Technical Analysis

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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USDJPY 5-2-2024. prices are trading in a sideways range between the support zone at 146.5 and the resistance at 148.8. If there is a breakout above the resistance towards 150.0, this scenario may be invalidated by a breakdown below the…
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GBPUSD 5-2-2024. The prices are trading in a sideways range between the support zone at 1.2615 and the resistance at 1.2800. In the event of breaking the crucial support at 1.2615 downward, we may target 1.2530.…
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EURUSD 5-2-2024. The EUR/USD pair is trading near the target of 1.0750, and it is likely that these levels will limit the pace of the descent. Support 1.0780 1.0750 - Resistance 1.0900 1.0950 -
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DOLLAR INDEX 5-2-2024. The prices are still trading above the important support area of $102.30 . It is likely that the index will continue to rise and target the area around $104.40. This scenario is invalidated if the support at…
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NASDAQ 1-2-2024. Prices are trading below the resistance zone of $17,370. In case of breaking above this level, we may resume the upward trend. This scenario is invalidated if the support at $17,100 is broken downward. In that case, we…
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DOWJONES 1-2-2024. Prices are trading in an upward direction, below the resistance zone of $38,350. In case of breaking above this level, we may resume the upward trend. However, if the support zone at $38,140 is broken downward, we…
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