by David Kindley | Jul 17, 2025 | Tecchnical Analysis
Gold had a day to remember with a spike higher as rumours that Donald Trump is looking for a new Fed Chair. With the greenback continuing higher, is a correction around the corner? Timestamps: XAUUSD 0:25 DXY 01:50 Test your trading strategy on forex and stocks with...
by David Kindley | Jul 17, 2025 | Tecchnical Analysis
Dow (US 30) dropping lower The Dow (US 30) experienced a slight pullback in its recent bull rally as investors turned their attention to recent tariff rumours. The index is still striving to hold onto its gains after lifting the key daily resistance of 44000. A fall...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
The Dow managed to hit drop correction to close to the target of 43870 today to hit a rebound. Intraday levels show the first resistance zone around 44170-250 while support is still at 33870. Below 43870 the market could drop toward 43100. SUPPORT RESISTANCE LEVEL1...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
Gold managed to hold below the resistance of 3375-80 yesterday and dropped toward 3320 so far. As we see over the Intraday chart, the market is facing resistance around 3345-52, where as long as prices keep below it, the drop pressure could sustain towards 3305-15...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85. Intraday first resistances are at 65.50 and 66.30-60. If prices hold below one of those resistances then...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65. As we see over the chart and as long as the market keeps hold above the second support of 147.50-70, then the advance wave could sustain towards...
