by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
Crude Oil managed to hit a fast correction and as result of easing tensions in the Middle East. As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound toward 68.00 is likely. The market managed to hit the first resistance of...
by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
USDJPY managed to hit the target of 145.70-90 and move higher. As we see over the Intraday chart, the market is facing the first support around 145.70 with resistance at 147.50-70. If prices hold above 145.70, more advance is still expected. Below 145.70 a risk for a...
by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
GBPUSD hit a drop towards 1.3560 while more of a drop still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward 1.3980 could hit the market. SUPPORT...
by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60. Below 1.1650 a chance for a correction...
by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
As we see over the Intraday chart, the Dow is still holding above 44330 which means there is a chance for further advance toward 45100. Below 44330 more of a drop could hit the market with support at 43670. SUPPORT RESISTANCE LEVEL1 44330 44870 LEVEL2 44000 45100...