by David Kindley | Jan 8, 2026 | Tecchnical Analysis
(GER 40 ) The Dax grinds higher (GER 40 ) The Dax continued its upward trajectory following a broad stock market rally. The index is grinding its way higher as the latest bullish push has attracted several buyers. The daily RSI’s overbought condition could signal a...
by David Kindley | Jan 7, 2026 | Tecchnical Analysis
Indices set new records today, extending their bull runs as traders look towards the first earnings season of the year. With the Dow cracking 49,000 for the first time, is this just the beginning as we kick off 2026? Timestamps DOW 00:25 SPX500 01:35 Test your...
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...
by Rami Abu-Draa | Jan 7, 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...
