DOLLAR INDEX
The Dollar Index broke below the 104.75 level and targeted the support area at 104. This zone is likely to limit the downward momentum in today’s session.
|
Support |
104 | 103.60 | 103.00 |
| Resistance | 104.75 | 105.55 |
106.3 |
EURUSD
The EUR/USD pair continued its upward movement, breaking above the secondary resistance level of 1.0860. It is now likely to target 1.0960. This scenario would be invalidated if the 1.0860 level is broken again to the downside.
|
Support |
1.0860 | 1.0815 | 1.0760 |
| Resistance | 1.0900 | 1.0935 |
1.0960 |
GBPUSD
Prices rose in yesterday’s trading, breaking above the 1.2625 level and reaching significant resistance around the 1.2700 range. It is expected that the 1.2625 area will be retested. This scenario would be invalidated if the aforementioned resistance level is broken to the upside.
|
Support |
1.2525 | 1.2580 | 1.2530 |
| Resistance | 1.2700 | 1.2750 |
1.2790 |
USDJPY
Prices fell from the resistance area of 156.50 and are expected to retest 154.70 before continuing the decline and targeting 152.85.
|
Support |
153.65 | 152.85 | 151.75 |
| Resistance | 155.9 | 156.5 |
158 |
GOLD
Prices have risen to the important resistance area of $2400. If this area is breached to the upside, the next target could be $2430. However, it is likely that this resistance area will limit the upward momentum in today’s trading.
|
Support |
2370 | 2335 | 2320 |
| Resistance | 2400 | 2430 |
– |
USOIL
Oil is trading above the support level of $77.50. It is likely that prices will continue to move sideways between the resistance area of $79.50 and the support area of $76.
|
Support |
77.5 | 76.5 | 75.8 |
| Resistance | 79.5 | 80 |
80.5 |
BTCUSD
Bitcoin has broken above the 64,000$ level and is now trading just below the resistance zone of 66,800$. It is likely to retest the 64,600$ level again.
|
Support |
64800 | 64300 | 63000 |
| Resistance | 66800 | 71400 |
74000 |
DOW JONES
The Dow Jones Index has risen to the resistance zone of 40,000$, which represents the previous main peak. If this level is breached to the upside, the upward trend may continue, forming new highs. However, if the prices decline, the index may target the 39,450$ area.
|
Support |
39680 | 39450 | 39315 |
| Resistance | 40000 | 40450 |
– |
NASDAQ
The Nasdaq index broke through its key peak of 18,400 in yesterday’s trading, and it is likely to retest the 18,500 area before resuming its upward movement.
|
Support |
18500 | 18325 | 18190 |
| Resistance | 18750 | 18900 |
– |
