GBPUSD Technical Analysis, the pound dollar is trading in an upward trend today during the European session. The pound is trading at $1. 2664, and as the chart shows, the pound is trading above most of the moving average intersections. The MACD indicator also indicates a positive trend indicating a weakness in buying power.
Accordingly, we can make a purchase if the price of the pound/dollar pair breaks the $1.2680 area, and the target could be the $1. 2710 area. It is also recommended to choose the $1. 2644 area as a stop loss point to control risk.
GBPUSD analysis: On the other hand
GBPUSD Technical Analysis, On the other hand, if the stop loss area at $1. 2644 is broken, the pound price may head towards the $1. 2614 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2654
• First resistance: 1.2651
• Pivot level: 1.2648
• First support: 1.2645
• Second support: 1.2642
Gold Technical Analysis: gold price today
Gold Technical Analysis, the price of gold today against the dollar during the European session is in a general upward trend. Gold is trading at $2030 per ounce, and trading appears above most of the moving average intersections, as shown in the chart. The MACD indicator also indicates a positive trend indicating the presence of buying power.
Accordingly, we can buy while waiting for the price of the yellow metal, gold, to rise to the area of $2034 per ounce, and the target could be the $2040 area per ounce. It is also recommended to choose the $2026 per ounce area as a stop loss point to control risk.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area at $2026 per ounce is broken, the gold price may head towards the $2020 per ounce level.
Gold Technical Analysis: resistance and support levels
• Second resistance: 2042.90
• First resistance: 2041.85
• Pivot level: 2040.95
• First support: 2039.90
• Second support: 2039.00
EURUSD Technical Analysis: It is trading in an upward trend
EURUSD Technical Analysis, The EUR/USD is trading in an upward trend today during the European session. The euro is trading at $1.0849, and as the chart shows, it is trading above most of the moving average intersections. The MACD indicator also indicates a positive trend indicating the presence of buying power.
Accordingly, we can make a purchase if the Euro/Dollar price breaks at the $1.0870 level, and the target could be the $1.0900 area. It is also recommended to choose the $1.0829 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
EURUSD Technical Analysis, On the other hand, if the stop loss area at $1.0829 is broken, the euro price may head towards the $1.0800 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0844
• First resistance: 1.0841
• Pivot level: 1.0837
• First support: 1.0834
• Second support: 1.0830
