by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
Oil dropped from the level of 62.60 and managed to print a low around 58.77 last week. As we see from the previous chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below 58.50 more of a drop will be expected with...
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see from the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend pressure could sustain toward 1.2850....
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
The Euro passed above the 1.1585 resistance level as the market closed from the downtrend line which is now around 1.1610. If this trend managed to halt the price progression, a correction towards 1.1500 is likely. Above 1.1610, the market could have the chance for a...
by Rami Abu-Draa | Nov 11, 2025 | Tecchnical Analysis
As we see from the previous chart, prices managed to test the support zone at 46400-650 last Friday, which led to a rebound as the market moves closer to the target and resistance of 47450. The resistance at 47450 could push for a drop towards 46850. As long as the...
by Rami Abu-Draa | Nov 11, 2025 | Tecchnical Analysis
Market managed to hit some drop correction from resistance 62.60 while managed to print low around 58.77 last week As we see over our previous chart, market facing support around 58.50 which if managed to support the market a rebound movement to re-test 62.60...
