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Daily Technical Report 14-2-2024

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DOLLAR INDEX

Daily Technical Report 14-2-2024

The prices have broken through the levels of $104.40, where it is likely to resume the upward trend, targeting the area around $106.

Support

104.4 103.80 103.4
Resistance 105.25 105.6

105.8

EURUSD 

Daily Technical Report 14-2-2024

The EUR/USD pair has broken below the support zone of 1.0750, indicating a likelihood of resuming the downward trend, with a potential target around 1.0665.

Support

1.0670 1.0640
Resistance 1.0730 1.0750

1.0800

GBPUSD

Daily Technical Report 14-2-2024

The prices declined from the resistance zone around 1.2630, suggesting a potential target around 1.2530. If this level is broken to the downside, the pace and speed of the decline in prices may intensify.

Support

1.2530 1.2515 1.2500
Resistance 1.2630 1.2750

1.2800

USDJPY 

Daily Technical Report 14-2-2024

The prices broke through significant resistance levels around 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume.

Support

149.80 149.5 148.5
Resistance 150.8 151

151.50

GOLD 

Daily Technical Report 14-2-2024

The prices fell below the important support zone of $2020, and it is expected that the prices will resume the downward movement, targeting the areas around $1975.

Support

1985 1975 1970
Resistance 2000 2015

2020

USOIL 

Daily Technical Report 14-2-2024

Prices are trading above  the minor support zone in the range of $77.30, and it is likely to target the area of $78.50. This scenario is ruled out in case of breaking the support zone at $75.50.

Support

76.5 75.5 74.5
Resistance 78.3 78.5

79

BTCUSD

Daily Technical Report 14-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $50,000. With the stability above the support levels at $48,000, it is likely that the upward trend will continue.

Support

49100 48000 47000
Resistance 50800 52000

DOWJONES

Daily Technical Report 14-2-2024

The prices broke below the important support zone of $38550 and tested the area around $38140. It is expected that the prices will rise again and retest the zone of $38550.

Support

38150 38000 37750
Resistance 38500 38800

39000

NASDAQ 

Daily Technical Report 14-2-2024

The prices are trading in an upward trend around the support zone of 17650. If they maintain above this level, we may resume the upward trajectory. This scenario would be invalidated with a break below the previously mentioned support zone, in which case we might test the support area around 17100 again.

Support

17650 17450 17370
Resistance 17800 18000

18200

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