by Rami Abu-Draa | Jun 30, 2025 | Tecchnical Analysis
USDJPY managed to hit below the support of 144.30 which could push for more of a drop to test the support trend at 143.30-40, which in turn could push for a rebound with resistances around 144.95 and 145.70-90. Below 143.30 more of a drop towards 141.50 will be...
by Rami Abu-Draa | Jun 30, 2025 | Tecchnical Analysis
GBPUSD advanced and tested the resistance of 1.3745 last week. As we see over the chart this resistance zone of 1.3745-75 could push for some correction movement within the trading zone area towards 1.3370. Above 1.3775 the market could add more advance toward 1.3835...
by Rami Abu-Draa | Jun 30, 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. Intraday levels show the first support around 1.1650-60, where as long as the market holds above it,...
by David Kindley | Jun 30, 2025 | Tecchnical Analysis
The S&P(S&P 500) ignoring the crisis The S&P(S&P 500) pushed to another fresh high as tech stocks continue to propel the market. It appears that investors have brushed aside lingering geopolitical concerns and pinned their hopes on the Fed resuming...
by David Kindley | Jun 30, 2025 | Tecchnical Analysis
(FTSE) UK100 finds support The (FTSE) UK100 saw another dip towards the 8700 level, but prices bounced slightly higher. A bullish reversal would prompt sellers to cover, easing the downward pressure and paving the way for a recovery to the previous consolidation area...
by Rami Abu-Draa | Jun 27, 2025 | Tecchnical Analysis
The Dow managed to break above the resistance of 43300 which could now push for a further advance toward resistances 44035 and 44550-90. Intraday levels show the first support at 43100 and the second support at 42700-800. If prices hold above one of those supports,...