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GOLD 6-12-2023

GOLD 6-12-2023. Gold broke its historical peak at $2081.80 and reached new price levels within the range of $2145. However, it faced intense selling pressure, which continued until yesterday's trading session where prices tested the…
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GBPUSD 6-12-2023

GBPUSD 6-12-2023. prices have dropped after targeting the 1.2700 area. It was expected that this area would limit the upward momentum, and now the prices are trading below a secondary support level at 1.2620. It is likely that the…
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EURUSD 6-12-2023

EURUSD 6-12-2023. prices have broken below the support zone of 1.0870-1.0830, indicating a potential target of 1.0670. However, this scenario will be invalidated if the prices break above 1.0870-1.0830 again. Support 1.0750…
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USOIL 5-12-2023

USOIL 5-12-2023. prices are currently trading near a significant support level in the range of 72.5. If prices break below this support level, we may see a continuation of the downward trend. On the other hand, if prices rebound higher,…
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GOLD 5-12-2023

GOLD 5-12-2023. prices are currently moving upward in the short term and have broken through the resistance zone of 2050, also surpassing the historical high of 2081.80, reaching new price levels within the range of 2145. However, there…
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EURUSD 5-12-2023

EURUSD 5-12-2023. prices are currently trading around a support zone between 1.0870-1.0830. It is expected that the prices will bounce back higher, although this scenario will be invalidated if the mentioned support zone is broken…
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DOLLAR INDEX 5-12-2023

DOLLAR INDEX 5-12-2023 prices are currently moving in a down-trend in the short term and has surpassed a crucial resistance level at 103.3. If it stays above this level, we may see a continuation of the corrective upward movement, with a…
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Asian Currencies Early Trading

Most Asian currencies stabilized after strong gains on Monday, while the dollar incurred recent losses amid growing conviction that the Federal Reserve has concluded its interest rate hikes and will begin reducing them in early 2024. The…
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Bitcoin Breaches 40000

The world's largest cryptocurrency reached $41,000 on Monday, its highest level since April 2022, indicating a departure from the previous state of chaos. Simultaneously, other high-risk investments and sensitive assets to intrest rates…
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DOLLAR INDEX 4-12-2023

DOLLAR INDEX 4-12-2023. The prices are currently trading in a down- trend on the short term,  the Index has tested a crucial resistance area at 103.3l,  If it manages to hold above this level, we might see a resumption of the upward…
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