by Rami Abu-Draa | Oct 27, 2025 | Tecchnical Analysis
The Euro managed last week to hold above the support of 1.1545, giving the chance for another rebound. Price face support at 1.1545 as resistance at 1.1700-20 could create a trading zone. Below 1.1540 more of a drop will be expected with support at 1.1390. Above...
by David Kindley | Oct 27, 2025 | Tecchnical Analysis
EURUSD moves higher The Euro pushed higher after Friday’s inflation data came in mixed. The pair is looking to confirm a break above 1.1700. Clearing this psychological zone would move prices towards the recent peak at 1.1730. On the flip side, drop lower after this...
by David Kindley | Oct 24, 2025 | Tecchnical Analysis
USDJPY awaits rate decision The greenback continues to gain positive traction against the Yen as price action moves higher. The pair has jumped over 600 pips so far this month and looks poised to climb further. The uncertainty over a rate cut this week weighs heavily...
by David Kindley | Oct 24, 2025 | Tecchnical Analysis
AUDUSD hits resistance The Aussie hit another brick wall as prices failed to breach the recent top. The latest upside move stalled at 0.6520 as sentiment shifted lower. A combination of profit-taking and fresh selling could weigh on the price action. 0.6470 is the...
by Rami Abu-Draa | Oct 23, 2025 | Tecchnical Analysis
The Dow moved back below 46600, which provided reversal signals over the market again. As we see over the chart, the market is facing a resistance zone at 46600-750, and if prices remain below it, more of a drop could hit the market with support at 45700-800 pushing...
by Rami Abu-Draa | Oct 23, 2025 | Tecchnical Analysis
Gold hit another correction yesterday but managed to remain above the support of 4004. As we see over the chart, the market still faces the main resistance zone at 4160-90, where as long as gold remains below it, the downtrend pressure could sustain for another drop...