DOLLAR INDEX
The dollar index is trading around the 105.30 level after rebounding from the support zone at 104.75. Prices are likely to move sideways between the aforementioned support zone and the resistance zone at 106.3 in the upcoming sessions.
|
Support |
104.75 | 104.50 | 104.00 | |||
| Resistance | 106.30 | 107.15 |
– |
|||
EURUSD
Prices are trading around support levels in the range of 1.0740, where it is likely to break below those levels. However, in case of staying above those levels, we may test the area of 1.0775.
|
Support |
1.0730 | 1.0700 | 1.0650 | |||
| Resistance | 1.0775 | 1.0810 |
1.0860 |
|||
GBPUSD
The GBP/USD pair failed to hold above the area of 1.2530, thus it is likely to target the area of 1.2430. This scenario would be invalidated by a re-break above the 1.2530 level once again.
|
Support |
1.2470 | 1.2430 | 1.2370 | ||
| Resistance | 1.2530 | 1.2580 |
1.2630 |
||
USDJPY
Prices have broken above the area of 154.70, indicating a likelihood of retesting the 156 level once again. This scenario would be invalidated by a re-break below the 154.70 level.
|
Support |
154.7 | 154 | 152.8 | |||
| Resistance | 155.8 | 156.25 | – | |||
GOLD
Prices are moving sideways in the short term, trading expected to be confined between $2325 and $2305 today.
|
Support |
2275 | 2265 | 2230 | |||
| Resistance | 2320 | 2330 |
2355 |
|||
USOIL
Prices tested the support level at $77.5 for oil, and if it breaks below, we may target $76. However, this scenario would be invalidated by a break above $78.80.
|
Support |
77.8 | 77.5 | 76.5 | |||
| Resistance | 79.4 | 80 |
80.5 |
|||
BTCUSD
Bitcoin declined from the resistance zone at $64,600, and if it breaks above, we may target $67,300. However, it is likely that we will retest the zone around $61,000.
|
Support |
61500 | 60000 | 59000 | ||
| Resistance | 64800 | 65200 |
67300 |
||
