by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
The Dow managed to hold above the support of 45500-700 and met the first target around 46300. As we see over the chart and as long as the market holds above the support of 45500-700, another advance toward 46800 will be expected. Below 45500 more of a drop is likely...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
Gold managed to hit a fast advance and closed from the target of 3710 last Wednesday, before the market rapidly dropped before testing 3710. As we see over the Intraday chart, prices face pressure which could lead to another drop. As long as prices remain below the...
by Rami Abu-Draa | Sep 19, 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 19, 2025 | Tecchnical Analysis
Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target. Above 65.80 more advance will be expected with...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
GBPUSD printed a high around 1.3726 before market hit a correction. The Pound managed to fall below the support of 1.3575-95 and resumed a drop towards the support zone of 1.3480. As we see over the chart, if the market holds above the support at 1.3480, a chance for...
by Rami Abu-Draa | Sep 19, 2025 | Tecchnical Analysis
The Euro hit the target of 1.1830 and above before dropping lower yesterday to break below first the support at 1.1770. As we see over the chart, the market is facing supports around 1.1770 and 1.1700, where one of those supports could keep the advance wave ongoing...
