by Rami Abu-Draa | Sep 9, 2025 | Tecchnical Analysis
Crude Oil managed to meet the target of 61.50 last Friday. As we see over the Intraday chart, prices face resistances around 63.50 and 65.00-80, where as long as the market holds below one of those resistances another drop swing toward 59.50 could hit the market....
by Rami Abu-Draa | Sep 9, 2025 | Tecchnical Analysis
GBPUSD re-tested the 1.3590 resistance which if managed to hold, a correction could hit the market with support around 1.3480, which in turn could activate an advance. Above 1.3590 more advance toward 1.3745-75 will be expected. Below 1.3480, more of a drop could hit...
by Rami Abu-Draa | Sep 9, 2025 | Tecchnical Analysis
The Euro moved above the resistance of 1.1720-40 which could cause a further advance toward targets 1.1830 and 1.2000. As we see over the previous Intraday chart, the market is facing support around 1.1680. If prices hold above it, more advance will be expected toward...
by David Kindley | Sep 9, 2025 | Tecchnical Analysis
Stocks kept climbing, which meant indices searched for continuous record highs. With the Nasdaq hitting a fresh peak, can the S&P and the Dow keep up the pace? Timestamps NASDAQ 00:25 S&P500 01:50 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | Sep 9, 2025 | Tecchnical Analysis
(WTI crude) USOIL gaining momentum (WTI crude) USOIL gained some recovery after a firm bounce at 61.50. A break above the previous high of 63.50 would attract momentum buyers, extending the recovery. The RSI’s double bottom in the oversold area could extend the...
by Rami Abu-Draa | Sep 8, 2025 | Tecchnical Analysis
The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone. As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at 44570 will maintain the chance for...