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Technical Analysis

USDJPY 4-1-2023

USDJPY 4-1-2023. Prices rebounded from important support areas and are currently trading near a minor resistance in the range of 144, which might impede the upward movement. However, if this level is breached to the upside, the prices…
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GBPUSD 4-1-2023

GBPUSD 4-1-2023. Prices bounced back from near the support zone in the range of 1.2615, and there is a likelihood of testing the area around 1.2700. However, if the previously mentioned support zone is broken, the prices may target…
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EURUSD 4-1-2023

EURUSD 4-1-2023. Prices are trading around a crucial support zone in the range of 1.0900. There is a likelihood of a rebound from these levels, and this scenario is negated if the previously mentioned support zone is broken to the…
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DOLLAR INDEX 4-1-2023

DOLLAR INDEX 4-1-2023. Prices are facing a significant resistance area in the range of 102.30. If it breaks above this level, we may continue the corrective movement and target 104.40. However, if the support zone at 101.50 is breached…
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GOLD 28-12-2023

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

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

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

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

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

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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