by Rami Abu-Draa | Dec 16, 2025 | Tecchnical Analysis
The Dow managed to hit the targets of 48000 and 48420 and added more advance. As we see from the previous chart, prices face a support zone around 48000-300 which was tested last Friday. If the market holds above this zone, then the advance wave could expand toward...
by Rami Abu-Draa | Dec 16, 2025 | Tecchnical Analysis
Oil met the target of 57.60-80 and managed to push for a further drop. As we see over the chart, prices remain below the downtrend resistance line of 59.00, which could keep up the pressure over the market as support at 54.80 could lead to a rebound. The market...
by Rami Abu-Draa | Dec 16, 2025 | Tecchnical Analysis
We still holding our previous outlook for the Gold Market managed to hit another drop correction movement where we still inside this trading zone between support 4255-65 and resistance 4350-65 Below 4255 more drop may hit the market with supports at 4205 and 4160-70...
by Rami Abu-Draa | Dec 16, 2025 | Tecchnical Analysis
USDJPY met the target of 154.90 and managed to hit a few pips below it. As we see over the chart, as long as the market remains above 154.45, another rebound toward 156.15 and higher could hit the market. Below 154.45 more of a drop toward 153.20 and maybe lower is...
by Rami Abu-Draa | Dec 16, 2025 | Tecchnical Analysis
GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600. Below 1.3280 more of a drop...
