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. It is likely that we will witness sideways trading within a narrow range during today’s trading session.
|
Support |
1.0570 | 1.0520 | 1.0490 | |||
| Resistance | 1.0670 | 1.0750 |
1.0860 |
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GBPUSD
Prices broke below the sideways trend by breaking the support level at 1.2530, reaching the expected target of 1.2400. It is likely that this area will limit the downward momentum, and we may witness sideways trading within a narrow range during today’s trading session.
|
Support |
1.2400 | 1.2380 | – | ||
| Resistance | 1.2480 | 1.2500 |
1.2520 |
||
USDJPY
Prices have broken above significant resistance levels within the range of 152, opening the way for new highs. It is likely that the area around 154.50-155 will limit the upward momentum. In the event of breaking below the support area at 154.25, we may revisit the 152.85 level.
|
Support |
154.25 | 153.50 | 152.8 | |||
| Resistance | 154.80 | 155 |
155.20 |
|||
DOW JONES
The Dow Jones index is trading in a short-term downtrend around the $37,800 level. It is likely that we will see sideways consolidation within a narrow range during today’s trading session. In the event of breaking above the minor resistance at $38,100, we may target $38,350. However, if the previous low at $37,600 is broken downwards, we may target $37,200.
|
Support |
37600 | 37200 | – | |||
| Resistance | 37850 | 38100 |
38350 |
|||
