by David Kindley | Nov 6, 2025 | Tecchnical Analysis
The greenback halted its bullish progression as prices across the board pulled back. With Gold stuck and waiting for direction, will the government shutdown lead to another Non-Farm Payroll miss? Timestamps XAUUSD 00:25 DXY 01:30 Test your trading strategy on forex...
by David Kindley | Nov 6, 2025 | Tecchnical Analysis
GBPUSD looks for support The pound, like many others of the dollar’s competitors, continues to fall behind. The pair is looking to find a bottom after the continuous downward progression since the beginning of October. However, with traders buying the dip, this has...
by Rami Abu-Draa | Nov 5, 2025 | Tecchnical Analysis
The Dow managed to hit the target at 47000 yesterday. As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return again towards 48000 and 48500. Below 46400 more of a drop towards the...
by Rami Abu-Draa | Nov 5, 2025 | Tecchnical Analysis
Gold broke below the support of 3960 which could push for another drop. As we see over the Intraday chart, the market is facing resistance around 3985-90, where as long as the market holds below it, more of a drop towards 3900-05 will be expected. Above 3990, more...
by Rami Abu-Draa | Nov 5, 2025 | Tecchnical Analysis
USDJPY today tested the support trend around 152.90 which could create a trading zone towards the resistance of 154.30-50. Above 154.50 we will expect a further advance towards 156.70. Below 152.90 more of a drop is likely with support around 151.40-50. SUPPORT...
by Rami Abu-Draa | Nov 5, 2025 | Tecchnical Analysis
Crude dropped from the resistance of 62.60 and managed to break below the support of 60.00. 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...