by David Kindley | Oct 27, 2025 | Tecchnical Analysis
Indices rose to fresh peaks as the earnings season keeps on giving. With the Fed expected to cut rates this week, will this drive stocks further? Timestamps DOW 00:30 SPX500 01:25 NASDAQ 02:00 Test your trading strategy on forex and stocks with Orbex OPEN LIVE ACCOUNT...
by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
The Dow broke above the resistance of 46700 last week and managed to add more advance on the price gap today. 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 it,...
by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
As we see over the previous chart, the market still faces the main resistance zone at 4160-90, if gold remains below it, the downtrend pressure could sustain for another drop swing towards the 4004-20 zone. Below 4004 more of a drop toward 3945-65 will be expected....
by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
The market managed to hit the second target around the 62.60 resistance. As we see over the previous chart, the market facing the chance for a trading zone between support 60.00-20 and resistance 62.60. Above 62.60 more advance will be expected towards the 66.00-20...
by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
USDJPY managed to meet the first target at the resistance 152.60 and managed to move above it last week. As we see from the Intraday chart, the market is facing a support zone at 151.05-40, where if prices hold above it, more advance toward 152.60 and 154.65 will be...
by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
We are still holding our previous outlook for the GBPUSD pair. Signals coming from the market show downtrend pressure with the chance for a trading zone, with support at 1.3250 and resistance at 1.3480-1.3535. Below 1.3250 more of a drop will be expected with supports...