by Rami Abu-Draa | Oct 20, 2025 | Tecchnical Analysis
GBPUSD managed to print above the resistance of 1.33420-60 last Friday, which placed mix signals over the upcoming projection. As we see over the Intraday chart, the market looks towards a trading zone between support 1.3320 and resistance 1.3535-65. Below 1.3320,...
by Rami Abu-Draa | Oct 20, 2025 | Tecchnical Analysis
The Euro met the target and resistance zone of 1.1700-20 last Friday. As we see over the Intraday chart, prices still face a support zone at 1.1610-30. If prices remain above this zone, another advance toward 1.1775-85 will be expected. Below 1.1610 more of a drop...
by Rami Abu-Draa | Oct 16, 2025 | Tecchnical Analysis
The Dow managed yesterday to hit around 80 pips above the resistance at 46600, as the market moved back to hit the daily close, which was a sign of a false break. We still holding our previous outlook for Dow that if prices hold below 46600, this could threaten a...
by Rami Abu-Draa | Oct 16, 2025 | Tecchnical Analysis
Gold met the target of 4235 and price action looks to be building a Rising Wedge formation, which is considered to be a challenge for the uptrend wave. So far, the market is showing the chance for a trading zone between 4200 and 4245-50. Above 4250, this could lead...
by Rami Abu-Draa | Oct 16, 2025 | Tecchnical Analysis
As we see over the previous chart, prices face the chance for a trading zone between support 57.60 and resistance 59.80-60.25. The market managed to hit this rebound correction toward 59.00 yesterday. Below 57.60 the downtrend pressure could sustain with support at...
