by Rami Abu-Draa | Dec 22, 2025 | Tecchnical Analysis
The market broke above 1.3360-70 which could lead to a further advance. As we see over the previous chart, prices face support around 1.3280-99 which could push towards toward targets 1.3470 and 1.3600. Below 1.3280 more of a drop could hit the market where the second...
by Rami Abu-Draa | Dec 22, 2025 | Tecchnical Analysis
The Euro managed to hit the of target 1.1675 and almost closed towards 1.1820. As we see over the Intraday chart, and as long as the market holds above the 1.1680 support, the advance could continue toward 1.1820. Above 1.1820 more advance could hit the market with...
by David Kindley | Dec 22, 2025 | Tecchnical Analysis
GBPUSD consolidates losses Cable failed to keep hold of its recent high after last week’s Bank of England rate decision. The recent high of 1.3450 was short-lived after a heavy rejection; however, a surge above this ceiling might open the door to a sustained rebound....
by David Kindley | Dec 19, 2025 | Tecchnical Analysis
GBPUSD remains bullish Cable remains bullish as last week’s inflation data caused a spike in price action. With inflation falling sharply in November, this fuelled the likelihood of a rate cut in the Bank of England’s final meeting of the year. Easing inflation and...
by Rami Abu-Draa | Dec 19, 2025 | Tecchnical Analysis
The Dow closed towards the support trend of 47600-700 which could keep the trading zone toward resistance 48370-500. Above 48500 more advance will be expected with resistance at 48860. Below 47600 more of a drop towards 47090 is likely. SUPPORT RESISTANCE LEVEL1...
by Rami Abu-Draa | Dec 19, 2025 | Tecchnical Analysis
Gold met tagets 4350 and 4370-80 before correcting yesterday. From the Intraday chart, prices are facing support around 4290, where as long as the market holds above it, another rebound toward 4350-70 could hit the market. Below 4290 more of a drop is likely as the...