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Daily Technical Report 21-2-2024

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DOLLAR INDEX

Daily Technical Report 21-2-2024

The prices are trading at the lower  boundary  of an ascending channel around the levels of 103.75-103.90. It is likely to resume the upward trend, targeting the area of 105.70/106. This scenario is invalidated if the previously mentioned support zones are broken to the downside.

Support

103.9 103.70 103.4
Resistance 104.8 105.25

105.70

EURUSD 

Daily Technical Report 21-2-2024

The EUR/USD pair has broken through a significant resistance area, and the corrective movement to the upside is likely to resume, targeting the area of 1.0900. This scenario is invalidated if the price falls back below the support zone at 1.0785.

Support

1.0800 1.0785 1.0750
Resistance 1.0835 1.0900

1.0935

NASDAQ 

Daily Technical Report 21-2-2024

The prices have broken below the support zone at $17,650, and in this scenario, we may test the second support area at $17,100. This scenario would be invalidated with a renewed breakout above $17,650.

Support

17650 17450 17370
Resistance 18000 18200

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