DOLLAR INDEX
The Dollar Index is moving within a broad sideways range between the support area at 104 and the resistance area at 105.55. It is likely that the resistance will be breached to the upside, in which case the next target could be 106.35. However, if the minor support area at 104.65 is broken to the downside, the index may target the main support area previously mentioned at 104.
|
Support |
104.65 | 104 | 103.60 |
| Resistance | 105.55 | 106 |
106.35 |
NASDAQ
The Nasdaq index is moving in an upward trend in the medium term. Prices dropped in yesterday’s trading to test the support area at $19,500, which is likely to limit the pace of the decline.
|
Support |
19500 | 19275 | – |
| Resistance | 19665 | 19900 |
– |
BTCUSD
Bitcoin broke below the $62,800 area, reaching the target of $61,000 and extending down to the $58,400 level. It then rebounded to the $61,000 level. If it holds above this area, it is likely to target the $62,800 resistance area. This scenario is invalidated if it breaks below the $61,000 area.
|
Support |
61000 | 59400 | 57700 |
| Resistance | 62800 | 64400 |
66000 |
