by David Kindley | Jun 4, 2025 | Tecchnical Analysis
Indices remained resilient as steel and aluminium exports were imposed today. As the S&P heads higher, can prices break the 6k level to force an extension? Timestamps SPX500 00:30 NASDAQ 01:25 DOW 02:30 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | Jun 4, 2025 | Tecchnical Analysis
GER 40(the Dax) falls from peak GER 40(the Dax) reached a fresh peak in recent sessions before prices turned south towards 24000. The index looks to remain elevated after hitting a double bottom at 23800. 24300 is the next target, although the RSI’s indecisiveness...
by David Kindley | Jun 3, 2025 | Tecchnical Analysis
Trade tensions are back on the menu as gold spiked higher in yesterday’s session. As the greenback slides further into the red, will we see the yellow metal hit a record high soon? Timestamps XAUUSD 00:35 DXY 01:45 Test your trading strategy on forex and stocks with...
by David Kindley | Jun 3, 2025 | Tecchnical Analysis
The silver (XAGUSD) hits another spike The silver (XAGUSD) spiked higher as global tensions increased. After being inside a bearish channel for the majority of last month, a break above 33.60 suggests the bulls are back in the game. The psychological level of 34.00...
by Rami Abu-Draa | Jun 2, 2025 | Tecchnical Analysis
Gold managed to hit a rebound today to close again to the resistance zone at 3365-70. If the market holds below the resistance zone of 3365-70, another drop toward 3270 and 3245 will be expected. Above 3370 more advance toward 3415 could hit the market. SUPPORT...
by Rami Abu-Draa | Jun 2, 2025 | Tecchnical Analysis
Oil managed to hit high around 64.10 two weeks ago as prices tested the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading zone. Above 64.80 price action...