DOLLAR INDEX
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
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
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
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
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
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
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
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 $39,450 area.
|
Support |
39680 | 39450 | 39315 |
| Resistance | 40000 | 40450 |
– |
NASDAQ
The Nasdaq index broke its previous peak of 18,400$ 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 |
