by David Kindley | Jul 25, 2025 | Tecchnical Analysis
(UK 100) FTSE extending the record The (UK 100) FTSE was boosted by early rumours that trade deals within the EU are close to completion. A bounce above the first resistance level of 9000 prompted short-term sellers to cover, giving the buy side more reasons to hit...
by Rami Abu-Draa | Jul 24, 2025 | Tecchnical Analysis
The Dow managed to print above the resistance of 44650-700 which could push prices higher to advance towards a record high at 45100. Prices managed to hit a high around 45030 so far. As we see over the chart, the market faces Intraday support around 44500-600, where...
by Rami Abu-Draa | Jul 24, 2025 | Tecchnical Analysis
Gold managed to hit a bigger correction yesterday and managed to fell below support of 3382. As we see over the chart, the market is facing resistance around 3382-95 where as long as the market holds below it, more of a drop toward 3331-38 will be expected which...
by Rami Abu-Draa | Jul 24, 2025 | Tecchnical Analysis
Crude Oil still holds our expected trading zone between support 63.70 and resistance 68.00 in the last few weeks. This trading zone could sustain while a bigger rebound movement toward 72.15 and above is still expected. Below 63.70 more of a drop toward 61.50 and...
by Rami Abu-Draa | Jul 24, 2025 | Tecchnical Analysis
USDJPY managed to fall below the support of 146.90 which could push for a further drop as the market still faces a 145.70 support. As we see over the chart, a chance for rebound and trading zone can hold the market between support 145.70 and resistance 147.20. Above...
by Rami Abu-Draa | Jul 24, 2025 | Tecchnical Analysis
GBPUSD managed to hit a correction to meet the target of 1.3400. As we see over the chart, prices have started to show chances for a rebound from 1.3425, while as long as prices keep holding above 1.3370, the advance wave will be ongoing. The Market managed to...
