Technical Analysis

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. 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. 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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DOWJONES 26-12-2023. The Dow Jones index bounced from near the lower boundary of the ascending channel, trading above its historical peak in the range of 36950. It is likely that prices will rise again to target the upper limit of the…
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BTCUSD 26-12-2023. 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 26-12-2023. Prices rose from a crucial support zone within the range of $68 until it reached the  important resistance zone within the range of $72.5 and breached it . With this, we may target the zone of $78.5. This scenario is…
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GOLD 26-12-2023. The prices are trading below the resistance zone of 2070. In the event of breaking through that area and maintaining above it, we may target 2085. This scenario is ruled out if crucial support zones in the range of 2043…
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USDJPY 26-12-2023. 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 145.00. However, in the event of…
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GBPUSD 26-12-2023. Prices are trading around the 1.2700 area, where a downside move to test the support zone at 1.2530 is likely. However, if prices stay above 1.2700, there might be a rebound to test the resistance zone in the range of…
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EURUSD 26-12-2023. The prices are trading above the support zone in the range of 1.1000. In the event of maintaining stability above these levels, we may resume the upward move. This scenario is ruled out with a renewed break below the…
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