by Rami Abu-Draa | Jul 22, 2025 | Tecchnical Analysis
The Dow managed to hold below the resistance of 44650-700 so far and hit the first drop movement toward 44200. As we see over the Intraday chart, if prices remain below the 44650-700 resistance, another drop swing could hit the market with support at 43870. Above...
by Rami Abu-Draa | Jul 22, 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 22, 2025 | Tecchnical Analysis
USDJPY managed to hold so far above the support at 146.90, which could give a chance for a further march toward 150.45. Below 146.90 more of a drop could hit the market with support at 145.70 could keep the chance for another advance. SUPPORT RESISTANCE LEVEL1 146.90...
by Rami Abu-Draa | Jul 22, 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 rebound...
by Rami Abu-Draa | Jul 22, 2025 | Tecchnical Analysis
The Euro printed a 1.1557 low last week as prices remain above the support trend of 1.1535-50. If prices hold above 1.1535-50, the advance wave still has a chance for another push higher. The market managed to advance toward 1.1715 so far. Below 1.1535 more of a drop...
by Daniel John Grady | Jul 22, 2025 | Tecchnical Analysis
Global markets are watching trade negotiations with a certain amount of trepidation. Risk appetite has shifted towards safety, as the failure to reach trade deals is seen as likely to harm economic growth. This is particularly concerning for the Euro, alongside the...