by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
USDJPY managed to rebound above 143.40-90 and printed a 145.22 high last week while target is still toward 145.70-90. Intraday levels show supports around 143.65 and 142.65 with resistance at 145.70-90. Below 142.65 more of a drop toward 141.50 will be expected....
by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
GBPUSD hit a drop towards 1.3560 while more of a drop still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward 1.3980 could hit the market. SUPPORT...
by Rami Abu-Draa | Jul 7, 2025 | Tecchnical Analysis
The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60. Below 1.1650 a chance for a correction...
by David Kindley | Jul 7, 2025 | Tecchnical Analysis
(NAS 100) hits another high The Nasdaq (NAS 100) closed at another record as investors see a path to clarity for the Fed. On the chart, the price is reaching 23000 as bullish momentum continues to attract buyers. However, a bearish RSI divergence could indicate a...
by David Kindley | Jul 4, 2025 | Tecchnical Analysis
SPX (S&P 500) extending gains The (S&P 500) extended gains after a progressive job report from the NFP and a decent unemployment reading. The US economy defied expectations after exceeding forecasts as America woke up from its 4th of July weekend. However,...
by David Kindley | Jul 4, 2025 | Tecchnical Analysis
(US30) hits another peak The Dow (US30) remained bullish as price action hit another higher high. Since a confirmation break past 44,000, a slight increase in value followed by stiff consolidation has led to a top at 44,600. A move past this price will provide the...
