by Rami Abu-Draa | Aug 20, 2025 | Tecchnical Analysis
GBPUSD managed to met target of 1.3585 and dropped toward 1.3500 so far. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate again another advance toward 1.3745-75....
by Rami Abu-Draa | Aug 20, 2025 | Tecchnical Analysis
EURUSD As we see over the Intraday chart, the Euro seems to be building a trading zone between support 1.1590 and resistance 1.1690. Above 1.1690 the market could gain strength for an advance towards 1.1830. Below 1.1590 more of a drop will be expected with support...
by David Kindley | Aug 20, 2025 | Tecchnical Analysis
As peace talks continue to end the Russia/Ukraine conflict, traders look forward to the end of sanctions on Russian oil. Sentiument has already shown that this could boost global supply and weigh on the prices, as the black gold dives towards $60. Timestamps WTI 00:25...
by David Kindley | Aug 20, 2025 | Tecchnical Analysis
(GER 40)Dax holding on The (GER 40)Dax remains choppy as the Eurozone awaits the next interest rate decision. A sharp fall away from 24500 is a sign of inconsistency by short-term buyers. The RSI has recovered into neutral territory as sellers took profit, but the...
by Rami Abu-Draa | Aug 19, 2025 | Tecchnical Analysis
As we see over our previous chart, Gold is still facing pressure as the market remains below the resistance of 3358. The market is facing support around 3310-15 and could support prices for another advance to break above 3358 and to head toward 3390-95. While as long...
by Rami Abu-Draa | Aug 19, 2025 | Tecchnical Analysis
The Dow managed to sustain an advance towards 45100 and above. As we see over the chart the market is still facing support at 44650, and if prices remain above it, more advance toward 45500 will be expected. Below 44650 more of a drop is likely with support at 44300...
