by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around 1.3590. Below 1.3140 more of a...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
The Euro managed to find support around 1.1390 on the edge of the uptrend line while the advance wave is still ongoing. As we see over the chart, the market is facing support around 1.1390 as resistance around 1.1720 which could push for a correction. Above 1.1720...
by David Kindley | Aug 7, 2025 | Tecchnical Analysis
The dollar moved lower as a heavy miss in the Services PMI saw price action fall. On the flip side, gold looks for another spring higher as the $3400 level is in sight. Timestamps DXY 00:30 XAUUSD 01:50 Test your trading strategy on forex and stocks with Orbex OPEN...
by David Kindley | Aug 7, 2025 | Tecchnical Analysis
(US30) Dow pushing higher The (US30) Dow jumps as earnings continue to outperform, as Donald Trump prepares his next tariff agenda. The index is still striving after lifting the key resistance of 44000. A fall below that level will put the short-term bulls on the...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
Gold hit the target of 3385 again yesterday while prices managed today to drop further. As we see over the Intraday chart, prices still face supports around 3352-53 and 3335 and one of those supports can give another chance for another advance toward 3400. Below 3335...
by Rami Abu-Draa | Aug 6, 2025 | Tecchnical Analysis
The Dow closed to the resistance zone of 44380-400 today, which if managed to hold below it, another drop back could hit the market toward the 43050-300 zone. Above 44400 more advance will be expected with resistances around 44750-800 and 45100. SUPPORT RESISTANCE...
