Technical Analysis

GBPUSD 15-12-2023. The prices penetrated the resistance zone within the range of 1.2635, reaching up to 1.2800. With this, GBPUSD direction on the short term  have changed to an up- trend. This scenario is invalidated if the price breaks…
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EURUSD 15-12-2023. prices broke through the resistance zone within the range of 1.0900, reaching up to 1.1000. It is likely that this area will limit the upward momentum, leading to a retest of the 1.0900 zone. This scenario is…
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DOLLAR INDEX 15-12-2023. Dollar index resumed its downward trajectory after breaking the 102.3 area, reaching as low as 101.50. If prices bounce back above those levels, we will encounter 102.3 as a crucial resistance zone.…
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NASDAQ 14-12-2023. The current prices are trading above a key support area in the range of 15800-15870, indicating a potential target of the previous historical peak at 16780. It is likely that the pace of ascent may be hindered by this…
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DOWJONES 14-12-2023. 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 14-12-2023. 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 14-12-2023. prices have fallen from an important resistance zone within the range of $72.5 and reached the target level of $68. It is expected that the pace of decline will slow down as this area acts as a strong support.…
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GOLD 14-12-2023. The prices have successfully breached the resistance zone of 2005 and have now reached the second important resistance zone within the range of 2035. It is likely that this zone will limit the corrective movement and…
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USDJPY 14-12-2023. The prices are currently trending in a down-trend on the short term, testing the important support level of 141.50. It is likely that this area will limit the downward momentum. Support 141.50 139.5 138…
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GBPUSD 14-12-2023. The current prices are trading near a secondary resistance area around 1.2635, and it is likely that the downtrend will continue with a target of the support area at 1.2400. This scenario would be invalidated if the…
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