by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see from the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend pressure could sustain toward 1.2850....
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
The Euro passed above the 1.1585 resistance level as the market closed from the downtrend line which is now around 1.1610. If this trend managed to halt the price progression, a correction towards 1.1500 is likely. Above 1.1610, the market could have the chance for a...
by David Kindley | Nov 12, 2025 | Tecchnical Analysis
EURGBP awaits breakout The euro attempts a comeback after being stuck in a downtrend for most of this month. Sentiment has improved after a spike led to a break past the 0.8800 level. The pair is now focusing on the next target at the latest peak above 0.8830. A close...
by David Kindley | Nov 11, 2025 | Tecchnical Analysis
AI is the gift that keeps on giving, following Nvidia’s resurgence in the US indices. As the government shutdown nears its conclusion, will the S&P and Nasdaq hit another record high? Timestamps SPX500 00:25 NASDAQ 01:45 Test your trading strategy on forex and...
by Rami Abu-Draa | Nov 11, 2025 | Tecchnical Analysis
As we see from the previous chart, prices managed to test the support zone at 46400-650 last Friday, which led to a rebound as the market moves closer to the target and resistance of 47450. The resistance at 47450 could push for a drop towards 46850. As long as the...
by Rami Abu-Draa | Nov 11, 2025 | Tecchnical Analysis
Market managed to hit some drop correction from resistance 62.60 while managed to print low around 58.77 last week As we see over our previous chart, market facing support around 58.50 which if managed to support the market a rebound movement to re-test 62.60...