by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
USDJPY managed to hit the target of 145.70-90 and move higher. As we see over the Intraday chart, the market is facing the first support around 145.70 with resistance at 147.50-70. If prices hold above 145.70, more advance is still expected. Below 145.70 a risk for a...
by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
GBPUSD hit a drop towards 1.3560 while more of a drop still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward 1.3980 could hit the market. SUPPORT...
by Rami Abu-Draa | Jul 8, 2025 | Tecchnical Analysis
The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60. Below 1.1650 a chance for a correction...
by David Kindley | Jul 8, 2025 | Tecchnical Analysis
Gold bounced away from the $3300 area with fresh concerns over another tariff war.With Japan the next in line to have tariffs increased, will we see another surge on the yellow metal? Timestamps XAUUSD 00:25 DXY 02:00 Test your trading strategy on forex and stocks...
by David Kindley | Jul 8, 2025 | Tecchnical Analysis
The Dollar (USDJPY) hitting double top The dollar is seeing some light at the end of the tunnel as sentiment shifts again. A break at the recent double top at 145.10 would see a continuous bullish drive from the 200-pip push that has kept buyers in the driving seat....
by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
As we see over the Intraday chart, the Dow is still holding above 44330 which means there is a chance for further advance toward 45100. Below 44330 more of a drop could hit the market with support at 43670. SUPPORT RESISTANCE LEVEL1 44330 44870 LEVEL2 44000 45100...