by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
Gold managed to rebound again towards the 4405-10 zone and above. As we see over the chart, the market is facing the first support around 4385. If prices remain above it, the advance test towards the 4425-30 resistance will still be ongoing. Above 4430 more advance...
by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
Oil managed to expand the rebound correction above the 57.05 resistance, towards 58.80 two weeks ago. As we see over the previous chart, the market is a facing resistance zone around 59.00-40, which could keep the market inside this trading zone towards the 54.80...
by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
USDJPY begins to build a formation which could send prices higher. Intraday levels show support at 156.50, and if prices remain above it, the advance could sustain towards 157.75 and 158.85. Below 156.50 the drop pressure could return for a further drop with...
by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
GBPUSD managed to hit below 1.3425 which could lead to a further drop on the market. As we see over the chart, the market is facing pressure as long as prices remain below 1.3465, as each support could lead to a rebound. Above 1.3465 the market could restore the...
by Rami Abu-Draa | Jan 5, 2026 | Tecchnical Analysis
The Euro managed to break a Rising Wedge formation which could cause a downturn towards 1.1490. As we see over the Intraday chart, prices still face a support zone at 1.1600-50, which could lead to an advance higher. Below 1.1600, more of a drop towards 1.1490 will...