by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52. As we see from the Intraday chart, the market is still facing the chance for a trading zone between support 151.05-40 and...
by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
GBPUSD managed to sustain the downtrend pressure as prices pushed below the support of 1.3250. As long as the market remains below 1.3290, the drop pressure could continue. As we see over the Daily chart, prices now facing support at 1.3140 and could lead to a rebound...
by Rami Abu-Draa | Oct 29, 2025 | Tecchnical Analysis
Euro seems to be building a Triangle formation at supports at 1.1600 and 1.1545, as resistance at 1.1700 has the chance for a trading zone. Above 1.1700 more advance could hit the market with resistance at 1.1780-1.1820. Below 1.1545 more of a drop will be expected...
by David Kindley | Oct 29, 2025 | Tecchnical Analysis
Traders are pricing in the probability that the Fed will approve another rate cut today. As Forex pairs anticipate volatility, will the greenback dive lower amid a dovish Fed speech? Timestamps USDJPY 00:25 GBPUSD 01:15 EURUSD 02:20 Test your trading strategy on forex...
by David Kindley | Oct 29, 2025 | Tecchnical Analysis
USDCHF tests important support The Swiss franc is poised for a bounce as prices slide lower. Any chance of a turnaround needs a jump above the psychological level of 0.8000 to send a strong signal that buyers remain in the game. As the RSI flirts with the neutral...
by Rami Abu-Draa | Oct 28, 2025 | Tecchnical Analysis
The Dow broke above the resistance of 46700 last week and managed to add more advance on the price gap this week. As we projected last week, prices hit the second target of 47500. Intraday Levels show the first support around 47000, where as long as prices hold above...
