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Technical Analysis

Daily Technical Report 7-3-2024

DOLLAR INDEX  Prices are trading within the range of $103.20, below the resistance zone at $104, where they have struggled to break through during the recent period. With the break of the secondary support zone at $103.20 to the…
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Daily Technical Report 6-3-2024

DOLLAR INDEX  The prices are trading in a narrow range between the resistance zone at 104.15 and the support at 103.4. It is likely that the sideways trend will continue in the short term. Support 103.50 103.15 102.75…
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Daily Technical Report 5-3-2024

GOLD Pices rose rapidly in previous trading sessions, breaking through crucial resistance zones in the range of $2085 to the upside. In this scenario, it is likely to target the main peak in the range of $2140. This scenario is…
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Daily Technical Report 4-3-2024

DOLLAR INDEX The prices are trading in a narrow range between the resistance zone at 104.15 and the support at 103.4. It is likely that the sideways trend will continue in the short term. Support 103.50 103.15 102.75…
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Daily Technical Report 28-2-2024

DOLLAR INDEX Prices are trading below the resistance levels in the range of 103.85. In this case, we may retest the support zone around 102.75. This scenario would be invalidated with a breakout above the resistance level of 104.40.…
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Daily Technical Report 27-2-2024

DOLLAR INDEX Prices are trading below the resistance levels at $103.85, and in this scenario, we may retest the support zone around $102.75. This scenario would be invalidated if there is a re-break above the previously mentioned…
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Daily Technical Report 26-2-2024

DOLLAR INDEX Prices are trading around the levels of 103.85, 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…
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Daily Technical Report 22-2-2024

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…
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Daily Technical Report 21-2-2024

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…
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