by Rami Abu-Draa | Aug 29, 2025 | Tecchnical Analysis
As we see over the Intraday chart, Crude seems to be holding inside a triangle formation which sets the support around 62.50 and resistance around 65.00. A trading zone inside this triangle could hold the market. Above 65.00 more advance toward 69.00 will be expected....
by Rami Abu-Draa | Aug 29, 2025 | Tecchnical Analysis
USDJPY held above the support trend of 146.50-70 which managed to push prices higher again towards 148.10, while more advance is still expected towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70 is likely, which in turn could activate...
by Rami Abu-Draa | Aug 29, 2025 | Tecchnical Analysis
GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be expected. Above 1.3605 the market...
by Rami Abu-Draa | Aug 29, 2025 | Tecchnical Analysis
The Euro managed to hold above the support of 1.1550-90 to hit a rebound towards 1.1697 so far. A trading zone inside this triangle formation could control the market. Below 1.1515 more of a drop will be expected with support around 1.1390. Above 1.1740 more advance...
by David Kindley | Aug 29, 2025 | Tecchnical Analysis
(New Zealand dollar) NZDUSD finds support The (New Zealand dollar) NZDUSD shared the same rhetoric as the Aussie, with a jump higher to break the recent consolidation. A break above the key area of 0.5900 would suggest a strong bullish drive, forcing sellers to cover...
by David Kindley | Aug 28, 2025 | Tecchnical Analysis
(Gold)XAUUSD testing $3400 (Gold)XAUUSD remains bullish as an uptick in sentiment has led buyers to persist in pushing the yellow metal higher. A bounce above 3350 has prompted some sellers to cover, easing the downward pressure after a slight rejection. The direction...