by Rami Abu-Draa | Oct 2, 2025 | Tecchnical Analysis
The Dow managed to test the resistance zone of 46450-700 yesterday. If the resistance zone of 46450-700 holds, then the downtrend pressure will return for another drop as we see over the chart. Above 46700 this could give the market more advance signals with...
by Rami Abu-Draa | Oct 2, 2025 | Tecchnical Analysis
Gold held above the support of 3850 and added more advance yesterday, just above the resistance of 3890 before pulling back. As we see over the Intraday chart and despite the bearish signals, if prices remain above 3850, the advance could progress. Below 3850 more...
by Rami Abu-Draa | Oct 2, 2025 | Tecchnical Analysis
Crude Oil managed yesterday to re-test the old support of 61.25. The market still faces pressure signals which could push for a break below 61.25. Intraday resistance is at 62.70 where as long as the market holds below it, the drop movement could sustain. Above 62.70,...
by Rami Abu-Draa | Oct 2, 2025 | Tecchnical Analysis
USDJPY moved back again to close from the support trend which is now around 146.10-40. If prices hold above this range, another rebound towards 149.95 and above will be expected. Below 145.45 this could add more pressure over the pair for a further drop with support...
by Rami Abu-Draa | Oct 2, 2025 | Tecchnical Analysis
GBPUSD passed above 1.3465 yesterday which placed mixed signals over the pair. As we see from the chart, the market is facing Intraday resistance around 1.3535, and support around 1.3410 which could keep the Pound in this trading zone for some time. Above 1.3535 more...