by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 42560 with a strong chance still ongoing toward the second target of 42835. As we see over the chart and as long as the market holds Intraday trades above 42100-200, the advance could push toward the 42835 resistance. Below 41100...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
USDJPY managed to drop today to hit a 144.80 low. As we see over the chart prices could head again for another advance toward the resistance zone at 148.20-60. Below 144.40-80 the market could head for a further drop towards 141.90-142.30. SUPPORT RESISTANCE LEVEL1...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90. As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward 63.20-50 and 64.80 will be...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
The Pound still hold below the downtrend resistance zone which is now around 1.3325-60. As long as the market holds below this resistance zone, another drop will be expected to test the 1.3200-20 zone while below this level more of a drop will be expected towards...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
The Euro managed to print a 1.1065 low and rebounded towards the resistance zone at 1.1265. So far, this trading zone still holds the market. Above 1.1290 more advance toward 1.1380-1.1425 could hit the market. Below 1.1030 a further drop could control the market...
