DOLLAR INDEX
The Dollar Index is trading below the 105.55 level, and in this case, it is likely that we will target the 104.65 level. This scenario will be invalidated if the 105.55 level is breached again to the upside.
|
Support |
104.65 | 104 | – |
| Resistance | 105.55 | 106 |
106.35 |
EURUSD
The EUR/USD pair has broken above the 1.0735 level, and it is likely that prices will target the 1.0800 level. This scenario will be invalidated if the 1.0735 level is broken again to the downside.
|
Support |
1.0750 | 1.0735 | 1.0700 |
| Resistance | 1.0760 | 1.0800 |
– |
GBPUSD
The GBP/USD pair has been moving sideways in recent trading sessions, and it is likely that prices will target the resistance level of 1.2700. This scenario will be invalidated if the 1.2610 level is broken to the downside.
|
Support |
1.2610 | 1.2580 | 1.2560 |
| Resistance | 1.2700 | 1.2725 |
1.2740 |
USDJPY
The USD-JPY pair is moving in an upward direction in the medium term, and prices have risen in previous trading sessions, breaking through the previous high . Thus, it is likely that the upward trend will continue. However, in the case of a break below the support zone at 160.50, we may target 159.75.
|
Support |
160.50 | 159.75 | 158.65 |
| Resistance | 161.28 | 161.80 |
162 |
GOLD
Gold declined after testing the resistance area around $2340. With a confirmed break below the secondary support level of $2318, we may target the main support area in the range of $2283-$2267. This scenario will be invalidated if the aforementioned resistance area is breached to the upside.
|
Support |
2318 | 2295 | 2267 |
| Resistance | 2330 | 2340 |
– |
USOIL
Prices are trading above the support area of $80.10, and in this case, we may target the range of $82.15-$82.75. This scenario will be invalidated if $80.10 is broken to the downside.
|
Support |
81 | 80.60 | 80.10 |
| Resistance | 82.15 | 82.75 |
– |
BTCUSD
Bitcoin rose in previous trading sessions and broke above the $62,800 level. It is therefore likely to target the secondary resistance area around $64,500. This scenario will be invalidated if the $62,800 level is broken again to the downside.
|
Support |
63200 | 62800 | 61000 |
| Resistance | 64500 | 66100 |
66700 |
DOW JONES
The Dow Jones index broke below the $39,450 zone, reaching the support area around $39,080. If it remains above this support area, it is likely to target the $39,450 zone again. This scenario will be invalidated if the aforementioned support area is broken to the downside.
|
Support |
39080 | 38850 | 38480 |
| Resistance | 39450 | 39665 |
39800 |
NASDAQ
The Nasdaq index is moving in an upward trend in the medium term. Prices have dropped from the $19,900 level down to the support area around $19,665. If prices remain above this support area, it is likely that the upward movement will resume. However, if the mentioned support area is broken to the downside, we may retest the $19,500 level.
|
Support |
19665 | 19500 | 19275 |
| Resistance | 19900 | 20000 |
20130 |
