by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
Gold managed to resume a drop at the market open today to test support zone of 3295-3305. As we see over the chart and as long as the market holds above 3295, another advance toward 3380 will be expected. Below 3280 more of a drop will be expected with support at...
by Rami Abu-Draa | Jul 7, 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 7, 2025 | Tecchnical Analysis
USDJPY managed to rebound above 143.40-90 and printed a 145.22 high last week while target is still toward 145.70-90. Intraday levels show supports around 143.65 and 142.65 with resistance at 145.70-90. Below 142.65 more of a drop toward 141.50 will be expected....
by Rami Abu-Draa | Jul 7, 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 7, 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...
