by Rami Abu-Draa | Jan 8, 2026 | Tecchnical Analysis
GBPUSD fell below the first support of 1.3490 which created some pressure over market as the second support is still at 1.3400. As long as the market holds above 1.3400, the scenario for another advance towards the 1.3610-40 zone remains. Below 1.3400 more of a drop...
by Rami Abu-Draa | Jan 8, 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...
by Rami Abu-Draa | Jan 7, 2026 | Tecchnical Analysis
The Dow managed to met the target of 49500-600 yesterday. As we see over the chart, prices face the uptrend channel resistance line around 49800-50000, which could push for a drop correction toward 48760. The market faces supports at 49200 and 48760. As long as...
by Rami Abu-Draa | Jan 7, 2026 | Tecchnical Analysis
Gold managed to met targets 4467, 4488 and still looks toward 4520. As we see over the chart, prices face supports at 4428-43 and 4388-98, where as long as the market holds above it, the advance could sustain towards 4520, 4550 and 4575. Below 4388 more of a drop...
by Rami Abu-Draa | Jan 7, 2026 | Tecchnical Analysis
Oil managed to hold below the downtrend line early today to drop and close towards the support of 54.80. As we see over the previous chart, if prices hold above 54.80, a chance for a rebound toward 57.05 and 58.00 could hit the market. Below 54.80 more of a drop...
