DOLLAR INDEX
Prices are trading around the $104.40 levels, which have become a significant area. It is likely that the upward trend will resume, targeting the $105.70/$106 area. This scenario would be invalidated if prices break below the support zone at $104 once again.
|
Support |
104 | 103.80 | 103.4 |
| Resistance | 104.8 | 105.25 |
105.70 |
EURUSD
The EUR/USD pair is trading in a bearish trend, and it is likely to continue in this direction, targeting the area around 1.0665. This scenario would be invalidated with a breakout above the 1.0785 level.
|
Support |
1.0730 | 1.0695 | 1.0670 |
| Resistance | 1.0785 | 1.0800 |
1.0900 |
GBPUSD
Prices are trading below the resistance zone within the range of 1.2630. In the event of a break above this level, we may target the area around 1.2800. However, it is likely that the prices will continue to exhibit a sideways performance.
|
Support |
1.2530 | 1.2515 | 1.2500 |
| Resistance | 1.2630 | 1.2750 |
1.2800 |
USDJPY
Prices are trading above important support levels within the range of 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume. This scenario is negated if the support zone mentioned earlier is broken to the downside
|
Support |
149.80 | 149.5 | 148.5 |
| Resistance | 150.8 | 151 |
151.50 |
GOLD
Prices have broken through the resistance zones in the range of $2015. With this, prices may move higher and face a minor resistance zone ranging from $2030 to $2045. It is likely that within this range, selling pressure may emerge, limiting the upward movement.
|
Support |
2015 | 1995 | 1975 |
| Resistance | 2030 | 2045 |
2060 |
USOIL
The prices are trading below a significant resistance zone in the range of $78.5, which is expected to limit the pace of the upward movement. However, if the resistance zone mentioned earlier is breached to the upside, the short-term direction may change to an upward trend.
|
Support |
76.7 | 75.5 | 74.5 |
| Resistance | 78.3 | 78.8 |
– |
BTCUSD
Bitcoin is moving in an up-trend in the medium term, trading in the range of $52,000. With the stability above the support levels at $51650, it is likely that the upward trend will continue.
|
Support |
51650 | 50000 | 48000 |
| Resistance | 52500 | 53500 |
55000 |
DOWJONES
Prices declined as expected from the $38,800 region, indicating a continuation of the sideways trend for prices, it is expected to retest the support zones at $38,550 and then $38,140. This scenario would be invalidated if there is a breakthrough above $38,800.
|
Support |
38550 | 38150 | 38000 |
| Resistance | 38800 | 39000 |
– |
NASDAQ
Prices are trading in an upward direction above the support area of $17,650. With the stability above this level, prices resuming the upward trend. This scenario would be invalidated with a break below the previously mentioned support area, in which case we might test the support zone at $17,100 again.
|
Support |
17650 | 17450 | 17370 |
| Resistance | 18000 | 18200 |
– |
