DOLLAR INDEX
The Dollar Index is moving within a broad sideways range between the support area of 104 and the resistance area of 105.55. It is likely to break above the resistance, and in this case, we could target 106.35. However, if it breaks below the secondary support area of 104.65, we may target the previously mentioned primary support area.
|
Support |
104.65 | 104 | 103.60 |
| Resistance | 105.55 | 106 |
106.35 |
USDJPY
In previous trading sessions, prices rose and approached the 160.00 target, where they might encounter selling pressure in this range.
|
Support |
159.15 | 158.65 | 157.60 |
| Resistance | 160 | 160.20 |
161 |
GOLD
Gold broke below the 2360$ level in previous trading sessions, and if it breaks the previous low around 2315$, the bearish movement might continue targeting 2295$. This scenario would be invalidated if the price breaks above the 2340$ level again.
|
Support |
2305 | 2295 | 2267 |
| Resistance | 2340 | 2365 |
2383 |
USOIL
The prices are testing the support area at $80.10. If this level is broken to the downside, we might target the $77.50 area. However, it is likely that prices will rebound upwards from the aforementioned support area.
|
Support |
80.10 | 79.15 | 77.5 |
| Resistance | 81.65 | 82.20 |
82.75 |
DOW JONES
The Dow Jones Index broke above the 39,080$-39,150$ area in previous trading sessions, and it is likely to target the 39,450$ area. This scenario will be invalidated if the price breaks back below the 39,080$ area.
|
Support |
39150 | 39080 | 38850 |
| Resistance | 39350 | 39450 |
39570 |
