AAPL
$189.99
(+0.01%)
GOOG
$178.02
(+0.96%)
GOOGL
$176.40
(+0.81%)
AMZN
$182.15
(+0.78%)
MSFT
$430.32
(+0.04%)
FB
$196.64
(+0.51%)
BRK.B
$403.90
(-0.86%)
BABA
$80.58
(-0.84%)
JPM
$199.50
(-0.6%)
JNJ
$144.38
(-1.76%)
BAC
$39.32
(-0.96%)
XOM
$114.86
(+1.27%)
WFC
$59.48
(-1.21%)
V
$270.98
(-1.28%)
WMT
$65.04
(-0.52%)
RDS.B
$51.06
(0%)
RDS.A
$51.04
(0%)
INTC
$31.06
(+1.11%)
T
$17.27
(-1.31%)
UNH
$503.68
(-0.88%)
CSCO
$46.28
(-0.3%)
PTR
$43.88
(0%)
NVS
$99.68
(-0.85%)
PFE
$28.30
(-2.01%)
TSM
$159.41
(-0.37%)

Daily Technical Report 15-4-2024

0 11

DOLLAR INDEX 

DXY

The dollar index has regained its upward momentum in the short term, as anticipated, targeting the range of 105.70-105.80. In case breaking above this range, the next target could be 106.70. However, it is likely that the area around 105.80 will act as a resistance, potentially slowing down the upward movement in the upcoming trading sessions.

Support

104.75 104.50 104.05
Resistance 105.80 106.20

106.5

EURUSD 

EURUSD

Prices have broken below the support levels at 1.0670, indicating a potential continuation of the downward trend in the upcoming trading sessions with a target around 1.0500. This scenario would be invalidated if the prices reclaim the 1.0670 level once again and move higher.

Support

1.0570 1.0520 1.0490
Resistance 1.0670 1.0750

1.0860

GBPUSD 

GBPUSD

Prices have broken below the sideways trend by breaching the support area at 1.2530. It’s likely that the downtrend will resume, targeting the area around 1.2400. This scenario would be invalidated if the prices reclaim the 1.2530 level once again and move higher.

Support

1.2425 1.2400 1.2380
Resistance 1.2520 1.2540

1.2585

USDJPY 

USDJPY

Prices have breached significant resistance levels within the range of 152, indicating potential for reaching new highs. However, if the support level at 152.85 is broken downwards, we might see a retest of the 152 level.

Support

152.80 152 151.50
Resistance 153.40 154

154.20

GOLD 

GOLD

Gold achieved new historical highs in the previous trading sessions, confirming its upward trend in the medium term. However, it faced intense selling pressure with Friday’s closings. It’s likely to face difficulty in breaking above the $2430 resistance area. Conversely, if the support level at $2330 is breached downwards, we may see a retest of the $2300 area.

Support

2330 2320 2300
Resistance 2350 2365

2431

USOIL 

USOIL

Oil prices continue to trend upwards in the short term. However, this outlook would change if the support zone at $84-$83 is breached downwards. In such a scenario, we may expect prices to trade sideways between the mentioned support levels and 86.5$-87$.

Support

84.5 84 83.5
Resistance 86 86.5

87

BTCUSD 

BTCUSD

Bitcoin faced intense selling pressure leading to a price decline, testing the $61,000 support level as anticipated. It’s expected that the price will continue its bearish trajectory and rebound upwards once again.

support

65000 62300 60300
Resistance 67600 69000

71400

DOW JONES

DOW JONES

The Dow Jones index declined after breaking below the $38,500 level, approaching the support levels around $37,800. It is expected that prices will retest the mentioned support zones once again. However, this scenario would be invalidated if the price breaks back above $38,500.

Support

37800 37500 37200
Resistance 38280 38500

38650

NASDAQ 

NASDAQ

NASDAQ

The NASDAQ index is trading sideways in the short term, between the resistance zone at $18,400 and the support zone at $17,850. If the price breaks above this range, it may regain its upward momentum. Conversely, if it breaks below the mentioned support zone, a retest of the $17,450 level is expected.

Support

17850 17450
Resistance 18150 18400

18500

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