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.
|
Support |
1.2400 | 1.2380 | – | ||
| Resistance | 1.2480 | 1.2500 |
1.2520 |
||
USOIL
Oil prices has broken below the support area of $83. It is expected that prices will target the area of $80.50. This scenario would be invalidated if there is a re-break above $83.
|
Support |
82 | 81.30 | 80.5 | |||
| Resistance | 82.3 | 82.85 |
84 |
|||
BTCUSD
Bitcoin faced intense selling pressure, leading to a decline in prices, testing the support area at $61,000 as expected. It is anticipated that the bearish trend will continue, with prices rebounding once again. However, if the sideway range is broken to the downside, we may witness a sharp decline in prices.
|
support |
61000 | 60300 | 59150 | ||
| Resistance | 64500 | 67000 |
71400 |
||
NASDAQ
The NASDAQ index broke below the sideways trend with the breach of the $17,850 level, Reaching the expected area of $17,450. It is likely that this area will limit the downward momentum.
|
Support |
17420 | 17300 | – | |||
| Resistance | 17785 | 17855 |
18000 |
|||
