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 27-5-2024

0 5

DOLLAR INDEX

DXY

The Dollar Index is trading around the 104.75 region. If it remains stable above this level, it will pave the way to target the resistance area at 105.55. This scenario will be invalidated by a break below the secondary support region at 104.40.

Support

104.40 104.00 103.60
Resistance 105.05 105.55

106.3

EURUSD

EURUSD

The EUR/USD pair rebounded upwards from a support area within the 1.0800 range, reaching secondary resistance levels in the 1.0850 range. Prices are expected to decline and target the aforementioned support areas in upcoming trades. This scenario will be invalidated if the primary resistance area at 1.0880 is breached again.

Support

1.0810 1.0765 1.0740
Resistance 1.0850 1.0890

1.0960

GBPUSD

GBPUSD

Prices are trading sideways between the resistance area at 1.2745 and the support area at 1.2685. It is expected that the support area mentioned will be retested in today’s trades. This scenario will be invalidated if the 1.2745 area is breached to the upside.

Support

1.2690 1.2625 1.2580
Resistance 1.2745 1.2790

1.2825

USDJPY

USDJPY

The prices have breached the resistance area in the 156.50 range to the upside, potentially targeting the 158 area. This scenario will be invalidated if the 156.50 level is broken downwards again.

Support

156.75 157.75 158
Resistance 157.25 158

158.40

GOLD

GOLD

Gold is trading above the support area of $2325. If this level is broken to the downside, the target could be the $2275 area. However, if the secondary resistance area at $2350 is breached, the target could be $2370.

Support

2325 2305 2275
Resistance 2350 2370

2400

USOIL

USOIL

Oil rebounded from near the support areas around $76 in previous trades, and it is likely to target the secondary resistance area at $78.50.

Support

76.80 76.50 76.15
Resistance 78.50 79.50

80.5

BTCUSD

BTCUSD

Bitcoin has declined in previous trades, reaching the important support area at $66,800. If this level is broken to the downside, the target could be $64,600. However, it is more likely that prices will move sideways between the mentioned support area and the resistance area at $71,400.

Support

66800 64600 61000
Resistance 71400 74000

DOW JONES

DOWJONES

The Dow Jones Index has declined from near the resistance area at $40,000, which represents the previous main peak, to the $39,000 area, which serves as a support level. If this support level is broken to the downside, the target could be the $38,500 area. However, it is more likely that prices will move sideways between the $39,000 support area and the $39,450 resistance area.

Support

39000 38770 38500
Resistance 39450 39650

40000

NASDAQ

NASDQ

The Nasdaq Index has broken through its previous main peak at 18,400 in recent trades, confirming its upward trend in the medium term. The index has rebounded from support areas within the 18,550 range. It is likely that prices will move sideways between the support area at 18,550 and the resistance area at 18,950.

Support

18585 18400 18360
Resistance 18870 18950

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