by David Kindley | Jun 5, 2025 | Tecchnical Analysis
The ECB looks to cut interest rates again as inflation remains at the 2% target. With the tariff war ongoing. will the NFP results give an indication in where the Dollar is going for the rest of the month? Timestamps EURUSD 00:25 GBPUSD 01:30 Test your trading...
by David Kindley | Jun 5, 2025 | Tecchnical Analysis
Dow Jones (US30) heading for another peak The Dow Jones (US30) ignored the recent tariffs imposed on steel and aluminium as stocks spiked higher. The index reached the mis-42000 level before a slight pullback saw some sideways hesitation. With the RSI in overbought...
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 42600-700 today. The index held above the support of 41850 and hit the targets 42435 and 42600-700. As we see over the chart, prices could head for another drop swing inside this trading zone as long as prices keep holding below...
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
Gold found support yesterday around 3325-30 which could keep the advance wave going towards the 3415 resistance. The market could create a trading zone between support 3325-30 and resistance 3415. Above 3415 more advance will be expected with resistance around 3438....
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
Oil managed to hit high around 64.10 two weeks ago as prices tested the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading zone. Above 64.80 price action...
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
USDJPY managed to hit a low around 142.36 yesterday, closing to the support zone of 142.10 before rebounding. As we see over the Intraday chart, prices face a possible trading zone between support 143.30-45 and resistance 144.45, while the market indicates a further...
