Technical Analysis

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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GOLD 1-2-2024. Prices rose to the resistance zone in the range of $2065 - $2055, and it is likely that selling pressure may appear in these areas. In this scenario, we might retest the support zone around $2020. This scenario is negated…
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EURUSD 1-2-2024. EUR/USD pair is trading below the resistance zone of 1.0900, indicating a potential continuation of the downward trend. In this scenario, the next target could be around 1.0750. However, if the pair breaks above 1.0900…
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NASDAQ 31-1-2024. Prices are trading above the support area of $17,350. If the prices maintain this level, we may continue the upward trend. However, if $17,300 is broken again to the downside, the scenario of retesting the support area…
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