DOLLAR INDEX
The Dollar Index is trading above the 104 area, and if prices remain above this level, we may target the 105 area. This scenario is invalidated by breaking below the secondary support area of 103.85.
|
Support |
103.85 | 103.60 | 103 |
| Resistance | 104.20 | 105 |
– |
EURUSD
The EUR/USD pair is trading around the 1.08500 support area, and breaking below this level could target 1.0800. This scenario is invalidated by breaking above the 1.0860 area again.
|
Support |
1.0850 | 1.0800 | – |
| Resistance | 1.0860 | 1.0910 |
1.0940 |
GBPUSD
The GBP/USD pair has broken below the 1.2915 area, and in this case, it is likely to target the 1.2860 support area. This scenario is invalidated by breaking above 1.2915 again.
|
Support |
1.2860 | 1.2840 | 1.2800 |
| Resistance | 1.2915 | 1.2940 |
1.3010 |
USDJPY
The USD/JPY pair is trading around the support area of 154.55, which is likely to limit the downtrend and cause prices to rebound. This scenario is invalidated by breaking below the mentioned support area.
|
Support |
154.55 | 153.65 | – |
| Resistance | 155 | 155.40 |
156 |
GOLD
Gold is trading in an upward trend on the medium-term timeframe, below the resistance area of $2418. If it breaks above this resistance, it could target $2440. However, it is likely that prices will move sideways today between the support area of $2392-$2385 and the aforementioned resistance area.
|
Support |
2400 | 2392 | 2385 |
| Resistance | 2418 | 2440 |
– |
USOIL
Oil broke below the $78 area, and in this case, it is likely to target the $75.50 area. This scenario would be invalidated by a break back above the $78.25 area.
|
Support |
76.25 | 75.50 | 75 |
| Resistance | 77.25 | 78.25 |
79.45 |
BTCUSD
Bitcoin is trading around the support area of $66,000. If it holds above this area, it is likely to target the $69,450 area. This scenario would be invalidated by a break below the mentioned support area.
|
Support |
66000 | 64820 | 63800 |
| Resistance | 68545 | 69450 |
71250 |
DOW JONES
The Dow Jones index is trading in an upward trend in the medium term. Prices have fallen from the $40,950 level down to the support area around $40,350. If prices hold above this support area, it is likely that the upward movement will resume. However, if this support area is broken downwards, the index may retest the $39,800 level.
|
Support |
40350 | 40060 | 39800 |
| Resistance | 40600 | 40950 |
41450 |
NASDAQ
The Nasdaq Index is trading near the support area of 19,500. It is likely that prices will move sideways in today’s trading between the mentioned support area and the resistance area of 19,800. This scenario would be invalidated by a break below the 19,500 support area.
|
Support |
19570 | 19500 | 19000 |
| Resistance | 19800 | 20000 |
20180 |
