by Rami Abu-Draa | Nov 7, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 47000 a few days ago. As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return towards 48000 and 48500. Below 46400 more of a drop towards the 45400-500...
by Rami Abu-Draa | Nov 7, 2025 | Tecchnical Analysis
Gold is still holding a small trading zone as the market is hit with mixed signals between a drop wave or obtaining a rebound. As we see over the Intraday chart, the market is facing a support zone at 3955-85, which could keep the chance for the advance towards the...
by Rami Abu-Draa | Nov 7, 2025 | Tecchnical Analysis
Crude dropped from the resistance of 62.60 and managed to break below the support of 60.00. 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...
by Rami Abu-Draa | Nov 7, 2025 | Tecchnical Analysis
The market managed to test the support trend around 152.90, as prices maintain a trading zone towards the resistance of 154.30-50. Above 154.50 we will expect a further advance towards 156.70. Below 152.90 more of a drop is likely with support around 151.40-50....
by Rami Abu-Draa | Nov 7, 2025 | Tecchnical Analysis
GBPUSD GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see over 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...