by Rami Abu-Draa | May 8, 2025 | Tecchnical Analysis
USDJPY held below 144.40 and managed 2 days ago to hit the target zone of 142.50-70. Prices also managed to rebound from that support zone. As we see from the chart and if prices hold above 142.30, more advance toward 145.10 could hit the market. Below 142.30 more of...
by Rami Abu-Draa | May 8, 2025 | Tecchnical Analysis
GBPUSD held trades inside our expected trading zone so far and tested 1.3435 and fell toward 1.3260 so far. The trading zone between the support 1.3200-20 and resistance 1.3435 could control the market. Above 1.3435 more advance toward 1.3635-45 will be expected....
by Rami Abu-Draa | May 8, 2025 | Tecchnical Analysis
The Euro managed last week to test the edge of our support zone of 1.1245-65 and rebounded toward 1.1380. As long as the market holds above this support zone at 1.1245-65, the advance wave could sustain for a further advance. Below 1.1245 more of a drop toward...
by Rami Abu-Draa | May 6, 2025 | Tecchnical Analysis
The Dow managed to break above the resistance of 41100-200 last Friday. As we see over the chart, prices are facing Intraday supports around 40850 and 40600-50, where as long as the market holds above one of those supports, the advance wave could expand towards...
by Rami Abu-Draa | May 6, 2025 | Tecchnical Analysis
Gold broke above 3280 last week and managed to meet the targets of 3320 and 3350. Gold began this week with an advance toward the resistance zone 3380-88. As we see over the chart, the market is facing a chance for another drop towards 3260-80. Intraday supports are...
