by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
The Pound printed a 1.3332 high today while we still hold our previous outlook as per yesterday. As long as the market holds below this resistance of 1.3360, another drop will be expected to test the 1.3200-20 zone while below this level more of a drop will be...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
The Euro managed to print a 1.1065 low on Monday and rebounded towards the resistance zone at 1.1265. As we see over the chart, prices remain inside this trading zone. Above 1.1290 more advance toward 1.1380-1.1425 could hit the market. Below 1.1030 a further drop...
by Rami Abu-Draa | May 15, 2025 | Tecchnical Analysis
Dow managed to hold trades below resistance 42560 where managed to met target 42000 and closing from second target and support 41600 As long as market keep holding trades above 41600 support another advance may hit the market where resistances laying at 42560 and...
by Rami Abu-Draa | May 15, 2025 | Tecchnical Analysis
As we see over the Intraday chart, Gold managed to test the edge of support zone 3103-20 while managed to rebound toward 3154 so far As we see over the chart and as long as market holding trades above support 3103-20 a farther rebound toward 3190-200 zone will be...
by Rami Abu-Draa | May 15, 2025 | Tecchnical Analysis
Crude Oil managed to met targets 61.50 and resistance 63.50 while managed to hit some drop correction movement and closing again from support zone 59.50-90 As we see over the chart and as long as market keep holding trades above support 59.50-90 another advance wave...
