Technical Analysis

DOLLAR INDEX 29-11-2023 Prices resumed their down-trend in yesterday's trading session, as they broke below a minor support level at 102.80. This now put prices to face  a second support zone around 101.50. However, if the index…
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EURUSD 29-11-2023 The prices are currently trending in an up-trend on the short term, and they have successfully broken through the resistance level at 1.0940,This now put prices to face  a new resistance level at 1.1040 .…
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GBPUSD 29-11-2023 The prices have been trending upward in the short term, with the target zone of 1.2700 which have been  successfully reached. It is likely that this area will serve as a barrier to further upward momentum.…
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USDJPY 29-11-2023 The prices have successfully tested the support area 147,  it is expected that the prices will bounce back upwards. However, if the previously mentioned support area are broken downwards, we might witness a sharp…
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GOLD 29-11-2023 Prices surged through the resistance zone of 2025 in yesterday's trading session and managed to reach the area of 2050. It is likely that this zone will now act as a barrier, slowing down the upward momentum.…
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USOIL 29-11-2023 The price is currently trading within a tight range between two minor  levels of support and resistance at 73.75-76.8. If the prices break above 78.5-80, it will be the first sign of a short-term bullish trend reversal.…
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BTCUSD 29-11-2023 The prices are currently trending upwards on the medium-term, and have successfully broken through the previous important resistance level of 35,800. This breakthrough opens the path to further targets that may reach…
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DOWJONES 29-11-2023 The prices are trending in an up-trend in the short term, and if the resistance level at 35500 is breached, the prices will continue to rise. However, this scenario will be invalidated if the support level at 35000 is…
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NASDAQ 29-11-2023 The current prices are trading above a support zone in the range of 15800-15870. If the index manages to hold above this level, it could potentially target its previous historical peak at 16780. However, this scenario…
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DOLLAR INDEX 23-11-2023 The prices have rebounded from minor support levels in the range of 103.20/102.80, indicating a potential slowdown in the down- trend . As a result, we may target the 104/104.70 range. However, if prices breaks…
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