DOLLAR INDEX
The prices have broken above resistance levels in the range of 103.75-104, and it is expected that the index will target the area of 104.75. This scenario would be invalidated if the prices break below 103.75 again.
|
Support |
104 | 103.75 | 103 | |||
| Resistance | 104.50 | 104.75 |
105.8 |
|||
EURUSD
Prices are trading in a sideways range in the short term between resistance levels at 1.0975 and support levels at 1.0785. If the prices break below the previous mentioned support , we may resume the downward trend.
|
Support |
1.0800 | 1.0770 | 1.0750 | |||
| Resistance | 1.0835 | 1.0875 |
1.0940 |
|||
GBPUSD
Prices have broken below previous support levels in the range of 1.2630, and in this case, we may test the area of 1.2530. This scenario would be invalidated if the prices re-enter above 1.2630 once again.
|
Support |
1.2575 | 1.2540 | 1.2520 | ||
| Resistance | 1.2620 | 1.2640 |
1.2670 |
||
USDJPY
The USD/JPY pair is trading below the 152 area, which is considered a significant resistance level. It is expected to limit the pace of the upward corrective movement, causing prices to move sideways in the short term between the aforementioned resistance and support at 150.50.
|
Support |
151 | 150.80 | 150.50 | |||
| Resistance | 151.50 | 152 | – | |||
GOLD
Prices declined in previous trading sessions as gold is trading below the $2183 area. It is expected that prices will test the support zone around $2140. This scenario would be invalidated if prices re-ascend and retest the $2183 level once again.
|
Support |
2160 | 2140 | 2120 | |||
| Resistance | 2177 | 2083 |
2222 |
|||
USOIL
Prices declined in previous trading sessions, approaching near the $80 target. It is expected that prices will move sideways in the short term between the $83 and $80 levels.
|
Support |
80 | 79.5 | 77.5 | |||
| Resistance | 81.30 | 82.50 |
83 |
|||
BTCUSD
The $60,800 level continues to act as a significant support, where a rebound in prices in the short term was anticipated, targeting $68,150. In the event of a breakout above this level, we may retest the previous high around $73,000.
|
Support |
62500 | 60800 | 56800 | ||
| Resistance | 66600 | 68150 |
70000 |
||
DOWJONES
The Dow Jones index has successfully breached its previous peak and regained its upward trajectory in the short term. As anticipated, however, it encountered selling pressure around the $40,000 area. In this scenario, we may test the support zone around $39,300, and if broken downward, the next target could be $38,500.
|
Support |
39300 | 38800 | 38500 | |||
| Resistance | 40000 | 40350 | – | |||
NASDAQ
The NASDAQ index is currently trading sideways in the short term. If prices break above the $18,330 level and remain above it, we might target the $18,800 area. However, this scenario would be invalidated if prices break below the $17,850 level.
|
Support |
18330 | 18000 | 17850 | |||
| Resistance | 18800 | 19000 | – | |||
