by Rami Abu-Draa | May 30, 2025 | Tecchnical Analysis
The Euro yesterday fell below 1.1365 as the second support at 1.1200 managed to push market higher again. As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone towards 1.1390 could control...
by David Kindley | May 30, 2025 | Tecchnical Analysis
The dollar fell further as data showed the US economy contracted in Q1, as jobless numbers also disappointed. With Gold continuing its choppy run, will we see any fresh peaks for the yellow metal soon? Timestamps DXY 00:25 XAUUSD 01:45 Test your trading strategy on...
by David Kindley | May 30, 2025 | Tecchnical Analysis
XAUUSD (yellow metal) losing momentum Gold sank over $60 as the ongoing geo-political tensions meant a choppy ride for the XAUUSD (yellow metal). Prices are trying to safeguard their recent gains after a slight dip in price action towards 3250. Fresh selling and...
by David Kindley | May 29, 2025 | Tecchnical Analysis
The Dow Jones(US 30)regaining lost ground The Dow Jones(US 30) progressed as the index extended its winning streak. Price action goes from strength to strength after breaking above 42000. 41400 is the current support where buyers have stepped in, but now 42750 could...
by Rami Abu-Draa | May 28, 2025 | Tecchnical Analysis
The Dow managed to hold above the first support of 41850 and added more advance to break above 42100 and close to the first target and resistance at 42435. First Intraday support starts from 42200 where as long as the market keeps above it the advance wave could...
by Rami Abu-Draa | May 28, 2025 | Tecchnical Analysis
Gold managed to meet the target of 3280-95 yesterday and hit a rebound. As we see over the Intraday chart, the market is facing resistance around 3345-65 which could again push for another drop swing toward 3280. Above 3370 more advance will be expected with...
