by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 47850 and above. As we see over the chart, prices face the chance for a correction, as long as the market remains below 48000, as support at 47000 could keep the advance wave ongoing. Above 48000 more advance toward 48500 is...
by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
Gold resumed a rebound just a head of Fed Rate cut decision. As we see over the Intraday chart, the market is facing a support zone at 3970-80, while resistance at 4050 could create a trading zone. Above 4050 more advance toward 4115-30 will be expected. Below 3970...
by Rami Abu-Draa | Oct 29, 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 Intraday 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 | Oct 29, 2025 | Tecchnical Analysis
USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52. As we see from the Intraday chart, the market is still facing the chance for a trading zone between support 151.05-40 and...
by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
GBPUSD managed to sustain the downtrend pressure as prices pushed below the support of 1.3250. As long as the market remains below 1.3290, the drop pressure could continue. As we see over the Daily chart, prices now facing support at 1.3140 and could lead to a rebound...
