by Rami Abu-Draa | Jan 12, 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...
by Rami Abu-Draa | Jan 12, 2026 | Tecchnical Analysis
Gold managed to meet targets 4575 and 4600. As we see over the chart, Gold if facing a resistance trend which could lead to a correction. A break above 4600 could set a new uptrend wave toward 4800 and above. SUPPORT RESISTANCE LEVEL1 4560 4600 LEVEL2 4500 4700...
by Rami Abu-Draa | Jan 12, 2026 | Tecchnical Analysis
Crude Oil printed above the resistance at 59.40 which could lead to another advance. As we see over the chart, the market is facing the first support at 58.80 as the second support at 57.50 will target towards 62.60. Below 57.50 more of a drop toward 55.60 will be...
by Rami Abu-Draa | Jan 12, 2026 | Tecchnical Analysis
USDJPY hit targets 157.30 and 157.75. As we see over the chart, prices have the chance for more advance toward 158.95 and 159.85, if the market holds above the support of 157.30. Below 157.30 more of a drop could hit the market with support at 156.10. SUPPORT...
by Rami Abu-Draa | Jan 12, 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...
