by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone. Above 40915 more advance toward 41200 and 41800 could hit the market. SUPPORT RESISTANCE LEVEL1 40100 40915 LEVEL2 39695 41200 LEVEL3 39240...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
Crude Oil held below the key resistance of 65.10 which could lead to a drop toward 50.00-50. However, the Intraday levels could break below the support of 61.50, and a drop lower that will hit the 58.40 support as we see over the chart. Prices could create a trading...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
USDJPY managed so far to hold below the resistance of 144.20 while managed to hit, as expected, a move toward 141.93 so far. Prices have created a trading zone between support 141.50 and resistance 144.20. Above 144.20 more advance is likely with resistances at 145.10...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
GBPUSD managed to hit a low around 1.3233 last week, as prices still hold above the support zone of 1.3200-20. This trading zone could control prices between support 1.3200-20 and resistance 1.3435. The market managed yesterday to test the resistance at 1.3435 while...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
The Euro advanced above the first Intraday resistance of 1.1388 while the market still holds a trading zone between support 1.1308 and resistance 1.1440. Above 1.1440 more advance toward 1.1540-75 could hit the market. Below 1.1308 more of a drop will be expected with...
