by Rami Abu-Draa | Aug 25, 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 25, 2025 | Tecchnical Analysis
The Euro managed to met the target of 1.1675-90 last Friday. As we see over the Intraday chart, prices face a resistance trend around 1.1740 which could push again for another drop toward 1.1590. The first support is at 1.1670-80 which could push for a rebound....
by David Kindley | Aug 25, 2025 | Tecchnical Analysis
(UK100)FTSE hits a fresh peak Global equities continued to push higher as tech stocks look to extend their rally. The (UK100)FTSE moved towards a fresh high after clearing and advancing away from the 9200 level. A combination of short-covering and buying the dips...
by David Kindley | Aug 22, 2025 | Tecchnical Analysis
SPX 500 tech stocks begin to slide The S&P took a step back in recent sessions as a broad decline in tech stocks shook the market. Investors are concerned about high valuations and the outlook heading into the 3rd quarter. Last week’s FOMC minutes showed the...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
The Dow hit below 44650 before the market made a fast rebound. As we see over the Intraday chart, Indicators still show strength if prices remain above the support of 44300-500 with targets still toward 45100 and 45500. Below 44300 more of a drop will be expected...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
Gold is still holding a trading zone while today Federal Reserve Chair Jerome Powell’s speech could shake things up. As we see over the Intraday chart and as long as market holds below 3358, the chance for a drop to test the 3282 support is likely, which in turn could...
