by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
The Euro managed to find support around 1.1390 on the edge of the uptrend line while the advance wave is still ongoing. As we see over the chart, the market is facing support around 1.1390 as resistance around 1.1720 which could push for a correction. Above 1.1720...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
Gold hit the target of 3385 again yesterday while prices managed today to drop further. As we see over the Intraday chart, prices still face supports around 3352-53 and 3335 and one of those supports can give another chance for another advance toward 3400. Below 3335...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
The Dow closed to the resistance zone of 44380-400 today, which if managed to hold below it, another drop back could hit the market toward the 43050-300 zone. Above 44400 more advance will be expected with resistances around 44750-800 and 45100. SUPPORT RESISTANCE...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
Crude Oil fell below the support of 67.50 which could push for a further drop. As we see over the chart the market stilll facing the previous support at 63.70 which could create a trading zone towards 67.40. The market managed yesterday to test the first support at...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
USDJPY hit a rebound toward 147.87 while the market still holds below the resistance of 148.00-20. As we see over the Intraday chart, prices still hold below the resistance of 148.00-20 where as long as the market remains below it, another drop is likely with support...
