Technical Analysis

GOLD 28-12-2023. The prices are trading around the crucial resistance zone at 2085, and if this area is breached and holds, we may resume the upward trend in prices. This scenario would be invalidated with a break below the important…
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GBPUSD 28-12-2023. The prices are trading around the important resistance zone in the range of 1.2800, and a downward movement is likely to test the support area of 1.2650. In the event of breaking the previously mentioned resistance and…
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EURUSD 28-12-2023. The prices are trading around the resistance zone in the range of 1.1100, and it is likely that this area will limit the upward movement. In the event of a breakthrough above these levels, we may resume the upward…
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DOLLAR INDEX 28-12-2023. The prices are trading below the resistance zone in the range of 101.50, as the index is moving in a short-term downward trend. With this, we may test the area around 99.50, and this scenario is ruled out with a…
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NASDAQ 27-12-2023. The Nasdaq index has breached its previous all-time high, indicating that prices are expected to continue on an upward trend. However, if it breaks below the minor support level of 16635, we may retest the main support…
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NASDAQ 26-12-2023. The index is trading around its previous historical peak within the range of 16800. If the index successfully consolidates above this peak, prices are expected to resume the upward trend. However, if the minor support…
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DOWJONES 26-12-2023. The Dow Jones index bounced from near the lower boundary of the ascending channel, trading above its historical peak in the range of 36950. It is likely that prices will rise again to target the upper limit of the…
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BTCUSD 26-12-2023. Prices are currently trending in an up-trend on  the medium term, while in the short term, they are moving within a narrow range between the support and resistance levels of 40,000/44,500. It is likely that the upward…
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USOIL 26-12-2023. Prices rose from a crucial support zone within the range of $68 until it reached the  important resistance zone within the range of $72.5 and breached it . With this, we may target the zone of $78.5. This scenario is…
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GOLD 26-12-2023. The prices are trading below the resistance zone of 2070. In the event of breaking through that area and maintaining above it, we may target 2085. This scenario is ruled out if crucial support zones in the range of 2043…
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