by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90. As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward 63.20-50 and 64.80 will be...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
USDJPY managed to hit a correction today to hit a 144.90 low. As we see over the chart, the market could head again for another advance from the 145.40 support with the target and resistance zone at 148.20-60. Below 144.40-80 the market could head for a further drop...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
The Pound printed a 1.3332 high today while we still hold our previous outlook as per yesterday. As long as the market holds below this resistance of 1.3360, another drop will be expected to test the 1.3200-20 zone while below this level more of a drop will be...
by Rami Abu-Draa | May 16, 2025 | Tecchnical Analysis
The Euro managed to print a 1.1065 low on Monday and rebounded towards the resistance zone at 1.1265. As we see over the chart, prices remain inside this trading zone. Above 1.1290 more advance toward 1.1380-1.1425 could hit the market. Below 1.1030 a further drop...
by Rami Abu-Draa | May 15, 2025 | Tecchnical Analysis
Dow managed to hold trades below resistance 42560 where managed to met target 42000 and closing from second target and support 41600 As long as market keep holding trades above 41600 support another advance may hit the market where resistances laying at 42560 and...
