by Rami Abu-Draa | Aug 7, 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 is still facing the previous support at 63.70 which could create a trading zone towards 67.40. Prices yesterday hit below 63.70 and printed a low around...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
USDJPY managed to hit a rebound toward 147.87 as the market hit another dip toward 146.70 so far. As we see over the Intraday chart, prices still hold trades inside this trading zone between support 145.70 and resistance 148.00-20. SUPPORT RESISTANCE LEVEL1 146.60...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around 1.3590. Below 1.3140 more of a...
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...
