by Rami Abu-Draa | Nov 5, 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 5, 2025 | Tecchnical Analysis
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 as long as the market holds below it, the downtrend pressure could sustain toward...
by Rami Abu-Draa | Nov 5, 2025 | Tecchnical Analysis
The Euro managed to break below the support of 1.1545 which could lead to another drop. As we see over the chart, the market faces resistance around 1.5850, and if prices remain below it, the downtrend pressure could sustain with support at 1.1390 giving the chance...
by Rami Abu-Draa | Nov 3, 2025 | Tecchnical Analysis
As we see over our previous chart, the Dow faces the chance for a correction, as long as the market remains below 48000 as the support of 47000 could keep the advance wave ongoing. Prices managed to test the first support last week around 47370. Above 48000 more...
by Rami Abu-Draa | Nov 3, 2025 | Tecchnical Analysis
As we see over the chart, the market could maintain this trading zone inside the uptrend channel with a resistance zone at 4050-70 and support at 3940-50. Above 4070 more advance to test 4100 will be expected while above this zone more advance is likely. Below 3940...
