ISRAEL: Hamas Calls For Escalation In Fight Against IDF In West Bank Amid Raid
Al Arabiya posts on X: "Hamas calls upon Palestinians in the Israeli-occupied West Bank to escalate fighting against Israeli forces in response to a military offensive in the city of Jenin." The ongoing raid in Jenin has killed six and wounded 35 according to the Palestinian Authority. Times of Israel reported earlier a source claiming the IDF action is set to last 'several days'.
- A statement from PM Benjamin Netanyahu said: "Under the guidance of the Security Cabinet, the IDF, the Shin Bet, and the Israel Police today launched a broad and significant military operation to eradicate terrorism in Jenin—"Iron Wall." This is another step toward achieving the goal we set: strengthening security in Judea and Samaria. We are acting systematically and resolutely against the Iranian axis wherever it extends its reach—in Gaza, Lebanon, Syria, Yemen, and Judea and Samaria. And more is yet to come."
- Given the precarious nature of the ceasefire in Gaza, it remains to be seen whether Hamas' comments are viewed as a threat to the peace deal. By calling for Palestinians in the Fatah-controlled West Bank to fight the IDF, rather than Hamas in Gaza, it could be seen that the comments do not break the ceasefire deal. Earlier, a Hamas official confirmed that the group intends to release four female hostages on Saturday 25 Jan in exchange for a group of Palestinian prisoners.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
TRUDEAU SAYS `WE HAVE A LOT OF WORK TO DO'
- TRUDEAU SAYS `WE HAVE A LOT OF WORK TO DO'
- TRUDEAU WANTS GOVT TO PREPARE FOR NEW US ADMINISTRATION
- TRUDEAU DOESN'T ADDRESS QUESTIONS ABOUT HIS LEADERSHIP
USDCAD TECHS: A Pullback Would Be Considered Corrective
- RES 4: 1.4539 3.382 proj of the Oct 17 - Nov 1 - 6 price swing
- RES 3: 1.4537 2.0% 10-dma envelope
- RES 2: 1.4508 3.236 proj of the Oct 17 - Nov 1 - 6 price swing
- RES 1: 1.4467 High Dec 19
- PRICE: 1.4356 @ 16:56 GMT Dec 20
- SUP 1: 1.4301 Low Dec 18
- SUP 2: 1.4174/4014 20- and 50-day EMA values
- SUP 3: 1.3928 Low Nov 25 and a key support
- SUP 4: 1.3822 Low Nov 6
USDCAD bulls remain in the driver’s seat. While price faded into the Thursday close, the recent breach of 1.4178, the Nov 26 high, confirmed a resumption of the uptrend and this maintains the price sequence of higher highs and higher lows. The latest rally opens 1.4508 next, a Fibonacci projection level. Initial firm support to watch lies at 1.4174, the 20-day EMA. A pullback would be considered corrective.
AUDUSD TECHS: Bearish Trend Structure
- RES 4: 0.6550 High Nov 25
- RES 3: 0.6501 50-day EMA
- RES 2: 0.6429 High Dec 12
- RES 1: 0.6337/6396 Low Dec 11 / 20-day EMA
- PRICE: 0.6263 @ 16:55 GMT Dec 20
- SUP 1: 0.6199 Low Dec 19
- SUP 3: 0.6158 1.236 proj of the Sep 30 - Nov 6 - 7 price swing
- SUP 3: 0.6100 Round number support
- SUP 4: 0.6045 1.500 proj of the Sep 30 - Nov 6 - 7 price swing
The trend needle in AUDUSD continues to point south and this week’s fresh cycle lows and Wednesday’s sell-off, reinforce a bear theme. The move down maintains the price sequence of lower lows and lower highs. Note that moving average studies are in a bear-mode position too, highlighting a dominant downtrend. The break lower opens 0.6158 next, a Fibonacci projection. Initial firm resistance to watch is 0.6396, the 20-day EMA.
