by Rami Abu-Draa | Sep 23, 2025 | Tecchnical Analysis
The Euro managed to add more of a drop below 1.1770 as the market still holds above the second support of 1.1700, which is still showing a chance for further advance towards the 1.2000 zone. As we see over the chart, as long as the market holds above 1.1700 the...
by Rami Abu-Draa | Sep 22, 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 22, 2025 | Tecchnical Analysis
Gold managed early today to break above 3708 which could lead to a further advance toward 3780. As we see over the Intraday chart, the market is facing support around 3698-708, which if managed to support the market, more of an advance will be expected towards 3740...
by Rami Abu-Draa | Sep 22, 2025 | Tecchnical Analysis
Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target. Above 65.80 more advance will be expected with...
by Rami Abu-Draa | Sep 22, 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...