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Daily Technical Report 4-3-2024

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DOLLAR INDEX

Daily Technical Report

The prices are trading in a narrow range between the resistance zone at 104.15 and the support at 103.4. It is likely that the sideways trend will continue in the short term.

Support

103.50 103.15 102.75
Resistance 104.10 104.80

105.25

EURUSD

Daily Technical Report

Prices are trading within the range of 1.0840, above the support levels at 1.0785. With this, we may target 1.0900 again. This scenario is ruled out if the previously mentioned support area is broken downward.

Support

1.0800 1.0785 1.0750
Resistance 1.0855 1.0900

1.0935

GBPUSD

Daily Technical Report

The prices are trading above the level of 1.2630, and in this case, we may target the area of 1.2800. This scenario is ruled out with a renewed break below 1.2630.

Support

1.2630 1.2530 1.2500
Resistance 1.2700 1.2750

1.2800

USDJPY

Daily Technical Report

Prices are trading above important support levels within the range of 149.5. With the prices stabilizing above these levels, it is expected that the upward movement will resume. This scenario is negated if the support zone mentioned earlier is broken to the downside.

Support

149.80 149.5 148.5
Resistance 148.5 151

151.50

GOLD

Daily Technical Report

Prices rose rapidly in the previous trading sessions, reaching crucial resistance levels in the range of $2085. It is likely that these levels will limit the pace of the price ascent.

Support

2070 2060 2040
Resistance 2085 2100

2140

USOIL

Daily Technical Report

Prices are trading above a crucial support zone in the range of $78.5. In the event of breaking the previous peak in the range of $80.50 to the upside, we may target the area of $83. However, this scenario is invalidated if the price breaks below $78.50 to the downside.

Support

78.5 77.25 76
Resistance 80.35 83

BTCUSD 

Daily Technical Report

The Bitcoin is moving in an upward direction in the medium term, with prices having risen rapidly in recent trades, reaching the range of $64,000. With prices maintaining levels above $60,750, the upward trend is likely to continue.

Support

60750 58700 56570
Resistance 64200 66350

69000

DOWJONES

Daily Technical Report

The Dow Jones index is trading in an upward direction on the medium-term. There is a likelihood of breaking through the $39,050 area to the upside and targeting $39,300. This scenario would be invalidated if there is a break below the support level at $38,750.

Support

38800 38550
Resistance 39050 39300

39700

NASDAQ

Daily Technical Report

The Nasdaq index is trading in an upward direction on the medium-term, and there is a likelihood of continuing this trend on the short-term as long as prices remain above the $17,950 level.

Support

17950 17650 17450
Resistance 18450 18800

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