by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone. Above 40915 more advance toward 41200 and 41800 could hit the market. SUPPORT RESISTANCE LEVEL1 40100 40915 LEVEL2 39695 41200 LEVEL3 39240...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
Crude Oil held below the key resistance of 65.10 which could lead to a drop toward 50.00-50. However, the Intraday levels could break below the support of 61.50, and a drop lower that will hit the 58.40 support as we see over the chart. Prices could create a trading...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
USDJPY managed so far to hold below the resistance of 144.20 while managed to hit, as expected, a move toward 141.93 so far. Prices have created a trading zone between support 141.50 and resistance 144.20. Above 144.20 more advance is likely with resistances at 145.10...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
GBPUSD managed to hit a low around 1.3233 last week, as prices still hold above the support zone of 1.3200-20. This trading zone could control prices between support 1.3200-20 and resistance 1.3435. The market managed yesterday to test the resistance at 1.3435 while...
by Rami Abu-Draa | Apr 30, 2025 | Tecchnical Analysis
The Euro advanced above the first Intraday resistance of 1.1388 while the market still holds a trading zone between support 1.1308 and resistance 1.1440. Above 1.1440 more advance toward 1.1540-75 could hit the market. Below 1.1308 more of a drop will be expected with...
by David Kindley | Apr 30, 2025 | Tecchnical Analysis
Gold Remains Flat as Oil Slides Lower! Oil continues to face downward pressure due to growing fears over weakening global economic growth and declining fuel demand. With Gold also feeling the pinch, will Donald Trump’s unpredictable tariff policies shake the markets...
