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 23-4-2024

0 10

DOLLAR INDEX

DXY

The dollar index has regained its upward momentum in the short term. As a result, we may target 106.70. However, this scenario would be invalidated if the index breaks below 105.70 again.

Support

105.70 104.75 104.50
Resistance 106.30 106.50

106.70

EURUSD

EURUSD

Prices broke below the support levels at 1.0670, indicating a potential continuation of the downward trend in the upcoming trading sessions. With the breach of the upward trend line within the range of 1.0620 , we might target 1.0500. However, this scenario would be invalidated if the prices re-enter the zone above 1.0670.

Support

1.0600 1.0520 1.0490
Resistance 1.0665 1.0685

1.0750

GBPUSD

GBPUSD

GBP/USD pair is moving downwards in the short term, with a potential target of the area around 1.2200. This scenario may change if the pair reclaims the 1.2400 level, and move  higher.

Support

1.2300 1.2240 1.2200
Resistance 1.2380 1.2400

1.2465

USDJPY

USDJPY

Prices are moving in an up-trend  on the medium-term. It is likely that the area around $154.50-$155 will act as a resistance and may limit the pace of the upward movement. If the support area at $153.85 is broken downwards, we may revisit the $152.85 level.

Support

154.25 153.85 152.85
Resistance 154.80 155

155.20

GOLD

GOLD

Gold prices broke below the support zone at $2355, reaching the targets at $2300 as expected. It’s likely that this area will limit the downward momentum. However, if $2300 is broken downwards, we may target $2265.

Support

2300 2275 2265
Resistance 2330 2355

2400

USOIL

USOI

Oil is trading sideways in the short term, between the support zone at $81 and the resistance zone at $84.5. It is likely that this sideways movement will continue in the upcoming trading sessions.

Support

81 80.5 80
Resistance 82.5 83.5

84.5

BTCUSD 

BTCUSD

Bitcoin is trading sideways in the short term. Prices rebounded from important support levels around $60,800 in recent sessions, reaching minor resistance levels around $67,000. With a breakout above this level, we may target the area around $71,400. However, this scenario would be invalidated if the previously mentioned support zone is broken downwards.

support

64000 61500 59500
Resistance 67000 71400

DOW JONES

DOWJONES

Prices rebounded to reach the target of $38,500, and it is expected that this area will limit the upward movement. However, if this resistance is breached to the upside, we may target $39,000. however, there is a likelihood that prices may retest support areas around $37,800.

Support

38000 37800 37600
Resistance 38500 39000

NASDAQ

NASDAQ

Prices have rebounded higher from support levels around $17,000, with the potential target being the resistance zone around $17,450. However, this scenario would be invalidated if the previously mentioned support area is broken downwards.

Support

17000 16800 16600
Resistance 17320 17450

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