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 22-5-2024

0 9

DOLLAR INDEX

DXY

The Dollar Index is trading below the resistance area of 104.75. Prices are likely to decline and test the support area of 104 again. This scenario would be invalidated if the resistance area mentioned above is breached to the upside.

Support

104 103.60 103.00
Resistance 104.75 105.55

106.3

EURUSD

EURUSD

The EUR/USD pair is still trading around the 1.0860 area. If this resistance is broken to the upside, the pair may target 1.0960. However, if the secondary support area at 1.0840 is broken to the downside, we may see a retest of the main support area at 1.0740.

Support

1.0840 1.0815 1.0760
Resistance 1.0875 1.0890

1.0935

GBPUSD

GBPUSD

Prices rose in previous trading sessions, reaching key resistance areas around 1.2700. A retest of the 1.2625 area is expected, and this scenario would be invalidated if the secondary resistance area at 1.2725 is broken to the upside.

Support

1.2650 1.2625 1.2580
Resistance 1.2725 1.2790

1.2825

GOLD

GOLD

Gold is trending upward in the medium term. Prices have recently dropped from the target of $2450, testing support areas around $2400. If prices remain above this support, the upward trend is likely to resume. However, if $2400 is broken to the downside, a retest of the important support area at $2370 is possible.

Support

2400 2370 2325
Resistance 2430 2450

2470

USOIL

USOIL

Oil has fallen from near the resistance area around $80.00 to approach the support areas around $77.50. Prices are likely to continue declining in today’s trading.

Support

77.85 77.25 76.5
Resistance 79.5 80

80.5

BTCUSD

BTCUSD

Bitcoin rebounded upwards in previous trading, reaching targets of $71,400, which is a significant resistance area. This area has slowed the pace of the ascent, and thus we may retest the $66,800 area. This scenario is invalidated if the aforementioned resistance area is broken to the upside.

Support

67800 66800 65800
Resistance 71400 74000

NASDAQ

NASDAQ

The Nasdaq index broke its main peak of 18,400 in previous trading sessions, confirming its medium-term upward trend and the formation of new highs. However, if the 18,680 area is broken to the downside, we may retest the 18,540 area.

Support

18540 18400 18190
Resistance 18720 18900

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