by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
USDJPY managed to hold below 143.60 to hit a 142.10 low today closing to our target of 141.50-90. As we see from our previous chart, there is resistance around 143.60 where as long as the market holds below it, the drop pressure could sustain toward 141.50-90. Above...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
The Pound managed to hold above the support of 1.3315-30 and advanced toward 1.3593 yesterday. The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone. Above 1.3645 more advance will be expected with resistances...
by Rami Abu-Draa | May 27, 2025 | Tecchnical Analysis
The Euro held above 1.1265 and managed to advance toward 1.1418 yesterday, closing to the resistance of 1.1440. As we see from the Intraday chart, prices face a trading zone between the support 1.1350 and resistance 1.1440. Above 1.1440 more advance will be expected...
by David Kindley | May 27, 2025 | Tecchnical Analysis
Indices moved higher as President Trump agreed to delay tariffs of 50% on the EU. With this move in mind, is this a sign of things to come for the ongoing global tariff war? Timestamps DOW 00:30 SPX500 01:45 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | May 27, 2025 | Tecchnical Analysis
The GER 40(DAX)hitting key resistance The GER 40(DAX) continued to recover as President Trump’s proposed EU tariffs didn’t seem to worry investors too much. The price has come off the psychological tag of 23000, where a previous strong bearish candle threatened to...
by David Kindley | May 26, 2025 | Tecchnical Analysis
The US dollar was under more pressure as President Trump remained uncertain on his trade stance. With the recent news about his plans to impose a 50% tax on the EU, gold continued its bumpy grind higher. Timestamps DXY 00:35 XAUUSD 01:50 Test your trading strategy on...
