AED
USD 0.27
AFN
USD 0.01
ALL
USD 0.01
AMD
USD 0.00
ANG
USD 0.55
AOA
USD 0.00
ARS
USD 0.00
AUD
USD 0.65
AWG
USD 0.56
AZN
USD 0.59
BAM
USD 0.55
BBD
USD 0.50
BDT
USD 0.01
BGN
USD 0.55
BHD
USD 2.65
BIF
USD 0.00
BMD
USD 1.00
BND
USD 0.73
BOB
USD 0.14

Daily Technical Report 19-2-2024

0 1,442

DOLLAR INDEX

Daily Technical Report 19-2-2024

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 

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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 

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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

Daily Technical Report 19-2-2024

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

You can now benefit from LDN company’s services through the LDN Global Markets trading platform.

Leave A Reply

Your email address will not be published.