Technical Analysis Archives - LDN Global Markets https://blog.ldnglobalmarkets.com/category/technical-analysis-2 Thu, 22 Feb 2024 11:36:08 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://blog.ldnglobalmarkets.com/wp-content/uploads/2023/08/cropped-logo-32x32.jpg Technical Analysis Archives - LDN Global Markets https://blog.ldnglobalmarkets.com/category/technical-analysis-2 32 32 Daily Technical Report 22-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-22-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-22-2-2024-2#respond Thu, 22 Feb 2024 11:34:47 +0000 https://blog.ldnglobalmarkets.com/?p=28442 ENGLISH 22-2

DOLLAR INDEX Prices are trading around the levels of 103.75, and in case of a close below that area, we may retest the support zone at 102.75. However, if the prices rebound, we might target the area of 105.70/106. Support 103.70 103.40 102.75 Resistance 104.8 105.25 105.70 NASDAQ The prices are moving within a descending […]

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ENGLISH 22-2

DOLLAR INDEX

Daily Technical Report

Prices are trading around the levels of 103.75, and in case of a close below that area, we may retest the support zone at 102.75. However, if the prices rebound, we might target the area of 105.70/106.

Support

103.70 103.40 102.75
Resistance 104.8 105.25

105.70

NASDAQ

Daily Technical Report

The prices are moving within a descending channel, where its upper boundary aligns with a secondary resistance zone in the range of $17,850-$17,950. It is likely that we will face selling pressure in those areas. However, if the aforementioned resistance is breached to the upside, we may resume the upward trend in the medium term.

Support

17650 17450 17370
Resistance 17850 17950

1800

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Daily Technical Report 21-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-21-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-21-2-2024-2#respond Wed, 21 Feb 2024 13:24:08 +0000 https://blog.ldnglobalmarkets.com/?p=28423 ENGLISH 21-2

DOLLAR INDEX The prices are trading at the lower  boundary  of an ascending channel around the levels of 103.75-103.90. It is likely to resume the upward trend, targeting the area of 105.70/106. This scenario is invalidated if the previously mentioned support zones are broken to the downside. Support 103.9 103.70 103.4 Resistance 104.8 105.25 105.70 EURUSD  […]

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ENGLISH 21-2

DOLLAR INDEX

Daily Technical Report 21-2-2024

The prices are trading at the lower  boundary  of an ascending channel around the levels of 103.75-103.90. It is likely to resume the upward trend, targeting the area of 105.70/106. This scenario is invalidated if the previously mentioned support zones are broken to the downside.

Support

103.9 103.70 103.4
Resistance 104.8 105.25

105.70

EURUSD 

Daily Technical Report 21-2-2024

The EUR/USD pair has broken through a significant resistance area, and the corrective movement to the upside is likely to resume, targeting the area of 1.0900. This scenario is invalidated if the price falls back below the support zone at 1.0785.

Support

1.0800 1.0785 1.0750
Resistance 1.0835 1.0900

1.0935

NASDAQ 

Daily Technical Report 21-2-2024

The prices have broken below the support zone at $17,650, and in this scenario, we may test the second support area at $17,100. This scenario would be invalidated with a renewed breakout above $17,650.

Support

17650 17450 17370
Resistance 18000 18200

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Daily Technical Report 19-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-19-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-19-2-2024-2#respond Mon, 19 Feb 2024 11:41:42 +0000 https://blog.ldnglobalmarkets.com/?p=28380 ENGLISH 19-2

DOLLAR INDEX Prices are trading around the $104.40 levels, which have become a significant area. It is likely that the upward trend will resume, targeting the $105.70/$106 area. This scenario would be invalidated if prices break below the support zone at $104 once again. Support 104 103.80 103.4 Resistance 104.8 105.25 105.70 EURUSD  The EUR/USD […]

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ENGLISH 19-2

DOLLAR INDEX

Daily Technical Report 19-2-2024

Prices are trading around the $104.40 levels, which have become a significant area. It is likely that the upward trend will resume, targeting the $105.70/$106 area. This scenario would be invalidated if prices break below the support zone at $104 once again.

Support

104 103.80 103.4
Resistance 104.8 105.25

105.70

EURUSD 

Daily Technical Report 19-2-2024

The EUR/USD pair is trading in a bearish trend, and it is likely to continue in this direction, targeting the area around 1.0665. This scenario would be invalidated with a breakout above the 1.0785 level.

Support

1.0730 1.0695 1.0670
Resistance 1.0785 1.0800

1.0900

GBPUSD

Daily Technical Report 19-2-2024

Prices are trading below the resistance zone within the range of 1.2630. In the event of a break above this level, we may target the area around 1.2800. However, it is likely that the prices will continue to exhibit a sideways performance.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

USDJPY

Daily Technical Report 19-2-2024

Prices are trading above important support levels within the range of 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume. This scenario is negated if the support zone mentioned earlier is broken to the downside

Support

149.80 149.5 148.5
Resistance 150.8 151

151.50

GOLD

Daily Technical Report 19-2-2024

Prices have broken through the resistance zones in the range of $2015. With this, prices may move higher and face a minor resistance zone ranging from $2030 to $2045. It is likely that within this range, selling pressure may emerge, limiting the upward movement.

Support

2015 1995 1975
Resistance 2030 2045

2060

USOIL 

Daily Technical Report 19-2-2024

The prices are trading below a significant resistance zone in the range of $78.5, which is expected to limit the pace of the upward movement. However, if the resistance zone mentioned earlier is breached to the upside, the short-term direction may change to an upward trend.

Support

76.7 75.5 74.5
Resistance 78.3 78.8

BTCUSD

Daily Technical Report 19-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $52,000. With the stability above the support levels at $51650, it is likely that the upward trend will continue.

Support

51650 50000 48000
Resistance 52500 53500

55000

DOWJONES

Daily Technical Report 19-2-2024

Prices declined as expected from the $38,800 region, indicating a continuation of the sideways trend for prices, it is expected  to retest  the support zones at $38,550 and then $38,140. This scenario would be invalidated if there is a breakthrough above $38,800.

Support

38550 38150 38000
Resistance 38800 39000

NASDAQ

Daily Technical Report 19-2-2024

Prices are trading in an upward direction above the support area of $17,650. With the stability above this level, prices resuming the upward trend. This scenario would be invalidated with a break below the previously mentioned support area, in which case we might test the support zone at $17,100 again.

Support

17650 17450 17370
Resistance 18000 18200

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Daily Technical Report 15-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-15-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-15-2-2024#respond Thu, 15 Feb 2024 11:52:03 +0000 https://blog.ldnglobalmarkets.com/?p=28314 ENGLISH 15-2

DOLLAR INDEX Prices are trading above the levels of 104.40, which have become a significant support area for the prices. It is likely that the upward trend will resume, targeting the area around 106. This scenario would be invalidated with a re-break below the previously mentioned support level. Support 104.4 103.80 103.4 Resistance 105.25 105.6 […]

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ENGLISH 15-2

DOLLAR INDEX

Daily Technical Report 15-2-2024

Prices are trading above the levels of 104.40, which have become a significant support area for the prices. It is likely that the upward trend will resume, targeting the area around 106. This scenario would be invalidated with a re-break below the previously mentioned support level.

Support

104.4 103.80 103.4
Resistance 105.25 105.6

105.8

EURUSD

Daily Technical Report 15-2-2024

The EUR/USD pair is trading below the resistance zone of 1.0750 to the downside. It is likely that the downtrend will resume, targeting the area around 1.0665. This scenario would be invalidated with a re-break above the previously mentioned resistance zone.

Support

1.0695 1.0670 1.0640
Resistance 1.0730 1.0750

1.0800

GBPUSD

Daily Technical Report 15-2-2024

The prices declined from the resistance zone around 1.2630, suggesting a potential target around 1.2530. If this level is broken to the downside, the pace and speed of the decline in prices may intensify.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

USDJPY

Daily Technical Report 15-2-2024

Prices are trading above crucial support levels in the range of 149.5. With stability above these levels, it is expected that the upward movement will resume. However, early signs of selling pressure may be felt if the upward trendline is broken to the downside.

Support

149.80 149.5 148.5
Resistance 150.8 151

151.50

GOLD

Daily Technical Report 15-2-2024

The prices fell below the important support zone of $2020, and it is expected that the prices will resume the downward movement, targeting the areas around $1975.

Support

1985 1975 1970
Resistance 2000 2015

2020

USOIL

Daily Technical Report 15-2-2024

Prices rose until they reached the target of $78.5, but selling pressure emerged in those areas, leading to a decline in prices. Currently, prices are trading above secondary support in the range of $75.5. In the event of a break below this level, we may target the area around $74.

Support

75.5 74.5 73.5
Resistance 77.25 78.3

78.5

BTCUSD

Daily Technical Report 15-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $52,000. With the stability above the support levels at $50,000, it is likely that the upward trend will continue.

Support

50000 48000 47000
Resistance 52500 53500

55000

DOWJONES

Daily Technical Report 15-2-2024

The support zone at $38,140 has been tested, and it was expected that prices would rise again to retest the $38,550 area. In the event of a breakthrough to the upside, we may target $38,800.

Support

38150 38000 37750
Resistance 38500 38800

39000

NASDAQ

Daily Technical Report 15-2-2024

Prices are trading in an upward direction above the support area of $17,650. With the stability above this level, prices resuming the upward trend. This scenario would be invalidated with a break below the previously mentioned support area, in which case we might test the support zone at $17,100 again.

Support

17650 17450 17370
Resistance 18000 18200

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Daily Technical Report 14-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-14-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-14-2-2024-2#respond Wed, 14 Feb 2024 10:06:20 +0000 https://blog.ldnglobalmarkets.com/?p=28254 ENGLISH 14-2

DOLLAR INDEX The prices have broken through the levels of $104.40, where it is likely to resume the upward trend, targeting the area around $106. Support 104.4 103.80 103.4 Resistance 105.25 105.6 105.8 EURUSD  The EUR/USD pair has broken below the support zone of 1.0750, indicating a likelihood of resuming the downward trend, with a […]

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ENGLISH 14-2

DOLLAR INDEX

Daily Technical Report 14-2-2024

The prices have broken through the levels of $104.40, where it is likely to resume the upward trend, targeting the area around $106.

Support

104.4 103.80 103.4
Resistance 105.25 105.6

105.8

EURUSD 

Daily Technical Report 14-2-2024

The EUR/USD pair has broken below the support zone of 1.0750, indicating a likelihood of resuming the downward trend, with a potential target around 1.0665.

Support

1.0670 1.0640
Resistance 1.0730 1.0750

1.0800

GBPUSD

Daily Technical Report 14-2-2024

The prices declined from the resistance zone around 1.2630, suggesting a potential target around 1.2530. If this level is broken to the downside, the pace and speed of the decline in prices may intensify.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

USDJPY 

Daily Technical Report 14-2-2024

The prices broke through significant resistance levels around 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume.

Support

149.80 149.5 148.5
Resistance 150.8 151

151.50

GOLD 

Daily Technical Report 14-2-2024

The prices fell below the important support zone of $2020, and it is expected that the prices will resume the downward movement, targeting the areas around $1975.

Support

1985 1975 1970
Resistance 2000 2015

2020

USOIL 

Daily Technical Report 14-2-2024

Prices are trading above  the minor support zone in the range of $77.30, and it is likely to target the area of $78.50. This scenario is ruled out in case of breaking the support zone at $75.50.

Support

76.5 75.5 74.5
Resistance 78.3 78.5

79

BTCUSD

Daily Technical Report 14-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $50,000. With the stability above the support levels at $48,000, it is likely that the upward trend will continue.

Support

49100 48000 47000
Resistance 50800 52000

DOWJONES

Daily Technical Report 14-2-2024

The prices broke below the important support zone of $38550 and tested the area around $38140. It is expected that the prices will rise again and retest the zone of $38550.

Support

38150 38000 37750
Resistance 38500 38800

39000

NASDAQ 

Daily Technical Report 14-2-2024

The prices are trading in an upward trend around the support zone of 17650. If they maintain above this level, we may resume the upward trajectory. This scenario would be invalidated with a break below the previously mentioned support zone, in which case we might test the support area around 17100 again.

Support

17650 17450 17370
Resistance 17800 18000

18200

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Daily Technical Report 13-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-13-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-13-2-2024-2#respond Tue, 13 Feb 2024 11:09:21 +0000 https://blog.ldnglobalmarkets.com/?p=28234 ENGLISH 13-2

USOIL  Prices are trading around the minor resistance zone in the range of $77.30, and it is likely to target the area of $78.50. This scenario is ruled out in case of breaking the support zone at $75.50. Support 76.5 75.5 74.5 Resistance 77.3 78.5 – BTCUSD Bitcoin is moving in an up-trend in the […]

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ENGLISH 13-2

USOIL 

Daily Technical Report 13-2-2024

Prices are trading around the minor resistance zone in the range of $77.30, and it is likely to target the area of $78.50. This scenario is ruled out in case of breaking the support zone at $75.50.

Support

76.5 75.5 74.5
Resistance 77.3 78.5

BTCUSD

Daily Technical Report 13-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $50,000. With the stability above the support levels at $48,000, it is likely that the upward trend will continue.

Support

49100 48000 47000
Resistance 50800 52000

DOWJONES

Daily Technical Report 13-2-2024

Prices are trading in an upward direction, above the support zone of $38,550. If they maintain stability above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $38,140.

Support

38640 38550 38350
Resistance 39000 39280

NASDAQ 

Daily Technical Report 13-2-2024

Prices are trading in an upward direction, above the support zone of $17,650. If they remain stable above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $17,100.

Support

17650 17450 17370
Resistance 18000 18200

18500

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Daily Technical Report 12-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-12-2-2024-2 https://blog.ldnglobalmarkets.com/daily-technical-report-12-2-2024-2#respond Mon, 12 Feb 2024 10:18:39 +0000 https://blog.ldnglobalmarkets.com/?p=28180 ENGLISH 12-2

Dollar Index The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106. Support 103.8 102.80 102.45 Resistance 104.4 104.65 104.95 EURUSD  The EUR/USD pair is trading above the […]

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ENGLISH 12-2

Dollar Index

Daily Technical Report 12-2-2024

The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106.

Support

103.8 102.80 102.45
Resistance 104.4 104.65

104.95

EURUSD 

Daily Technical Report 12-2-2024

The EUR/USD pair is trading above the support zone at 1.0750, where it was expected to curb the downward momentum. Prices have started to show initial signs of buying interest with a break above 1.0780. This outlook would be invalidated if the 1.0750 zone is breached to the downside.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

GBPUSD 

Daily Technical Report 12-2-2024

Prices bounced back from the support zone at 1.2530, where it was expected to limit the downward momentum. The prices now face resistance in the range of 1.2630, and in the case of breaking above it, we may target 1.2800.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

USDJPY 

Daily Technical Report 12-2-2024

Prices are trading near a resistance zone within the range of 149.5, and it is expected that this area will limit the upward momentum. In the event of a breakthrough above the previously mentioned resistance zone, we may target 151.00.

Support

148.80 147.5 146.3
Resistance 149.5 150

GOLD 

Daily Technical Report 12-2-2024

Prices are trading above the support zone of $2020, where it is expected that gold will trade within a narrow sideways range between the previously mentioned support zone and the minor resistance zone within the range of $2040. In the event of a breakthrough above it, we may target $2060.

Support

2015 2010
Resistance 2040 2050

2060

USOIL

Daily Technical Report 12-2-2024

The prices are trading around the minor resistance zone within the range of $76.5, and it is noticeable that selling pressure is emerging in this area, limiting the upward movement. However, in the event of a breakthrough above this zone, we may target $78.5.

Support

74.5 74 72.5
Resistance 76.5 77.3

78.5

BTCUSD 

Daily Technical Report 12-2-2024

Bitcoin rose to reach the target of $48,000, and there is an expected appearance of selling pressure in this area. However, if prices hold above these levels, we may resume the upward trajectory.

Support

48000 47000 45000
Resistance 49100 50800

52000

DowJones

Daily Technical Report 12-2-2024

Prices are trading in an upward direction, above the support zone of $38,550. If they maintain stability above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $38,140.

Support

38550 38350 38140
Resistance 38800 39000

Nasdaq

Daily Technical Report 12-2-2024

Prices are trading in an upward direction, above the support zone of $17,650. If they remain stable above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $17,100.

Support

17650 17450 17370
Resistance 18000 18200

18500

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Daily Technical Report 8-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-8-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-8-2-2024#respond Thu, 08 Feb 2024 11:19:20 +0000 https://blog.ldnglobalmarkets.com/?p=28145 ENGLISH 8-2

BTCUSD Prices have broken above the resistance zone of $43,500, and it is likely that the upward movement will continue, targeting the area of $48,000. This scenario is invalidated if the prices retrace and break below $43,500 again. Support 42300 41800 40000 Resistance 44750 45200 48000 DOWJONES Prices are trading in an upward direction, above […]

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ENGLISH 8-2

BTCUSD

Daily Technical Report 7-2-2024

Prices have broken above the resistance zone of $43,500, and it is likely that the upward movement will continue, targeting the area of $48,000. This scenario is invalidated if the prices retrace and break below $43,500 again.

Support

42300 41800 40000
Resistance 44750 45200

48000

DOWJONES

Daily Technical Report 7-2-2024

Prices are trading in an upward direction, above the support zone of $38,550. If they maintain stability above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $38,140.

Support

38550 38350 38140
Resistance 38800 39000

NASDAQ

Daily Technical Report 7-2-2024

Prices are trading in an upward direction, above the support zone of $17,650. If they remain stable above this level, we may see a continuation of the upward trend. However, if the support zone mentioned earlier  is breached, we could revisit the area of $17,100.

Support

17650 17450 17370
Resistance 18000

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Daily Technical Report 7-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-7-2-2024 https://blog.ldnglobalmarkets.com/daily-technical-report-7-2-2024#respond Wed, 07 Feb 2024 11:51:40 +0000 https://blog.ldnglobalmarkets.com/?p=28129

DOLLAR INDEX The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106. Support 103.8 102.80 102.45 Resistance 104.4 104.65 104.95 GBPUSD  Prices bounced back from the support zone […]

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DOLLAR INDEX

Daily Technical Report 7-2-2024

The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106.

Support

103.8 102.80 102.45
Resistance 104.4 104.65

104.95

GBPUSD 

Daily Technical Report 7-2-2024

Prices bounced back from the support zone at 1.2530, where it was expected to limit the downward momentum. The prices now face resistance in the range of 1.2630, and in the case of breaking above it, we may target 1.2800.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

GOLD 

Daily Technical Report 7-2-2024

Prices rebounded from the support zone at $2020, where it was expected to limit the downward movement. The prices are now resuming their upward momentum and face secondary resistance in the area of $2040. In the case of a breakthrough, we may target $2060. This scenario would be invalidated in the event of a break below the support zone at $2020.

Support

2015 2010
Resistance 2040 2050

2060

USOIL 

Daily Technical Report 7-2-2024

Prices rebounded from near the minor support zone in the range of $72.5, where the emergence of buying power was anticipated, limiting the downward momentum. In the case of breaking above the resistance zone at $74, we may resume the upward movement. Conversely, if the support zone at $72.50 is broken again to the downside, we could target $70.50.

Support

72.5 70.5 70
Resistance 74 75

76.5

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DOWJONES 6-2-2024 https://blog.ldnglobalmarkets.com/dowjones-6-2-2024 https://blog.ldnglobalmarkets.com/dowjones-6-2-2024#respond Tue, 06 Feb 2024 09:59:41 +0000 https://blog.ldnglobalmarkets.com/?p=28095

DOWJONES 6-2-2024. prices are trading in an upward trend, below the resistance zone of $38,550. In case of breaking and staying above this level, we may resume the upward trend. However, if the support area at $38,140 is broken downwards, we might retest the zone around $37,800. Support 38550 38350 38140 Resistance 38800 39000 –

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DOWJONES 6-2-2024

DOWJONES 6-2-2024.

prices are trading in an upward trend, below the resistance zone of $38,550. In case of breaking and staying above this level, we may resume the upward trend. However, if the support area at $38,140 is broken downwards, we might retest the zone around $37,800.

Support

38550 38350 38140
Resistance 38800 39000

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