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 8-5-2024

0 7

DOLLAR INDEX

DXY

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

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

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

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

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

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

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

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