by David Kindley | Dec 10, 2025 | Tecchnical Analysis
( US 30 ) dow breaks key resistance The ( US 30 ) dow reached another peak as the US economy is hopeful of a soft landing. By almost wiping out last month’s downturn, the index is looking for a full reversal to reclaim the top spot, helping buyers regain confidence...
by Rami Abu-Draa | Dec 9, 2025 | Tecchnical Analysis
Prices dropped to test the support zone of 4160-70 again. As we see over the chart and if prices remain above the support of 4160-70, the advance wave could expand towards the 4272-77 zone. Below 4160, more of a drop could hit the market with supports at 4130-35 and...
by Rami Abu-Draa | Dec 9, 2025 | Tecchnical Analysis
The Dow managed to met the target of 47550 last week and broke above it. As we see over the Intraday chart, prices face supports at 47370 and 47090 and if the market holds above one of those supports, the advance wave could continue towards 48000 and 48420. Prices...
by Rami Abu-Draa | Dec 9, 2025 | Tecchnical Analysis
Oil managed to pass above the first resistance of 59.00 as prices still face a downtrend resistance around 60.10. As we see over the chart and as long as the market holds below the above levels, another drop toward 57.60-80 could hit the market. Above 60.10-30 more...
by Rami Abu-Draa | Dec 9, 2025 | Tecchnical Analysis
The pair dropped towards 154.33 so far. As we see from the Intraday chart and if the market holds below 156.50-70, the drop movement could expand toward 153.60-80 or 151.50, where each support has the chance to push for a rebound. Above 156.70 the advance could...
by Rami Abu-Draa | Dec 9, 2025 | Tecchnical Analysis
The met the target and resistance of 1.3360-70 and managed to print a few pips above it. As we see over the Intraday chart, prices face the chance for some a correction towards 1.3250-60 before advancing back again. Above 1.3385 more advance will be expected towards...