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Daily Technical Report 15-2-2024

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DOLLAR INDEX

Daily Technical Report 15-2-2024

Prices are trading above the levels of 104.40, which have become a significant support area for the prices. It is likely that the upward trend will resume, targeting the area around 106. This scenario would be invalidated with a re-break below the previously mentioned support level.

Support

104.4 103.80 103.4
Resistance 105.25 105.6

105.8

EURUSD

Daily Technical Report 15-2-2024

The EUR/USD pair is trading below the resistance zone of 1.0750 to the downside. It is likely that the downtrend will resume, targeting the area around 1.0665. This scenario would be invalidated with a re-break above the previously mentioned resistance zone.

Support

1.0695 1.0670 1.0640
Resistance 1.0730 1.0750

1.0800

GBPUSD

Daily Technical Report 15-2-2024

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 15-2-2024

Prices are trading above crucial support levels in the range of 149.5. With stability above these levels, it is expected that the upward movement will resume. However, early signs of selling pressure may be felt if the upward trendline is broken to the downside.

Support

149.80 149.5 148.5
Resistance 150.8 151

151.50

GOLD

Daily Technical Report 15-2-2024

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 15-2-2024

Prices rose until they reached the target of $78.5, but selling pressure emerged in those areas, leading to a decline in prices. Currently, prices are trading above secondary support in the range of $75.5. In the event of a break below this level, we may target the area around $74.

Support

75.5 74.5 73.5
Resistance 77.25 78.3

78.5

BTCUSD

Daily Technical Report 15-2-2024

Bitcoin is moving in an up-trend in the medium term, trading in the range of $52,000. With the stability above the support levels at $50,000, it is likely that the upward trend will continue.

Support

50000 48000 47000
Resistance 52500 53500

55000

DOWJONES

Daily Technical Report 15-2-2024

The support zone at $38,140 has been tested, and it was expected that prices would rise again to retest the $38,550 area. In the event of a breakthrough to the upside, we may target $38,800.

Support

38150 38000 37750
Resistance 38500 38800

39000

NASDAQ

Daily Technical Report 15-2-2024

Prices are trading in an upward direction above the support area of $17,650. With the stability above this level, prices resuming the upward trend. This scenario would be invalidated with a break below the previously mentioned support area, in which case we might test the support zone at $17,100 again.

Support

17650 17450 17370
Resistance 18000 18200

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