Technical Analysis

GBPUSD 20-12-2023. Prices are trading around the 1.2700 zone, and it is likely to break this zone down and test the support zone at 1.2615. However, if it holds above 1.2700, prices may bounce back to test the important resistance zone…
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EURUSD 20-12-2023. Prices are facing a crucial resistance zone within the range of 1.1000. They are trading sideways in the short term, and it is likely that prices will test the minor support zone within the range of 1.0900. If this…
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DOLLAR INDEX 20-12-2023. It was expected that prices would retest the support zone within the range of 101.50, as the index is trading in a down-trend in the  short-term  below a significant resistance zone within the range of 102.3. In…
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NASDAQ 19-12-2023. The index tested its previous historical peak within the range of 16780, and it is likely that this area  limit the upward momentum. If the index successfully breaks above this peak, prices are expected to resume the…
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USDJPY 19-12-2023. Prices are trading in a short-term downtrend, where they bounced from the crucial support zone at 141.50. It is likely that we will see a test of resistance zones within the range of 147.00. However, in the event of…
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GBPUSD 19-12-2023. prices tested the support zone within the range of 1.2600, and in the event of a break below it, we may target the zone of 1.2500. This scenario is invalidated if there is a renewed breakthrough of the resistance zone…
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NASDAQ 18-12-2023. Current prices are trading above a crucial support zone within the range of 15800-15870. With this, the index may target its previous historical peak at 16780, which is likely to limit the upward momentum. However, if…
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DOWJONES 18-12-2023. The Dow Jones index has surpassed its all-time high within the range of 36,950 and resumed its upward trajectory until reaching the upper limit of the ascending price channel. It is likely that we will witness a…
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BTCUSD 18-12-2023. 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 18-12-2023. Prices rose from a crucial support zone within the range of $68 to reach the targets of $72.5. It is expected that this area will limit the upward momentum. However, in the event of breaking the previously mentioned…
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