by Rami Abu-Draa | Aug 27, 2025 | Tecchnical Analysis
USDJPY held above the support trend of 146.50-70 which managed to push prices higher again towards 148.10, while more advance is still expected towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70 is likely, which in turn could activate...
by Rami Abu-Draa | Aug 27, 2025 | Tecchnical Analysis
GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be expected. Above 1.3605 the market...
by Rami Abu-Draa | Aug 27, 2025 | Tecchnical Analysis
The Euro met the target of 1.1590 as projected a few days ago. As we see over the Intraday chart, the market is now testing the support zone of 1.1550-90 and could support the market for another rebound toward 1.1720. Below 1.1515 more of a drop will be expected...
by Rami Abu-Draa | Aug 25, 2025 | Tecchnical Analysis
The Dow managed to met the targets of 45100 and 45500 last Friday. As we see over the Intraday chart, prices face a base support at 44570-670, where as long as the market holds trades above the said support, another advance movement toward 46000 and above will be...
by Rami Abu-Draa | Aug 25, 2025 | Tecchnical Analysis
Gold managed to hit a fast advance last Friday to test the resistance of 3375. As we see over the Intraday chart, the market is still facing resistances around 3375-78 and 3387-90. One of those resistances could activate a drop wave which will face the first support...