Technical Analysis Gold – 10.06.2024 Rami Abu-Draa Jun 10, 2024 20 Gold fell below the 2315 support and printed a 2286 low. The chart shows that the market is heading for the trading zone between support 2277 and…
Technical Analysis Crude Oil – 10.06.2024 Rami Abu-Draa Jun 10, 2024 13 Our previous chart shows that Crude Oil rebounded before testing the support trend at 70.00-50. The market is closing in on the resistance zone at…
Technical Analysis USD/JPY – 10.06.2024 Rami Abu-Draa Jun 10, 2024 9 The USDJPY pair corrected as prices managed to test the uptrend support line around the 154.50 zone, as seen on the chart. The market managed to…
Technical Analysis GBP/USD – 10.06.2024 Rami Abu-Draa Jun 10, 2024 19 As seen in the last two weeks on our previous chart, the GBPUSD pair met the target of 1.2800, which caused a correction. As we can see from the…
Technical Analysis EUR/USD – 10.06.2024 Rami Abu-Draa Jun 10, 2024 27 The Euro fell below the support of 1.0785-95 today, and as stated previously, below this level, more of a drop toward 1.0700 will be expected. As…
Technical Analysis China Pressures Gold Under $2300! David Kindley Jun 10, 2024 31 The yellow metal moved to weekly lows as China paused gold purchases last month. With progressive NFP job numbers on Friday, will the Fed now act…
Fundamental Analysis UK Data Barrage: The Pressure is on the BOE Daniel John Grady Jun 10, 2024 26 UK Data Barrage: The Pressure is on the BOE The pound has been gaining strength over the last month or so, thanks to several factors. But the most…
Technical Analysis Intraday Analysis – USD Boosted by NFP David Kindley Jun 10, 2024 25 USDJPY tests resistance The greenback clawed back losses after NFP figures beat expectations. The price jumped over 100 pips and cleared the…
Technical Analysis USD/JPY – 07.06.2024 Rami Abu-Draa Jun 7, 2024 18 The USDJPY pair corrected as prices tested the uptrend support line around the 154.50 zone, as seen on the chart. The market rebounded and is…
Technical Analysis Dow Jones – 07.06.2024 Rami Abu-Draa Jun 7, 2024 12 As previously stated, the Dow faces two primary resistances around 38900 and 39220. If prices remain below the said areas, another drop towards 37700…