DOLLAR INDEX
The Dollar Index is trading around the resistance zone at 103. Therefore, it is likely that prices will move within a sideways range in today’s trading, between the mentioned resistance zone and the support level at 102.30. This scenario becomes invalid if the index breaks above 103.
|
Support |
102.70 | 102.50 | 102.30 |
| Resistance | 103 | 103.40 |
103.70 |
EURUSD
The EUR/USD pair is trading within a narrow sideways range between the minor resistance area at 1.0930 and the minor support area at 1.0900. It is likely that this movement will continue in today’s trading. However, if this area is broken to the downside, the main support area around 1.0880 could be targeted.
|
Support |
1.0900 | 1.0880 | 1.0830 |
| Resistance | 1.0930 | 1.0940 |
1.1007 |
GBPUSD
The GBP/USD pair is trading above the support area at 1.2715, and it is likely to retest the resistance area at 1.2810. This scenario would be invalidated if the mentioned support area is broken to the downside.
|
Support |
1.2715 | 1.2675 | 1.2630 |
| Resistance | 1.2810 | 1.2860 |
1.2910 |
USDJPY
The USD/JPY pair is trading in a narrow sideways range, and if it breaks above 147.80, it could target the resistance area at 149. However, if it breaks below 146.25, the support area at 143.70 could be retested.
|
Support |
146.25 | 145.50 | 143.70 |
| Resistance | 147.80 | 149 |
152 |
GOLD
Gold is trading above the support area at $2,418, and it is likely to target the $2,460 area. This scenario would be invalidated if the mentioned support area is broken to the downside.
|
Support |
2418 | 2382 | 2365 |
| Resistance | 2440 | 2460 |
2477 |
USOIL
Oil is trading below the minor resistance area at $76.50. If this area is broken to the upside, it could target $78.25. This scenario would be invalidated if the support area around $75 is broken to the downside.
|
Support |
75 | 73.50 | 71.50 |
| Resistance | 76.25 | 77.25 |
78.25 |
BTCUSD
Bitcoin is trading below the resistance area at $59,500, and it is likely that prices will move sideways between the mentioned resistance area and the support area at $57,000. This scenario would be invalidated if Bitcoin breaks above $59,500.
|
Support |
57000 | 53800 | 50800 |
| Resistance | 59500 | 61850 |
63800 |
DOW JONES
The Dow Jones Index is trading around the resistance area at 39,550, and it is likely that prices will move sideways between this resistance area and the support area at 39,000. However, if the index breaks above 39,550, it could target the 39,800 area.
|
Support |
39245 | 39000 | 38500 |
| Resistance | 39550 | 39800 |
40950 |
NASDAQ
The Nasdaq Index is trading around the resistance area at 18,500. If it breaks above this level, it is likely to target the 19,500 area. This scenario would be invalidated if the minor support area at 18,320 is broken.
|
Support |
18320 | 17650 | 17300 |
| Resistance | 18500 | 19135 |
19500 |
