by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
USDJPY managed to hit below the 143.00 level which could be a sign for a further drop. As we see over the Intraday chart, the market is facing the first resistance around 143.60. If prices remain below that level, the drop pressure could sustain to break below 142.80...
by Rami Abu-Draa | May 23, 2025 | Tecchnical Analysis
The Euro tested the support level of 1.1265 yesterday and managed today to advance and close in on the target of 1.1380. As we see over the chart, the market is still facing resistance around 1.1380-90 which could lead to a drop inside this trading zone. Below...
by David Kindley | May 23, 2025 | Tecchnical Analysis
EURUSD looks for direction The euro continued its dominance over the American dollar (USD) after the pair bounced over 300 pips higher. As sentiment remains upbeat from the medium-term perspective, the recent move could be an opportunity for bulls to sustain the...
by David Kindley | May 22, 2025 | Tecchnical Analysis
Bitcoin continued to rally as prices hit a brand new record high. With a mixture of positive momentum and growing optimism around US crypto regulation, will traders see a move towards $120k soon? Timestamps BTCUSD 00:30 ETHUSD 01:45 Test your trading strategy on forex...
by David Kindley | May 22, 2025 | Tecchnical Analysis
The GER40 (DAX) tests resistance The GER40 (DAX) hit a fresh peak as euro stocks continued to outperform. A pop above 23500 and then the recent high above 24000 kept the index moving in the same direction. This confirms that the market mood remains optimistic, and the...
by Rami Abu-Draa | May 21, 2025 | Tecchnical Analysis
The Dow managed to sustain an advance to meet the target 42835 and above. As we see over the chart, the market is closing from the support zone 42140-200. If prices remain above it another advance could hit the market toward 42670 and above. Below 42140 more of a...
