Technical Analysis

GBPUSD 18-12-2023. Prices failed to sustain above the 1.2720 area, and thus, we may target the support zone within the range of 1.2600. This scenario is invalidated if there is a renewed breakthrough of the previously mentioned…
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EURUSD 18-12-2023. Prices are trading in a sideways range on the short term, testing a minor support zone within the range of 1.0900. In the event of a break below that area, we may test the crucial support zone within the range of…
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DOLLAR INDEX 18-12-2023. Dollar index is trading in a down- trend on the short term below a crucial resistance zone within the range of 102.3. If it breaks above it, we may resume the corrective upward movement, and it is likely that…
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USDJPY 15-12-2023. The prices are currently trending in a down-trend on the short term, testing the important support level of 141.50. It is likely that this area will limit the downward momentum. Support 141.50 139.5 138…
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GBPUSD 15-12-2023. The prices penetrated the resistance zone within the range of 1.2635, reaching up to 1.2800. With this, GBPUSD direction on the short term  have changed to an up- trend. This scenario is invalidated if the price breaks…
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EURUSD 15-12-2023. prices broke through the resistance zone within the range of 1.0900, reaching up to 1.1000. It is likely that this area will limit the upward momentum, leading to a retest of the 1.0900 zone. This scenario is…
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DOLLAR INDEX 15-12-2023. Dollar index resumed its downward trajectory after breaking the 102.3 area, reaching as low as 101.50. If prices bounce back above those levels, we will encounter 102.3 as a crucial resistance zone.…
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NASDAQ 14-12-2023. The current prices are trading above a key support area in the range of 15800-15870, indicating a potential target of the previous historical peak at 16780. It is likely that the pace of ascent may be hindered by this…
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DOWJONES 14-12-2023. The Dow Jones index has surpassed its all-time high within the range of 36,950 and resumed its upward trajectory until reaching the upper limit of the ascending price channel. It is likely that we will witness a…
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BTCUSD 14-12-2023. 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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