EURUSD Technical Analysis: The Euro/Dollar is in a weak downward trend today during the American session. The Euro/Dollar is trading at $1.0844, where prices appear to be trading above most of the moving average intersections shown on the chart. The MACD indicator also indicates a weak negative trend with a decline in sell orders. Accordingly, we can look to sell from a decline to the price of $1.0830, and the target could be the $1.0814 area. It is also recommended to choose the $1.0864 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at $1.0864 is broken, the euro price may head towards the $1.0878 level.
EURUSD Technical Analysis: resistance and support levels
- • Second resistance: 1.0861
- • First resistance: 1.0855
- • Pivot level: 1.0848
- • First support: 1.0840
- • Second support: 1.0833
GBPUSD Technical Analysis: decline within the sideways trend
GBPUSD Technical Analysis of the pound dollar today is in a downward trend within the sideways trend during the American session. The pound is trading at $1.2677, and trading appears below most of the moving average intersections. As the MACD indicator indicates a downward trend, accordingly, we can look to sell from a drop to the price of $1.2664, and the targeted target could be the $1.2646 area. It is also recommended to choose the $1.2708 area as a stop loss point to control risks.
GBPUSD Technical Analysis: on the other side
On the other hand, if the stop loss area at $1.2708 is broken, the pound price may head towards the $1.2721 level.
GBPUSD Technical Analysis: resistance and support levels
- • Second resistance: 1.2700
- • First resistance: 1.2695
- • Pivot level: 1.2680
- • First support: 1.2664
- • Second support: 1.2651
USOIL Technical Analysis: Oil prices decline
USOIL Technical Analysis, in the global oil market, the price is trading at the area of $76.19 per barrel. According to technical analysis, the current trend indicates the beginning of a downward trend with prices trading below the moving average intersections, and the MACD indicator also shows negative signs.
Accordingly, it is possible to sell from a decline to the price of 75.78, and we will target $75.12 per barrel as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $77.61 per barrel area.
USOIL Technical Analysis: On the other side
If the stop loss area at 77.61 per barrel is broken, targeting the additional support level at $78.10 per barrel could be achieved.
USOIL Technical Analysis: resistance and support levels
- • Second resistance: 76.60
- • First resistance: 76.45
- • Pivot level: 76.22
- • First support: 76.00
- • Second support: 75.75
Dow Jones US30 Technical Analysis: It is trading in upward trend
Dow Jones US30 Technical Analysis is trading at $38313. According to technical analysis, the current trend is an upward trend in the American index prices. The price of the American index appears above most of the intersections of the moving averages, and the MACD indicator also shows positive signs.
Accordingly, we expect the index to take an upward trend, so we will buy from the rise to the 38458 level, and we will also target the $38650 level as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $37998 area.
Dow Jones US30 Technical Analysis: On the other hand
If the stop loss area at $37998 is broken, targeting the additional support level at $37829 could be achieved.
Dow Jones US30 Technical Analysis: resistance and support:
- Second resistance: 38490.10
- Initial resistance: 38410.40
- Pivot level: 38350.10
- First support: 38210.25
- Second support: 38170.90
