by Rami Abu-Draa | Sep 23, 2025 | Tecchnical Analysis
Gold sustained the global rally on China demand to hit the target of 3780 today. As we see over the Intraday chart, a question overshadows the market whether Gold has the momentum to resume an advance towards 3820, or if the prices need a correction before resuming...
by Rami Abu-Draa | Sep 23, 2025 | Tecchnical Analysis
The Dow seems to be building a rising wedge formation, which if managed to control market, a correction is likely. Intraday charts show the chance for a trading zone between support 46000-100 and resistance 46450-500. Above 46500 more advance toward 46800 and 47100...
by Rami Abu-Draa | Sep 23, 2025 | Tecchnical Analysis
Crude Oil hit around 61.60 yesterday at the support of the current trading triangle formation as we see from the chart. The current trading zone is now between support 61.50-70 and resistance 64.00-20. Below 61.50 more of a drop will be expected towards 59.50 and...
by Rami Abu-Draa | Sep 23, 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 23, 2025 | Tecchnical Analysis
GBPUSD dropped below 1.3575 and managed to test the support trend around 1.3450-80. As we see over the chart, the uptrend line support is around 1.3420-50, where as long as the market holds above it, the advance wave could move towards the second target of...
