AAPL
$189.99
(+0.01%)
GOOG
$178.02
(+0.96%)
GOOGL
$176.40
(+0.81%)
AMZN
$182.15
(+0.78%)
MSFT
$430.32
(+0.04%)
FB
$196.64
(+0.51%)
BRK.B
$403.90
(-0.86%)
BABA
$80.58
(-0.84%)
JPM
$199.50
(-0.6%)
JNJ
$144.38
(-1.76%)
BAC
$39.32
(-0.96%)
XOM
$114.86
(+1.27%)
WFC
$59.48
(-1.21%)
V
$270.98
(-1.28%)
WMT
$65.04
(-0.52%)
RDS.B
$51.06
(0%)
RDS.A
$51.04
(0%)
INTC
$31.06
(+1.11%)
T
$17.27
(-1.31%)
UNH
$503.68
(-0.88%)
CSCO
$46.28
(-0.3%)
PTR
$43.88
(0%)
NVS
$99.68
(-0.85%)
PFE
$28.30
(-2.01%)
TSM
$159.41
(-0.37%)

Daily Technical Report 20-5-2024

0 8

DOLLAR INDEX

DXY

The Dollar Index rebounded from the support area of 104, reaching the 104.75 level. It is likely that prices will move sideways between these two areas in today’s trading.

Support

104 103.60 103.00
Resistance 104.75 105.55

106.3

EURUSD

EURUSD

The EUR/USD pair is trading above the 1.0860 area, and as long as prices remain above this level, it is likely to target 1.0960. This scenario would be invalidated if the 1.0860 area is broken to the downside.

Support

1.0860 1.0815 1.0760
Resistance 1.0900 1.0935

1.0960

GBPUSD 

USDJPY

In previous trading sessions, prices rose to significant resistance areas around 1.2700. It is expected that the 1.2625 area will be retested again. This scenario will be invalidated if the mentioned resistance area is broken to the upside.

Support

1.2650 1.2625 1.2580
Resistance 1.2700 1.2750

1.2790

USDJPY

USDJPY

Prices have risen to the resistance area in the range of 156 – 156.50, where selling pressure is expected, potentially leading to a retest of the 153.70 area. However, if the aforementioned resistance is broken to the upside, we may target the 158 area.

Support

155.25 153.70 152.85
Resistance 155.9 156.5

158

GOLD

GOLD

Prices have broken above the previous peak in the 2430$ range, confirming gold’s upward trend in the medium term and targeting new highs.

Support

2430 2400 2370
Resistance 2470 2500

USOIL

USOIL

Oil is trading around the resistance area around $79.50. If this area is broken to the upside, the next target could be $80.50.

Support

77.5 76.5 76
Resistance 79.5 80

80.5

BTCUSD 

BTCUS

Bitcoin bounced higher in previous trading sessions and is now trading near the resistance area of $66,800. If it breaks above this level, it may target $71,400. However, it is likely that prices will decline today and test the $64,600 area.

Support

64800 64300 63000
Resistance 66800 71400

74000

DOW JONES

DOWJONES

The Dow Jones Index is trading around the $40,000 resistance area, which represents the previous main peak. Breaking above this level could continue the upward trend and form new highs. However, if prices decline, we might target the $39,450 area.

Support

39680 39450 39315
Resistance 40000 40450

NASDAQ

NASDAQ

The Nasdaq index broke its previous peak of 18,400$ in recent trading. It was expected to retest the 18,500$ area before resuming its upward trend. However, if the 18,400$ area is broken to the downside, we may test the 18,190$ area.

Support

18500 18325 18190
Resistance 18685 18750

18900

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.