by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
Gold held above the support at 3275 while managing to advance towards 3350. As we see over the chart, the market faces resistance around 3365-70 which could push for a drop toward 3275-95. Above 3370 the market could have chance for an advance with resistances at 3415...
by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
GBPUSD broke above the resistance of 1.3360 and hit the target of 1.3440. As we see over the chart, prices are facing support around 1.3315-30, where as long as the market remains above it, the advance wave could expand towards 1.3635. The pair managed to add more...
by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
USDJPY managed to hit below the 143.00 level which could be a sign for a further drop. As we see over the Intraday chart, the market is facing the first resistance around 143.60. If prices remain below that level, the drop pressure could sustain to break below 142.80...
by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
The Euro tested the support level of 1.1265 yesterday and managed today to advance and close in on the target of 1.1380. As we see over the chart, the market is still facing resistance around 1.1380-90 which could lead to a drop inside this trading zone. Below...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
The Dow managed to sustain an advance to meet the target 42835 and above. As we see over the chart, the market is closing from the support zone 42140-200. If prices remain above it another advance could hit the market toward 42670 and above. Below 42140 more of a...
