DOLLAR INDEX
Prices are trading within the range of 103.75-104, and with the prices holding above that area, it is expected that the index will target the 104.75 region. However, this scenario would be invalidated if the price breaks below 103.75 once again.
|
Support |
103.75 | 103 | – | |||
| Resistance | 104 | 104.50 |
104.75 |
|||
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 support level of 1.0785, we may resume the downward trend. It is expected that the prices will continue to trade sideways in the short term.
|
Support |
1.0800 | 1.0770 | 1.0750 | |||
| Resistance | 1.0875 | 1.0940 |
– |
|||
GBPUSD
Prices are trading in a sideways range between the resistance area at 1.2775 and the support area at 1.2530. It’s expected that prices will experience relative calmness in their fluctuations, confined to a narrow range.
|
Support |
1.2575 | 1.2540 | 1.2520 | ||
| Resistance | 1.2640 | 1.2670 |
1.2740 |
||
USOIL
Prices rose in the previous trading sessions after nearing the $80 target. It is anticipated that the prices will move in a sideways range in the short term, between the levels of $83 and $80.
|
Support |
81 | 80 | 79.5 | |||
| Resistance | 82.50 | 83 |
– |
|||
BTCUSD
Prices bounced back from the $60,800 area and then broke above the $68,150 level. In this case, we may retest the previous peak in the range of $73,000.
|
Support |
68800 | 67600 | 66500 | ||
| Resistance | 71350 | 73300 | – | ||
NASDAQ
Nasdaq index is trading sideways in the short term. If prices break above the $18,500 level, it’s likely to target the $18,800 area. However, if prices break below the $17,850 level, this scenario would be invalidated.
|
Support |
18330 | 18000 | 17850 | |||
| Resistance | 18500 | 18800 |
19000 |
|||
