Gold Technical Analysis: The price of gold is trading today at $2028 per ounce. Trading appears in an upward trend, and the rise appears within the sideways trend, as the price of gold is trading above the intersections of the Moving Average indicators. As for the MACD indicator, it indicates positive signals.
Accordingly, we can look to buy from the rise to the price of $2031 per ounce, and target the $2037 per ounce area to take profits, while setting the $2022 per ounce area as a stop loss.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area of $2022 per ounce is broken, the price may head to the $2019 per ounce area.
Gold Technical Analysis: Resistance and Support Levels:
- • Second resistance: 2032.20
- • First resistance: 2030.66
- • Pivot level: 2029.25
- • First support: 2027.80
- • Second support: 2025.91
USOIL Technical Analysis: USOIL is trading in an upward trend
USOIL Technical Analysis, in the global oil market, the price is trading at $77.64 per barrel. According to technical analysis, the current trend indicates a weak upward trend with prices trading above the intersections of the moving average, and the MACD indicator also shows positive signs, albeit weak ones.
Accordingly, we can buy from the rise to the price of 78.31, and we will target $79.34 per barrel as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at $76.33 per barrel.
USOIL Technical Analysis: On the other side
If the stop loss area at 76.33 per barrel is broken, targeting the additional support level at $75.54 per barrel could be achieved.
USOIL Technical Analysis: USOIL resistance and support levels
- • Second resistance: 78.22
- • First resistance: 77.95
- • Pivot level: 77.70
- • First support: 77.45
- • Second support: 77.15
NZDUSD Technical Analysis: the beginning of an upward trend
NZDUSD Technical Analysis: The New Zealand Dollar is trading today at the beginning of an upward trend and within the consolidation zone during the American session. The New Zealand Dollar price is trading at 0.6112, and trading appears above most of the moving average intersections. The MACD indicator also indicates the emergence of positive signals
Based on this, we can look to buy from the rise to the price of 0.6117, and the targeted target could be the 0.6125 area. It is also recommended to choose the 0.6098 area as a stop loss point to control risk.
NZDUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at 0.6098 is broken, the NZD price may head towards the 0.6092 level.
NZDUSD Technical Analysis Resistance and Support:
- • Second resistance: 0.6124
- • First resistance: 0.6120
- • Pivot level: 0.6117
- • First support: 0.6109
- • Second support: 0.6102
USDJPY Technical Analysis: Trading within a sideways trend
USDJPY Technical Analysis today in an upward trend within the sideways trend during the American session. The price of the USDJPY is trading at 147.94, and trading appears above most of the moving average intersections. The MACD indicator also indicates the emergence of a positive trend
Accordingly, we can look to buy from the rise to the price of 148.10, with the targeted target being the 148.40 area. It is also recommended to choose the 147.54 area as a stop-loss point to control risks.
USDJPY Technical Analysis: on the other hand
On the other hand, if the stop loss area at 147.54 is broken, the USDJPY price may head towards the 147.31 level.
USDJPY Technical Analysis: resistance and support levels
- • Second resistance: 148.15
- • First resistance: 148.08
- • Pivot level: 147.99
- • First support: 147.95
- • Second support: 147.84
