by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
Gold managed to break above the resistance of 3260 yesterday and hit 3290 to close from the second target of 3330-50. As we see over the Intraday chart, the market is facing reistance around 3350 and 3380 while support is at 3275. Below 3275 more of a drop could hit...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
Crude Oil Prices met the target of 63.20-50 while managing to advance further. As we see over the chart, the market is facing resistance around 64.80 where as long as prices hold below it, a chance for a correction could hit the market. Above 64.80 the market could...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
USDJPY fell below the support of 144.40 which caused a drop in the market toward 143.45 so far. As we see over the Intraday chart, the market could show a support trend around the 143.00-20 zone, which as long as the market keep above it, another rebound toward...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
GBPUSD managed to break above resistance 1.3360 to hit the target 1.3440. As we from the chart, the market is facing a support zone around 1.3315-30, where as long as prices keep holding above it, the advance wave could expand towards 1.3635. Below 1.3315 more of a...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
Euro broke above the resistance of 1.1290 and managed to print a high around 1.1350. As we see over the chart, the market is still targeting the 1.1380 resistance zone with support at 1.1265. Below 1.1265 more of a drop could hit the market with the support trend at...
