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...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit the market. Above 64.40 more advance...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
As we see over the Intraday chart, USDJPY managed to hit another rebound which could push the market for a further advance. As we see Intraday support at 147.95, if prices remain above it, the advance movement could sustain towards 149.15 and 150.45. Below 147.95...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
GBPUSD managed to met target of 1.3585 and dropped towards the 1.3360-90 support. 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 could keep advancing...
by Rami Abu-Draa | Aug 22, 2025 | Tecchnical Analysis
The Euro tested the support level at 1.1590 which could lead to a rebound. As we see over the Intraday chart, prices show a strong chance for another move towards the 1.1675 zone with supports at 1.1590 and 1.1500-20. Below 1.1500 more of a drop will be expected...
by David Kindley | Aug 22, 2025 | Tecchnical Analysis
Crude oil (USOIL) finds support Crude oil (USOIL) rallied after jumping over $1 yesterday, with global tensions growing. A close above the previous swing high of 64.00 could open the door to a broader recovery by forcing short sellers to cut their losses. The RSI’s...