by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85. Intraday first resistances are at 65.50 and 66.30-60. If prices hold below one of those resistances then...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65. As we see over the chart and as long as the market keeps hold above the second support of 147.50-70, then the advance wave could sustain towards...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
GBPUSD dropped to hit the target of 1.3400 and fell further. As we see over the chart, the market is starting to show chances for a rebound starting from 1.3425, while as long as prices keep holding above 1.3370 the advance wave will be ongoing. Below 1.3370 more of...
by Rami Abu-Draa | Jul 16, 2025 | Tecchnical Analysis
The Euro managed to fall below the support of 1.1650 yesterday on US Inflation figures. As we see over the chart, the second support is around 1.1535-50 which in turn could keep the advance wave ongoing. Below 1.1535 more of a drop could hit the market with supports...
by David Kindley | Jul 16, 2025 | Tecchnical Analysis
The market was in a state of shock yesterday as inflation bounced higher, leading to speculation that the Fed is not ready to begin cutting rates. With the greenback fighting back against its rivals, will the market continue correcting? EURUSD 00:30 GBPUSD 01:55 Test...
by David Kindley | Jul 16, 2025 | Tecchnical Analysis
(DAX) GER 40 finding bullish trend The (DAX) GER 40 weakened as the recent tariff war imposed on the EU shook the index. A break below 24500 dented the market mood in the near term. However, with prices now moving into a bullish channel, bulls are hoping for a...
