DOLLAR INDEX
The prices are trading in a narrow range between the resistance zone at 104.15 and the support at 103.4. It is likely that the sideways trend will continue in the short term.
Support |
103.50 | 103.15 | 102.75 |
Resistance | 104.10 | 104.80 |
105.25 |
EURUSD
The prices are trading in a narrow sideways range between 1.0860 and 1.0800. In the event of a breakdown below this range, the target could be 1.0700. Conversely, if there is a breakthrough above the resistance zones at 1.0900, the target might be 1.1000.
Support |
1.0800 | 1.0785 | 1.0750 |
Resistance | 1.0855 | 1.0900 |
1.0935 |
GBPUSD
The prices are trading above the level of 1.2630, and in this case, we may target the area of 1.2800. This scenario is ruled out with a renewed break below 1.2630.
Support |
1.2630 | 1.2530 | 1.2500 |
Resistance | 1.2700 | 1.2750 |
1.2800 |
USDJPY
Prices are trading above important support levels within the range of 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume. This scenario is negated if the support zone mentioned earlier is broken to the downside.
Support |
149.80 | 149.5 | 148.5 |
Resistance | 150.8 | 150.8 |
151.50 |
GOLD
Prices rose rapidly in the previous trading sessions, reaching the target within the range of $2140. It is likely that this zone will act as resistance and limit the upward momentum.
Support |
2100 | 2085 | 2060 |
Resistance | 2140 | – |
– |
USOIL
The prices are trading around a secondary support zone within the range of $77. In case of a breakdown below this level, we may target $75.70. On the other hand, if the previous peak within the range of $80.50 is breached to the upside, we may target the zone around $83.
Support |
77.25 | 75.7 | 73 |
Resistance | 78.5 | 80.5 |
83 |
BTCUSD
Bitcoin is moving upward on the medium-term, and prices have risen rapidly in previous sessions, reaching the range of $68,500. With prices maintaining levels higher than $64,000, the continuation of the upward trend is likely.
Support |
65000 | 64200 | 63000 |
Resistance | 69000 | – |
– |
DOWJONES
Dow Jones index has broken below the support zone at $38,750, reaching new support levels around $38,500. It is likely that prices will rise again and resume the upward trend in the medium term. This scenario would be invalidated if the key support zone at $38,000 is broken to the downside.
Support |
38500 | 38200 | 38000 |
Resistance | 38750 | 39050 |
39300 |
NASDAQ
The Nasdaq index is trading in an upward direction on the medium-term, and there is a likelihood of continuing this trend on the short-term as long as prices remain above the $17,950 level.
Support |
17950 | 17650 | 17450 |
Resistance | 18150 | 18350 |
18450 |