Technical Analysis

GBPUSD 16-11-2023 prices are currently trending in an up-trend in the short term, testing a new support level around 1.2400 as expected. There is anticipation for a bounce back from these levels, but if there is a break below, we may…
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EURUSD 16-11-2023 Prices are moving in an uptrend in the short term, and  just as predicted, Prices have risen and successfully penetrated important resistance levels. It is likely that we will witness calm trading sessions today, with…
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DOWJONES 16-11-2023 Prices have surged rapidly at the beginning of the week, reaching resistance levels around 35,000. The momentum of the upward movement may be challenged if this area is not broken. However, if prices breached  this…
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DOLLAR INDEX 15-11-2023 The prices have broken below the support level at 105.30, signaling a potential change in trend from bullish to bearish in the short term. Currently, prices are trading around another support level at 104.20. If…
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EURUSD 15-11-2023 The price signals have indicated a shift in direction from a downward trend to an upward one in the short term, and  just as predicted, Prices have risen and successfully penetrated important resistance levels. It is…
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GBPUSD 15-11-2023 The price signals have indicated a potential shift in the short-term trend from bearish to bullish. This vision was confirmed with the break of the resistance level at 1.2380 . Prices may test the new support level…
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USDJPY 15-11-2023 Short-term price action is currently trading in a range between support levels around 148.75 and key resistance levels around 152. However, the prices are facing selling pressure in this area, which is hindering the…
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GOLD 15-11-2023 The prices have risen beyond the previously expected target and are now trading near a resistance area around 1975. If this resistance is broken, the next target could be $2000. However, if the support level of 1950 is…
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USOIL 15-11-2023 Yesterday, crude oil prices tested the resistance zone at $80 as expected.  now this leads us to potentially test the support zone around $76 once again. However, this scenario could be invalidated if there is a…
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BTCUSD 15-11-2023 The prices are currently moving in an up-trend in the medium term with a significant breakthrough of the important resistance level at 35,800. This opens the door for potential further targets that could reach as high…
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