by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
The Dow managed yesterday to break below the 45100 support, which could push prices further down. As we see from the Intraday chart, prices face a resistance zone around 45320-70, where as long as the market remains below it, a further drop will be expected. Support...
by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
Gold managed to sustain an advance yesterday and managed to meet the target of 3540. As we see from the Intraday chart, the market faces a trading zone inside a triangle formation between support 3526 and resistance 3544-46. Above 3546 more advance toward 3575 could...
by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00. As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds above it, more advance will be expected...
by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
USDJPY managed to hold above the support trend of 146.50-70 which was tested several times with a rebound towards 148.93 so far. Below 146.50 more of a drop to re-test the old support at 145.70 which in turn could activate another advance. Above 149.15 more advance...
by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
GBPUSD moved below 1.3360 with a fast drop which could lead to a further downturn. As we see over the Intraday chart, the market is facing a resistance zone around 1.3430-50. If prices remain below it, more of a drop toward 1.3200-20 or 1.3140-60 could hit the...
by Rami Abu-Draa | Sep 3, 2025 | Tecchnical Analysis
The Euro dropped to the resistance zone of 1.1720-40 as the market closed to the support trend of 1.1575-1.1600. As we see from our previous chart, the Euro still holds a trading zone in a triangle pattern. Below 1.1575 more of a drop will be expected with supports...