by Rami Abu-Draa | May 30, 2025 | Tecchnical Analysis
The Pound dropped as prices remained below the resistance of 1.3635-45 and printed a 1.3415 low yesterday. As we see over the Intraday chart, the market is facing the first Intraday resistance around 1.3525, where as long as the market holds below it, a further drop...
by Rami Abu-Draa | May 30, 2025 | Tecchnical Analysis
The Euro yesterday fell below 1.1365 as the second support at 1.1200 managed to push market higher again. As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone towards 1.1390 could control...
by Rami Abu-Draa | May 28, 2025 | Tecchnical Analysis
The Dow managed to hold above the first support of 41850 and added more advance to break above 42100 and close to the first target and resistance at 42435. First Intraday support starts from 42200 where as long as the market keeps above it the advance wave could...
by Rami Abu-Draa | May 28, 2025 | Tecchnical Analysis
Gold managed to meet the target of 3280-95 yesterday and hit a rebound. As we see over the Intraday chart, the market is facing resistance around 3345-65 which could again push for another drop swing toward 3280. Above 3370 more advance will be expected with...
by Rami Abu-Draa | May 28, 2025 | Tecchnical Analysis
Oil hit a high around 64.10 and dropped to close in again to the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading zone. Above 64.80 price action could...
