Technical Analysis

GOLD 29-1-2024. Prices are trading in a narrow range between 2015 and 2030. In the event of a break below the 2015 area, we may target the zone around $2000. Conversely, if there is an upward breakthrough above $2030, we might aim for…
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USDJPY 29-1-2024. Prices are currently trading in a sideways range between the support area at 146.5 and the resistance zone at 148.8. If there is a breakout to the upside, the next target could be 150.0. However, this scenario would be…
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GBPUSD 29-1-2024. Prices are trading in a sideways range between the support and resistance zones at 1.2615 and 1.2800, respectively. It is likely that prices will decline, and if the crucial support zone at 1.2615 is broken to the…
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EURUSD 29-1-2024. EUR/USD pair is currently trading below the resistance zone  1.0900, approaching the support area near 1.0810. There is a likelihood of further downward movement,  this scenario would be invalidated if there is a…
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DOLLAR INDEX 29-1-2024. Prices continue to trade above the crucial support zone at 102.30. In this case, we may target 104.40. However, this scenario may be invalidated if the support zone at 102.30 is broken to the downside.…
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NASDAQ 24-1-2024. Prices broke above the resistance zone at 17100, and they are currently trading above the target of 17350. If prices hold above these levels, we may see a continuation of the upward trend. However, if the prices drop…
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DOWJONES 24-1-2024. prices  broke through the 37800 area to the upside. If they remain above these levels, we may resume the upward trend. However, if 37800 is broken again to the downside, we might retest the zone around 37500-37200.…
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BTCUSD 24-1-2024. Prices declined after reaching the target of 48000, breaking important support zones in the range of 44750. It is likely that these areas will act as resistance, prompting a resumption of the upward trend. The 40000…
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EURUSD 24-1-2024. EUR/USD pair is trading below the resistance zone of 1.0900. Prices have tested the support zone near 1.0810, and it is likely that the prices will decline again. This scenario would be invalidated if there is a renewed…
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USOIL 23-1-2024. Prices have broken out of the narrow range, with oil now trading above the $74 zone. In this case, we may target the $76 area. However, this scenario would be invalidated if the support zone at $74 is broken again to the…
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