by David Kindley | Jan 16, 2026 | Tecchnical Analysis
USDCHF hits higher high The US dollar hit another peak, with price action poised to test the recent high. The pair continues to drive higher, with a series of swing highs suggesting persistent buying pressure. A decisive break past 0.8000 would be the current support...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
The Dow managed to met the target zone at 49500-600. As we see from the previous chart, prices face an uptrend resistance channel around the 49800-50000 zone which led to a correction towards 48760. As long as the market holds above 48760 the advance wave could...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
The market managed to test again the resistance of 4635. However, the Intraday chart shows the chance for a trading zone, if prices hold below 4635 with supports at 4560 and 4500. Each support has the chance to push the advance higher. Above 4635-42 the market could...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
Oil closed at target and resistance of 62.60 yesterday before dropping rapidly after President Donald Trump signalled that he might hold off on attacking Iran for now. As we see over the chart, prices still face support at 58.80, where if the market holds above it,...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
The pair managed to test the support of 1.3400 which is still holding so far. As long as the market holds above 1.3400, the scenario for another advance toward 1.3610-40 zone remains. Below 1.3400 more of a drop will be expected with support at 1.3285-95. SUPPORT...
by Rami Abu-Draa | Jan 15, 2026 | Tecchnical Analysis
EURUSD broke a Rising Wedge formation which could create some pressure towards 1.1490. As we see from the previous chart, prices still face a support zone at 1.1600 which could lead to another advance higher. Below 1.1600 more of a drop toward 1.1490 will be expected....