by David Kindley | Sep 26, 2025 | Tecchnical Analysis
(UKOIL) crude meets heavy resistance (UKOIL) crude prices remained indecisive with concerns over global demand and elevated risks of a slowdown. The current bullish rally was capped by potential oversupply from the Middle East. With demand in China remaining weak, the...
by Rami Abu-Draa | Sep 26, 2025 | Tecchnical Analysis
The Dow has begun to show weakness in reflection of a Rising Wedge formation. As we see over the chart, the market is facing resistance around 46125-225, and if prices remain below it, more of a drop towards 45600 and 44925 will be expected. Above 46225, more...
by Rami Abu-Draa | Sep 26, 2025 | Tecchnical Analysis
As we see over the Intraday chart, Gold seems to be building a trading zone inside a triangle formation, with a support zone at 3720-28 and a resistance zone at 3755-62. Above 3762, a further advance with resistances at 3791 and 3815 is expected. Below 3720, prices...
by Rami Abu-Draa | Sep 26, 2025 | Tecchnical Analysis
Crude Oil managed to pass above the resistance at 64.00-20, which could push for a further advance as the market faces resistance around 65.80. If prices fail to break above 65.80, this could lead for another drop. However, Intraday shows support around the 63.20-80...
by Rami Abu-Draa | Sep 26, 2025 | Tecchnical Analysis
USDJPY managed to break above the resistance of 149.15 and this move could lead to a further advance. The market now targets towards 150.45 and 151.25-45. As we see over the Daily Chart and as long as prices remain below the 151.25-45 resistance, a correction could...
by Rami Abu-Draa | Sep 26, 2025 | Tecchnical Analysis
GBPUSD fell below the support of 1.3420 and managed to add more of a drop towards the target of 1.3330. As we see over the Intraday chart, as long as the market remains below 1.3465, a chance for a further drop towards 1.3250 is likely, which in turn could activate...
