by Rami Abu-Draa | Sep 22, 2025 | Tecchnical Analysis
USDJPY managed last Wednesday to test the support of 145.70 and moved lower in a volatile move over the Fed rate cut. The market managed to rebound quickly above 145.70 to drive the market for more rebound. As we see over the chart, prices still face resistance at...
by Rami Abu-Draa | Sep 22, 2025 | Tecchnical Analysis
GBPUSD dropped below 1.3575 and managed to test the support trend around 1.3450-80. As we see over the chart, the uptrend line support is around 1.3420-50, where as long as the market holds above it, the advance wave could move towards the second target of...
by Rami Abu-Draa | Sep 22, 2025 | Tecchnical Analysis
The Euro managed to add more of a drop below 1.1770 as the market still holds above the second support of 1.1700, which is still showing a chance for further advance towards the 1.2000 zone. As we see over the chart, as long as the market holds above 1.1700 the...
by David Kindley | Sep 22, 2025 | Tecchnical Analysis
Gold remained the gift that keeps on giving after breaking to another fresh peak. With the Dollar taking a step back, will tomorrow’s testimony by Jerome Powell shake up the markets further? Timestamps XAUUSD 00:30 DXY 01:50 Test your trading strategy on forex and...
by David Kindley | Sep 22, 2025 | Tecchnical Analysis
(The FTSE) UK 100 bounces back (The FTSE) UK 100 eyes another fresh high as price action breaks the previous resistance of 9200. The move has attracted further buying interest from the start of the breakout rally last week. A close above the first resistance of 9260...
by David Kindley | Sep 19, 2025 | Tecchnical Analysis
(S&P) SPX 500 reaches for another record The (S&P) SPX 500 resumed the climb after the latest FOMC press conference lingered in traders’ minds. Stocks are looking to recover from the recent sell-off as focus intensifies on the jobs market. With tech stocks...