by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
As we see over the Intraday chart, GBPUSD still hold above the support trend of 1.3490 which is pushing prices higher with resistance at 1.3595. Above 1.3595 more advance toward 1.3735 will be expected. Below 1.3490 more of a drop could hit the market with support...
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
The Euro tested the resistance at 1.1440 in the last two trading days as the market still looks for further advance. As we see over the Intraday chart, market facing first support around 1.1355 where as long as market holding trades above it the advance wave may...
by David Kindley | Jun 4, 2025 | Tecchnical Analysis
Indices remained resilient as steel and aluminium exports were imposed today. As the S&P heads higher, can prices break the 6k level to force an extension? Timestamps SPX500 00:30 NASDAQ 01:25 DOW 02:30 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | Jun 4, 2025 | Tecchnical Analysis
GER 40(the Dax) falls from peak GER 40(the Dax) reached a fresh peak in recent sessions before prices turned south towards 24000. The index looks to remain elevated after hitting a double bottom at 23800. 24300 is the next target, although the RSI’s indecisiveness...
by David Kindley | Jun 3, 2025 | Tecchnical Analysis
Trade tensions are back on the menu as gold spiked higher in yesterday’s session. As the greenback slides further into the red, will we see the yellow metal hit a record high soon? Timestamps XAUUSD 00:35 DXY 01:45 Test your trading strategy on forex and stocks with...
by David Kindley | Jun 3, 2025 | Tecchnical Analysis
The silver (XAGUSD) hits another spike The silver (XAGUSD) spiked higher as global tensions increased. After being inside a bearish channel for the majority of last month, a break above 33.60 suggests the bulls are back in the game. The psychological level of 34.00...
