Technical Analysis

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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GOLD 18-12-2023. Prices have breached the resistance zone of 2005 to the upside, reaching the second crucial resistance area within the range of 2035. It is likely that this area will limit the corrective movement and lead to a…
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USDJPY 18-12-2023. Prices are trading in a short-term downtrend, testing a crucial support zone at 141.50. It is likely that this area will limit the downward momentum. However, in the event of breaking the previously mentioned support…
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GBPUSD 18-12-2023. Prices failed to sustain above the 1.2720 area, and thus, we may target the support zone within the range of 1.2600. This scenario is invalidated if there is a renewed breakthrough of the previously mentioned…
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EURUSD 18-12-2023. Prices are trading in a sideways range on the short term, testing a minor support zone within the range of 1.0900. In the event of a break below that area, we may test the crucial support zone within the range of…
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DOLLAR INDEX 18-12-2023. Dollar index is trading in a down- trend on the short term below a crucial resistance zone within the range of 102.3. If it breaks above it, we may resume the corrective upward movement, and it is likely that…
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USDJPY 15-12-2023. 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 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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