by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
Gold managed to hold below the resistance of 3365-70 and managed to drop further. Gold managed so far to hit low around 3302. As we see over the Intraday chart, the market is facing its first support zone around 3280-95 and another advance will be expected toward...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
Oil hit a high around 64.10 and dropped to close in again to the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading zone. Above 64.80 price action could...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
USDJPY managed to hold below 143.60 to hit a 142.10 low today closing to our target of 141.50-90. As we see from our previous chart, there is resistance around 143.60 where as long as the market holds below it, the drop pressure could sustain toward 141.50-90. Above...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
The Pound managed to hold above the support of 1.3315-30 and advanced toward 1.3593 yesterday. The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone. Above 1.3645 more advance will be expected with resistances...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
The Euro held above 1.1265 and managed to advance toward 1.1418 yesterday, closing to the resistance of 1.1440. As we see from the Intraday chart, prices face a trading zone between the support 1.1350 and resistance 1.1440. Above 1.1440 more advance will be expected...
