Forex Trading Library

Dow Jones–16.12.2025

By Rami Abu-Draa On Dec 16, 2025

The Dow managed to hit the targets of 48000 and 48420 and added more advance.
As we see from the previous chart, prices face a support zone around 48000-300 which was tested last Friday.
If the market holds above this zone, then the advance wave could expand toward 49400-500.
Below 48000 more of a drop will be expected with support at 47500-600.

	SUPPORT	RESISTANCE
LEVEL1	48000-300	48850
LEVEL2	47500-600	49400-500
LEVEL3	47090	49900

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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