DOLLAR INDEX
Prices are trading within the range of $103.20, below the resistance zone at $104, where they have struggled to break through during the recent period. With the break of the secondary support zone at $103.20 to the downside, we may target the area around $102.30.
|
Support |
103.15 | 102.75 | 102.30 |
| Resistance | 103.5 | 104.20 |
104.80 |
EURUSD
Prices are trading in a sideways range between the zone at $1.0785 and a significant resistance zone in the range of $1.0900. In the event of breaking above this resistance, we may target $1.1000.
|
Support |
1.0850 | 1.0800 | 1.0780 |
| Resistance | 1.0900 | 1.0935 |
1.1000 |
USDJPY
Prices are trading above important support levels within the range of 148.5. 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 |
148.50 | 147.5 | 146 |
| Resistance | 149.10 | 149.70 |
150.50 |
GOLD
Prices rose rapidly in the previous trading sessions, reaching the target within the range of $2140. With upward breakthroughs and prices maintaining trading above $2140, which represents a previous peak, the continuation of the upward trend is expected.
|
Support |
2100 | 2085 | 2060 |
| Resistance | 2180 | 2200 |
2220 |
USOIL
The prices are trading around a secondary support zone within the range of $77. In case of a breakdown below this level, we may target $75.70. On the other hand, if the previous peak within the range of $80.50 is breached to the upside, we may target the zone around $83.
|
Support |
77.25 | 75.7 | 73 |
| Resistance | 78.5 | 80.5 |
83 |
