Key Highlights GBP/USD started a decent increase above the 1.2800 resistance. A major bullish trend line is forming with support at 1.2790 on the 4-hour chart. Gold prices could accelerate further higher above the $2,180 resistance zone. Bitcoin price seems to be setting up for more upsides above $73,000. GBP/USD Technical Analysis The British Pound […]
Dec 06, 2023
Germany 30 Technical: New Intraday Record High, Short-Term Bullish Trend Intact
Cleared above 16,300 major range resistance in place since November 2021. Watch the 16,440 key short-term support. The price actions of the Germany 30 Index (a proxy for the DAX futures) have continued to surge upward since our last analysis and cleared above the 16,200 short-term resistance as highlighted in our prior report. Yesterday, 5 […]
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