by Rami Abu-Draa | Jan 8, 2026 | Tecchnical Analysis
The Dow managed to met the target at the 49500-600 zone. As we see over the previous chart, market facing the uptrend channel resistance line around 49800-50000 zone which may push for some drop correction toward 48760 As long as prices hold above 48760, the advance...
by Rami Abu-Draa | Jan 8, 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 8, 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...
by Rami Abu-Draa | Jan 8, 2026 | Tecchnical Analysis
USDJPY still holds trades a trading channel. As we see over the chart and as long as the market holds above 156.10, another advance toward 157.30 and 157.75 will be expected. Below 156.10, the risk for a further drop towards 155.25 and 154.45 is likely. SUPPORT...
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...
