DOLLAR INDEX
The US Dollar Index is trading around the main support area of 104.00, and breaking below this level may target the 103 area. However, it is more likely that prices will rebound upwards, potentially retesting the upper boundary of the range at 105.55.
|
Support |
104 | 103.6 | 103 |
| Resistance | 104.20 | 104.65 |
105.25 |
EURUSD
The EUR/USD pair is trading below the 1.0910 area, and if it breaks above this level, it may target 1.0950. However, it is more likely to test the support area at 1.0850 in upcoming trading sessions.
|
Support |
1.0850 | 1.0820 | 1.0800 |
| Resistance | 1.0910 | 1.0950 |
1.0975 |
GBPUSD
The GBP/USD pair has dropped from the resistance area of 1.3010 in previous trading sessions and is likely to test the secondary support area around 1.2910 This scenario will be invalidated if the mentioned resistance area is breached to the upside.
|
Support |
1.2910 | 1.2860 | 1.2825 |
| Resistance | 1.3010 | 1.3080 |
– |
USDJPY
The USD/JPY pair has rebounded from the support area of 157.40 upwards, reaching the resistance area of 158.80. If it breaks above this level, it may target the 159.75 area. However, it is more likely that prices will move sideways between 158.80 and 157.40 in today’s trading sessions.
|
Support |
157.8 | 157.40 | – |
| Resistance | 158.80 | 159 |
159.75 |
GOLD
Gold is trading below its historical peak of $2440-2450. If it breaks above this level, it may pave the way for new highs. However, if selling pressure appears and it breaks below the support area of $2418, it may retest the $2390 area.
|
Support |
2418 | 2390 | 2365 |
| Resistance | 2440 | 2450 |
– |
USOIL
Oil is trading around the support area of $80.25. If it breaks below this level, it may target the $78 area. This scenario will be invalidated if the secondary resistance area around $81.30 is breached to the upside.
|
Support |
80.25 | 79 | 78 |
| Resistance | 81.30 | 82 |
82.5 |
BTCUSD
Bitcoin has risen in previous trading sessions, breaking above the $63,800 area. If prices remain above this level, it is likely to target the $66,000 area. This scenario will be invalidated if it breaks below the $63,800 area.
|
Support |
63800 | 62280 | 61000 |
| Resistance | 64970 | 66000 |
– |
DOW JONES
The Dow Jones Index is trading in an upward trend in the medium term, which opens the way for prices to rise and form new highs. However, if prices break the support area of $40,100, we might retest $39,850 once again.
|
Support |
40100 | 39850 | 39550 |
| Resistance | 40415 | 40450 |
40650 |
NASDAQ
The Nasdaq Index is trading above the support area of $20,415. Prices are likely to move sideways between this support area and the resistance area of $20,540. However, if prices break below the $20,415 support area, it may retest the secondary support area around $20,330 again.
|
Support |
20415 | 20330 | 20250 |
| Resistance | 20540 | 20610 |
20700 |
