by Rami Abu-Draa | May 12, 2025 | Tecchnical Analysis
GBPUSD broke below the support of 1.3200 today and could add more pressure towards 1.3030. As we see over the chart, the market is facing resistance around 1.3220-60, where as long as the market holds below it, the downtrend pressure could sustain toward 1.3030. Above...
by Rami Abu-Draa | May 12, 2025 | Tecchnical Analysis
The Euro met the target and support at 1.1140-60 and managed to break below it earlier today. As we see over the chart, price face support around 1.1030 which could push for a rebound with resistances at 1.1195 and 1.1265-90. Below 1.1030 a further drop could control...
by David Kindley | May 12, 2025 | Tecchnical Analysis
WTI crude(USOIL) attempts to rebound WTI crude(USOIL) continues its choppy move higher as prices remain pressured after geopolitical tensions still linger. From the chart’s perspective, the current move added over $5 to the value but is yet to stabilise with a...
by Rami Abu-Draa | May 9, 2025 | Tecchnical Analysis
Gold managed yesterday to meet the targets 3350 and 3305 and fell lower. As we see over the chart and as long as the market holds below the resistance of 3360-70, another drop wave toward 3260-70 will be expected. Above 3370 the market might add more advance to...
by Rami Abu-Draa | May 9, 2025 | Tecchnical Analysis
The Dow managed to break above the resistance 41100-200 last Friday. As we see over the chart the market is facing Intraday supports around 40850 and 40600-50. If prices remain above one of those supports, the advance wave could expand toward 41800. Prices managed...
by Rami Abu-Draa | May 9, 2025 | Tecchnical Analysis
Crude Oil broke above 60.25 today which could set a further advance. As we see over the chart and as long as the market holds above 59.50-90, an advance movement toward targets 61.50 and 63.50 will be expected. Below 59.50 more of a drop to test the 58.00 trend level...
