by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
USDJPY managed last Wednesday to test the support of 145.70 and moved lower in a volatile move over the Fed rate cut. The market managed to rebound quickly above 145.70 to drive the market for more rebound. As we see over the chart, prices still face resistance at...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target. Above 65.80 more advance will be expected with...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
GBPUSD printed a high around 1.3726 before market hit a correction. The Pound managed to fall below the support of 1.3575-95 and resumed a drop towards the support zone of 1.3480. As we see over the chart, if the market holds above the support at 1.3480, a chance for...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
The Euro hit the target of 1.1830 and above before dropping lower yesterday to break below first the support at 1.1770. As we see over the chart, the market is facing supports around 1.1770 and 1.1700, where one of those supports could keep the advance wave ongoing...
by Rami Abu-Draa | Sep 17, 2025 | Tecchnical Analysis
The Dow managed last week to break above the resistance of 45700-50 whilst managing to meet the first target at 46000. As we see over the chart and if prices hold above the support of 45500-700, another advance toward 46300 and 46800 will be expected. Below 45500...