by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
GBPUSD managed to break above resistance 1.3360 to hit the target 1.3440. As we from the chart, the market is facing a support zone around 1.3315-30, where as long as prices keep holding above it, the advance wave could expand towards 1.3635. Below 1.3315 more of a...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
Euro broke above the resistance of 1.1290 and managed to print a high around 1.1350. As we see over the chart, the market is still targeting the 1.1380 resistance zone with support at 1.1265. Below 1.1265 more of a drop could hit the market with the support trend at...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
Gold managed to hit the target zone of 3230-60 again today. As we see over the chart and as long as the market holds below the resistance of 3230-60, another drop swing toward the 3120-50 support zone has a chance. Above 3260 more advance will be expected with...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 42560 with a strong chance still ongoing toward the second target of 42835. As we see over the chart and as long as the market holds Intraday trades above 42100-200, the advance could push toward the 42835 resistance. Below 41100...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
USDJPY managed to drop today to hit a 144.80 low. As we see over the chart prices could head again for another advance toward the resistance zone at 148.20-60. Below 144.40-80 the market could head for a further drop towards 141.90-142.30. SUPPORT RESISTANCE LEVEL1...
