Technical Analysis

DOLLAR INDEX 14-12-2023. The prices are currently trading near an important support zone around 102.30. If this area is broken downwards, we will likely resume the bearish trend for the index. However, it is expected that prices will…
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DOWJONSE 13-12-2023. prices have risen until they reached the target of 36,500, and if the upward trend continues, prices may face resistance around the historical peak of the Dow Jones index at the range of 36,950. Support…
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USOIL 13-12-2023. 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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USDJPY 13-12-2023. The prices are currently trading in a down-trend on the short-term, below the resistance zone  147. It is expected that the descent will continue, unless there is a breakthrough above the aforementioned resistance…
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EURUSD 13-12-2023. The prices tested the resistance zone at 1.0870-1.0830 and failed to break above it. This suggests that the next target could be the zone at 1.0670. However, this scenario would be invalidated if there is a successful…
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NASDAQ 12-12-2023. Current prices are trading above a significant support zone in the range of 15800-15870, which could potentially lead the index towards its previous historical high of 16780. However, this scenario would be invalidated…
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BTCUSD 12-12-2023. The prices are currently trending upward on the medium-term, and have recently  tested the support zone at 40,000. It is likely that the upward trend will resume from here. Support 40000 38000 -…
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GOLD 12-12-2023. Prices are currently trending in a down-trend on the short term, with a possible target of 1965. However, this scenario would be invalidated if prices rebound and break above the 2005 resistance level. Support…
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USDJPY 12-12-2023 usd/jpy rebounded in yesterday's session and approached a crucial resistance level around 147, but failed to break higher. Instead, prices declined, suggesting a possible test of the important support zone at…
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GBPUSD 12-12-2023 The current prices are trading below a secondary resistance level around 1.2620, indicating a potential continuation of the downtrend towards the support level at 1.2400. This scenario would be invalidated if there is a…
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