by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
Gold managed to hold below the resistance of 3375-80 yesterday and dropped toward 3320 so far. As we see over the Intraday chart, the market is facing resistance around 3345-52, where as long as prices keep below it, the drop pressure could sustain towards 3305-15...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85. Intraday first resistances are at 65.50 and 66.30-60. If prices hold below one of those resistances then...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65. As we see over the chart and as long as the market keeps hold above the second support of 147.50-70, then the advance wave could sustain towards...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
GBPUSD dropped to hit the target of 1.3400 and fell further. As we see over the chart, the market is starting to show chances for a rebound starting from 1.3425, while as long as prices keep holding above 1.3370 the advance wave will be ongoing. Below 1.3370 more of...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
The Euro managed to fall below the support of 1.1650 yesterday on US Inflation figures. As we see over the chart, the second support is around 1.1535-50 which in turn could keep the advance wave ongoing. Below 1.1535 more of a drop could hit the market with supports...
