Technical Analysis Crude Oil – 20.08.2024 Rami Abu-Draa Aug 20, 2024 15 Crude Oil managed to fall below 74.20 and managed to drop further toward 72.45. As we see on the chart, the prices still show a support trend…
Technical Analysis Gold – 20.08.2024 Rami Abu-Draa Aug 20, 2024 19 Gold managed to break above the Intraday resistance at 2510 while the uptrend wave is still ongoing toward the targets of 2535 and 2575. As long as…
Technical Analysis Dow Jones – 20.08.2024 Rami Abu-Draa Aug 20, 2024 10 The Dow met the target of 40800-900 and is now at risk for a correction which could hit toward the 40400 and 40000 levels. As we see on the chart…
Technical Analysis USD/JPY – 20.08.2024 Rami Abu-Draa Aug 20, 2024 11 USDJPY managed yesterday to move above the resistance of 146.80 which could be a sign for a further advance. As we see on the Intraday chart, the…
Technical Analysis GBP/USD – 20.08.2024 Rami Abu-Draa Aug 20, 2024 15 GBPUSD managed to advance above the 1.2870 resistance which could then move higher. The market managed to hit the first resistance around 1.2940…
Technical Analysis EUR/USD – 20.08.2024 Rami Abu-Draa Aug 20, 2024 14 The Euro broke above 1.1050 and continues to as projected last week as the next resistance is towards 1.1140. The market could head for a drop to…
Technical Analysis Dow Jumps as Stocks Continue Winning Run! David Kindley Aug 20, 2024 21 The Indices maintained their bullish run as investors gear up for the symposium this week. With all three indexes recovering to record highs, will…
Fundamental Analysis Is it Downhill for Cable From Here? Daniel John Grady Aug 20, 2024 32 After a very busy week of economic data out of the UK, the conclusion seems to be that the Pound Sterling price is due for some weakness, Particularly…
Technical Analysis Intraday Analysis 20.08.2024 David Kindley Aug 20, 2024 23 XAGUSD hits resistance Silver saw a potential continuation of its recent rally come to a halt, as the 29.00 zone became a firm resistance. The…
Technical Analysis Gold – 19.08.2024 Rami Abu-Draa Aug 19, 2024 26 Gold broke above the 2475-95 resistance last week and hit a 2510 high so far. As we see on the chart, the market is facing a support zone around…