by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
Oil closed at target and resistance of 62.60 yesterday before dropping rapidly after President Donald Trump signalled that he might hold off on attacking Iran for now. As we see over the chart, prices still face support at 58.80, where if the market holds above it,...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
The pair managed to test the support of 1.3400 which is still holding so far. As long as the market holds above 1.3400, the scenario for another advance toward 1.3610-40 zone remains. Below 1.3400 more of a drop will be expected with support at 1.3285-95. SUPPORT...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
EURUSD broke a Rising Wedge formation which could create some pressure towards 1.1490. As we see from the previous chart, prices still face a support zone at 1.1600 which could lead to another advance higher. Below 1.1600 more of a drop toward 1.1490 will be expected....
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
USDJPY hit 158.95 and closed from the target at 159.85. As we see over the chart, the short-term outlook is towards the resistance zone of 160.20 – 161.95 as a potential risk to push the market for a correction towards 157.50 or 154.30. However, the Intraday chart...
by Rami Abu-Draa | Jan 14, 2026 | Tecchnical Analysis
The Dow managed to met the target zone at 49500-600. As we see from the previous chart, prices face an uptrend resistance channel around the 49800-50000 zone which led to a correction towards 48760. As long as the market holds above 48760 the advance wave could...