DOLLAR INDEX
The dollar index is moving upwards in the short term and is facing resistance around the 106.3 level. If it breaks above this level, we may target the 107.15 area. However, if it breaks below the minor support level at 105.30, we could retest 104.75.
|
Support |
105.30 | 104.75 | 104.50 | |||
| Resistance | 106.30 | 106.70 |
107.15 |
|||
EURUSD
The prices declined from resistance levels in the range of 1.0740, with a likely target at 1.0620. This scenario is invalidated if the resistance levels mentioned earlier are breached to the upside.
|
Support |
1.0630 | 1.0600 | – | |||
| Resistance | 1.0730 | 1.0750 |
1.0850 |
|||
GBPUSD
The GBP/USD pair declined from a resistance area in the range of 1.2530, with a likely target at the support zone of 1.2435. This scenario is invalidated by a re-break of the previously mentioned resistance area to the upside.
|
Support |
1.2450 | 1.2425 | 1.2300 | ||
| Resistance | 1.2520 | 1.2550 |
1.2580 |
||
GOLD
The prices broke below the support zone of $2300, with a likely target at the area of $2265. This scenario is invalidated by a re-break of $2300 to the upside.
|
Support |
2275 | 2265 | 2230 | |||
| Resistance | 2295 | 2305 |
2325 |
|||
USOIL
The oil is trading sideways in the short term, between the support zone at $81 and the resistance zone at $84.50. In case the previous support zones mentioned are broken downwards, we may target $76.
|
Support |
80.75 | 80.3 | 80 | |||
| Resistance | 83 | 83.5 |
84.25 |
|||
BTCUSD
The Bitcoin is trading around the support zone at $60,000, and if it breaks below it, prices may decline rapidly.
|
support |
60000 | 59000 | – | ||
| Resistance | 64700 | 65300 |
67000 |
||
DOW JONES
The Dow Jones index is trading at the support zone of $37,800, and if it breaks below it, we may target $37,200. However, it is likely that prices will rebound upwards and retest $38,500.
|
Support |
37800 | 37500 | 37200 | |||
| Resistance | 38100 | 38500 |
39000 |
|||
