Forex Trading Library

Dow Jones –05.05.2026

By Rami Abu-Draa On May 5, 2026

As we see over the chart, the Dow is facing Intraday a resistance level around 49920 which could create a trading zone toward the support of 48100-500.
Above 49920 more advance toward 50500 will be expected.

	SUPPORT	RESISTANCE
LEVEL1	48100-500	49920
LEVEL2	47600	50500
LEVEL3	47300	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.

USD/JPY – 05.05.2026

Crude Oil – 05.05.2026