Technical Analysis

DOLLAR INDEX 29-1-2024. Prices continue to trade above the crucial support zone at 102.30. In this case, we may target 104.40. However, this scenario may be invalidated if the support zone at 102.30 is broken to the downside.…
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NASDAQ 24-1-2024. Prices broke above the resistance zone at 17100, and they are currently trading above the target of 17350. If prices hold above these levels, we may see a continuation of the upward trend. However, if the prices drop…
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DOWJONES 24-1-2024. prices  broke through the 37800 area to the upside. If they remain above these levels, we may resume the upward trend. However, if 37800 is broken again to the downside, we might retest the zone around 37500-37200.…
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BTCUSD 24-1-2024. Prices declined after reaching the target of 48000, breaking important support zones in the range of 44750. It is likely that these areas will act as resistance, prompting a resumption of the upward trend. The 40000…
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EURUSD 24-1-2024. EUR/USD pair is trading below the resistance zone of 1.0900. Prices have tested the support zone near 1.0810, and it is likely that the prices will decline again. This scenario would be invalidated if there is a renewed…
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USOIL 23-1-2024. Prices have broken out of the narrow range, with oil now trading above the $74 zone. In this case, we may target the $76 area. However, this scenario would be invalidated if the support zone at $74 is broken again to the…
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GOLD 23-1-2024. Prices are trading in a narrow range between 2015 and 2030. In the event of a break below the 2015 area, we may target the zone around $2000. Conversely, if there is an upward breakthrough above $2030, we might aim for…
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NASDAQ 22-1-2024. Prices have breached the resistance zone at 17100, currently trading above the target  17350. However, it is likely that this zone may limit the upward movement. Support 17100 16900 16700 Resistance…
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DOWJONES 22-1-2024. Prices bounced back from the support zone at 37200 and broke through the 37800 area to the upside. If they remain above these levels, we may resume the upward trend. However, if 37800 is broken again to the downside,…
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BTCUSD 22-1-2024. Prices declined after reaching the target of 48000, breaking important support areas in the range of 44750. It is likely that the previously mentioned zones will act as resistance, . The 40000 zone remains a crucial…
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