Technical Analysis

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…
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USOIL 6-2-2024. prices have broken below the support zone at $74 and are currently trading near a secondary support zone around $72.50. It is likely that buying power will emerge in this area, potentially limiting the downside momentum.…
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GOLD 6-2-2024. Prices tested the support area of $2020, and this region resisted the downward movement, with an expectation of a resumption of the upward trend. This scenario would be invalidated if the support area mentioned earlier is…
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GBPUSD 6-2-2024. Prices broke below the support zone at 1.2615 and reached the targets at 1.2530, where it is expected that this area will limit the downward momentum. Support 1.2530 1.2515 1.2500 Resistance 1.2630…
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DOLLAR INDEX 6-2-2024. Prices have reached the targets at 104.40, and it is likely that this zone will limit the upward momentum. Support 103.8 102.80 102.45 Resistance 104.4 104.65 104.95
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NASDAQ 5-2-2024. prices are trading in an upward trend, above the support area at 17100. If they continue to stay above this level, we may resume the upward trajectory. However, if the support at 17100 is broken, we could retest the area…
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DOWJONES 5-2-2024. prices are trading in an upward direction, above the support zone at $38,550. If they maintain stability above this level, we may see a continuation of the upward trend. However, if the support at $38,550 is broken,…
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BTCUSD 5-2-2024. prices reached the $43,500 region in recent trading sessions, and it was expected that selling pressure would appear in this area, limiting the corrective upward movement. In this scenario, there is a possibility of…
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USOIL 5-2-2024. prices have broken below the support zone at $74 and are currently trading near a secondary support zone around $72.50. It is likely that buying pressure will emerge in this area, potentially limiting the downside…
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GOLD 5-2-2024. prices declined from the resistance zone at $2065, and as a result, there might be a retest of the support area at $2020. This scenario would be invalidated with a breakout above the previously mentioned resistance zones.…
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