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Technical Analysis

USOIL 4-12-2023

USOIL 4-12-2023 The price witnessed a decline  near a key resistance $78.5 and $80 ,  If  prices managed to  break above, it will be the first sign of a short-term bullish trend reversal. However, if the prices break below the important…
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BTCUSD 4-12-2023

BTCUSD 4-12-2023. prices are currently trading in an up-trend direction on the medium-term and have successfully breached the important resistance level at 38,000. They have reached and surpassed the target of 40,000. However, in the…
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DOWJONES 4-12-2023

DOWJONES 4-12-2023. The prices are trending in an up-trend in the short term, and as 35500 is successfully breached upwards, our target could potentially be 36500   However, this scenario would no longer be valid if the support zone of…
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NASDAQ 4-12-2023

NASDAQ 4-12-2023. The current prices are trading above a support zone in the range of 15800-15870. If the index manages to hold above this level, it could potentially target its previous historical peak at 16780. However, this scenario…
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USOIL 30-11-2023

USOIL 30-11-2023 The price is currently trading near a key resistance $78.5 and $80 ,  If  prices managed to  break above, it will be the first sign of a short-term bullish trend reversal. However, if the prices break below the important…
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DOLLAR INDEX 29-11-2023

DOLLAR INDEX 29-11-2023 Prices resumed their down-trend in yesterday's trading session, as they broke below a minor support level at 102.80. This now put prices to face  a second support zone around 101.50. However, if the index…
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EURUSD 29-11-2023

EURUSD 29-11-2023 The prices are currently trending in an up-trend on the short term, and they have successfully broken through the resistance level at 1.0940,This now put prices to face  a new resistance level at 1.1040 .…
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GBPUSD 29-11-2023

GBPUSD 29-11-2023 The prices have been trending upward in the short term, with the target zone of 1.2700 which have been  successfully reached. It is likely that this area will serve as a barrier to further upward momentum.…
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USDJPY 29-11-2023

USDJPY 29-11-2023 The prices have successfully tested the support area 147,  it is expected that the prices will bounce back upwards. However, if the previously mentioned support area are broken downwards, we might witness a sharp…
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GOLD 29-11-2023

GOLD 29-11-2023 Prices surged through the resistance zone of 2025 in yesterday's trading session and managed to reach the area of 2050. It is likely that this zone will now act as a barrier, slowing down the upward momentum.…
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