by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
USDJPY hit the target of 154.30-50 again. The market managed to break above the resistance zone of 154.50, which could set a new course towards the 156.70 and 158.80 zone. Below 152.80 more of a drop towards 149.35 could hit the market. SUPPORT RESISTANCE LEVEL1...
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
Oil dropped from the level of 62.60 and managed to print a low around 58.77 last week. As we see from the previous chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below 58.50 more of a drop will be expected with...
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see from the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend pressure could sustain toward 1.2850....
by Rami Abu-Draa | Nov 12, 2025 | Tecchnical Analysis
The Euro passed above the 1.1585 resistance level as the market closed from the downtrend line which is now around 1.1610. If this trend managed to halt the price progression, a correction towards 1.1500 is likely. Above 1.1610, the market could have the chance for a...
by David Kindley | Nov 12, 2025 | Tecchnical Analysis
EURGBP awaits breakout The euro attempts a comeback after being stuck in a downtrend for most of this month. Sentiment has improved after a spike led to a break past the 0.8800 level. The pair is now focusing on the next target at the latest peak above 0.8830. A close...
by David Kindley | Nov 11, 2025 | Tecchnical Analysis
AI is the gift that keeps on giving, following Nvidia’s resurgence in the US indices. As the government shutdown nears its conclusion, will the S&P and Nasdaq hit another record high? Timestamps SPX500 00:25 NASDAQ 01:45 Test your trading strategy on forex and...
