by Rami Abu-Draa | Jan 7, 2026 | Tecchnical Analysis
GBPUSD passed above the 1.3465 resistance which could lead to a further advance towards the 1.3610-40 zone. As we see from the chart, prices face intraday support at 1.3490, where if the market holds above it, the advance toward 1.3610-40 will be expected which in...
by Rami Abu-Draa | Jan 7, 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 David Kindley | Jan 7, 2026 | Tecchnical Analysis
( US 30) The Dow breaks 49000 ( US 30) The Dow pushed higher as prices hit another record peak. The index is on its way towards 49500, starting the new year on the front foot. Some stiff resistance could be expected around 49200 due to profit-taking, with 48800 as the...
by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
We still holding the same outlook for the Dow as the market is still holding above the 47600-700 support. As we see over the chart, the advance is still ongoing after last Friday’s drop toward 47817, as the market is still looking towards the 49500-600 zone....
by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
Gold met the target of 4425-30 and managed to break above it. As we see over the chart, the market is closing towards the second target of 4467, which could lead to a correction with support at 4425-30. As long as the market holds above the 4425-30 support, the...
by Rami Abu-Draa | Jan 6, 2026 | Tecchnical Analysis
Oil managed to expand the rebound correction above the 57.05 resistance, towards 58.80 two weeks ago. As we see over the previous chart, the market is a facing resistance zone around 59.00-40, which could keep the market inside this trading zone towards the 54.80...
