EURUSD Technical Analysis: Trading in a sideways trend

EURUSD Technical Analysis

EURUSD Technical Analysis Today, the EUR/USD is trading in a sideways trend during the American session. The euro/dollar is trading at $1.0892, Trading appears above most moving average crosses. The MACD indicator also indicates the beginning of the emergence of strength in the upward trend.

Accordingly, we buy as the price breaks $1.0908, and the target could be $1.0934.

It is also recommended to choose the $1.0850 area as a stop loss point to control risks.

EURUSD Technical Analysis: On the other hand

If the stop loss area at $1.0850 is broken, the euro price may head towards the $1.0823 level.

EURUSD Technical Analysis, التحليل الفني اليورو دولار

EURUSD Technical Analysis: resistance and support levels

  • • Second resistance: 1.0902
  • • First resistance: 1.0898
  • • Pivot level: 1.0892
  • • First support: 1.0888
  • • Second support: 1.0882

GBPUSD Technical Analysis: It is trading in an upward trend

GBPUSD Technical Analysis: Today, the Pound Dollar is trading in an upward trend during the American session. The pound dollar is trading at $1.2726, and trading appears above most of the moving average intersections. The MACD indicator also indicates the emergence of a positive trend and based on this, we can buy from the price of $1.2747, and the target target could be the $1.2777 area. It is also recommended to choose the $1.2681 area as a stop loss point to control risk.

GBPUSD Technical Analysis: on the other hand

If the stop loss area at $1.2681 is broken, the pound price may head towards the $1.2649 level.

GBPUSD Technical Analysis, التحليل الفني الباوند دولار

GBPUSD Technical Analysis: resistance and support levels

  • • Second resistance: 1.2744
  • • First resistance: 1.2739
  • • Pivot level: 1.2731
  • • First support: 1.2726
  • • Second support: 1.2718

Gold Technical Analysis: XAUUSD is trading in a bearish trend

Gold Technical Analysis today, in the current American trading session, shows a bearish trend. Gold is currently trading at $2015.10 per ounce. Trading is below most moving average intersections, as can be clearly seen in the chart. For reference, the MACD indicator shows a positive downward trend.

Based on this analysis, we can consider a selling opportunity while waiting for the price of gold to fall to the target area of $2006.78 per ounce, and the next target may reach the area of $1997.22 per ounce. It is also preferable to set the $2023.94 per ounce area as a stop-loss point, in order to contribute to effective risk management.

Gold Technical Analysis: On the other hand

On the other hand, if the stop loss area at $2023.94 per ounce is broken, it could lead to the gold price falling towards the $2033.49 per ounce level.

Gold Technical Analysis, التحليل الفني للذهب

Gold Technical Analysis: resistance and support levels

  • Second resistance: 2019.22
  • First resistance: 2016.49
  • Pivot level: 2015.02
  • First support: 2012.29
  • Second support: 2010.82

Dow Jones US30 Technical Analysis: It trades in a sideways trend

Dow Jones US30 Technical Analysis Today, the Dow Jones Index is trading at the $37862 area. According to technical analysis, the current trend is a sideways trend in the American index prices. The price of the American index appears below most of the intersections of the moving averages, and the MACD indicator also shows the beginning of the emergence of negative selling signals as a result of the break of the cross channel.

Accordingly, we expect the index to return to the sideways trend again, so we will buy from the 38058 level, and we will also target the $38213 level as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $37796 area.

Dow Jones US30 Technical Analysis: On the other hand

If the stop loss area at $37796 is broken, targeting the $37651 level could be achieved.

Dow Jones US30 Technical Analysis, التحليل الفني لمؤشر الداو جونز

Dow Jones US30 Technical Analysis: resistance and support levels

  • • Second resistance: 37963.32
  • • Initial resistance: 37886.06
  • • Pivot level: 37841.38
  • • First support: 37764.12
  • • Second support: 37719.44