Technical Analysis

DOWJONES 30-1-2024. Prices are trading in an up-trend, above the support zone at 38140. In case of continued stability above this level, the prices  may resume the upward trajectory. However, if the level of 38140 is once again broken to…
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BTCUSD 30-1-2024. Prices rebounded upwards from a crucial support area near $40,000 and also penetrated the initial resistance zone within the range of $42,000, reaching approximately $43,500. However, there is a likelihood of selling…
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USOIL 30-1-2024. prices rose rapidly until they reached the target zone of $78.5, where the expected appearance of selling pressure in this area slowed down the upward momentum. In this case, we may retest the $75 zone again.…
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GOLD 30-1-2024. Prices are trading above the minor resistance zone at 2030, and in this case, the target could be $2040. However, if the area of $2015 is broken to the downside, we might target the $2000 zone. Support 2015…
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USDJPY 30-1-2024. Prices are trading in a sideways range between the support zone at 146.5 and the resistance zone at 148.8. In case of a breakout to the upside, the target could be 150.0, while this scenario would be invalidated if the…
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GBPUSD 30-1-2024. 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 30-1-2024. The EUR/USD pair is trading below the resistance zone of 1.0900, indicating a potential continuation of the downward trend. This scenario would be invalidated if there is a renewed break above 1.0900. Support…
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DOLLAR INDEX 30-1-2024. Prices continue to trade above the important support zone of 102.30. In this case, the target could be 104.40. However, this scenario would be invalidated if there is a break below 102.30 again. Support…
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NASDAQ 29-1-2024. 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 29-1-2024. 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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