2025 | Tecchnical Analysis
Crude Oil managed to pass above the resistance at 64.00-20 yesterday, which could push for a further advance as the market faces resistance around 65.80. If prices fail to break above 65.80, this could lead for another drop. However, Intraday shows support around...
by Rami Abu-Draa | Sep 25, 2025 | Tecchnical Analysis
USDJPY managed last Wednesday to test the support of 145.70 and moved lower in a volatile move over the Fed rate cut. The market managed to rebound quickly above 145.70 to drive the market for more rebound. As we see over the chart, prices still face resistance at...
by Rami Abu-Draa | Sep 25, 2025 | Tecchnical Analysis
GBPUSD also managed to re-test the support trend around 1.3420-50 again yesterday. If the market hold above the said trend, then the advance wave could move back towards the 1.3745-75 zone. Below 1.3420 more of a drop could hit the market with supports at 1.3330 and...
by Rami Abu-Draa | Sep 25, 2025 | Tecchnical Analysis
The Euro tested the support zone of 1.1700-50 again yesterday as the market still holds above the uptrend line. As long as prices remain above the second support at 1.1700, the advance wave could sustain. Below 1.1700 a chance for a further drop could hit the market...