Forex Trading Library

Dow Jones –19.02.2026

By Rami Abu-Draa On Feb 19, 2026

The Dow still holds inside the short-term uptrend channel.
As we see from the Intraday chart, prices are facing resistance around 49800, where as long as the market remains below it, the downtrend pressure could continue towards the target of 48300-600.
Above 49800 more advance will be expected with the channel resistance at 50900-51000.

	SUPPORT	RESISTANCE
LEVEL1	49070	49800-900
LEVEL2	48300-600	50520
LEVEL3	47600-700	50900-51000

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.

Gold – 19.02.2026

Oil Spikes Above $66 as Global Tensions Escalate!