NZDUSD Technical Analysis: The New Zealand Dollar is trading today in a bearish direction during the American session, as the price of the New Zealand Dollar is trading at 0.6094, and trading appears below most of the moving average intersections. The MACD indicator also indicates negative signals.
Based on this, we can look to sell from the drop to the price of 0.6077, and the targeted target could be the 0.6055 area. It is also recommended to choose the 0.6123 area as a stop loss point to control risk.
NZDUSD Technical Analysis: On the other hand
On the other hand, if the buy zone at 0.6123 is broken, the New Zealand price may head towards the 0.6138 level.
NZDUSD Technical Analysis: Resistance and Support:
• Second resistance: 0.6117
• First resistance: 0.6109
• Pivot level: 0.6100
• First support: 0.6085
• Second support: 0.6071
EURUSD Technical Analysis: bearish trading
EURUSD Technical Analysis: The Euro/Dollar is in a downward trend today during the American session. The Euro/Dollar is trading at $1.0821, where prices appear to trade below most of the moving average intersections shown on the chart. The MACD indicator also indicates a negative trend and, accordingly, we can look to sell from a drop to the price of $1.0811, and the target could be the $1.0797 area. It is also recommended to choose the $1.0837 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0837 buy zone is broken, the target is $1.0846.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0846
• First resistance: 1.0835
• Pivot level: 1.0827
• First support: 1.0815
• Second support: 1.0809
USOIL Technical Analysis: Oil prices rise
USOIL Technical Analysis, in the global oil market, the price is trading at the area of $78.99 per barrel. According to technical analysis, the current trend indicates an upward trend with prices trading above the crossings of the moving average, and the MACD indicator also shows a positive trend.
Accordingly, buying can rise to the price of 79.45, and we will target $80.03 per barrel as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $78.08 per barrel area.
USOIL Technical Analysis: On the other side
If the selling area of 78.06 per barrel is broken, the target will be $77.65 per barrel.
USOIL Technical Analysis: resistance and support levels
• Second resistance: 79.74
• First resistance: 79.59
• Pivot level: 79.28
• First support: 78.69
• Second support: 78.41
Dow Jones US30 Technical Analysis: is trading in downward trend
Dow Jones US30 Technical Analysis is trading at $38915. According to technical analysis, the current trend is a downward trend in the American index prices. The price of the American index appears below most of the crossings of the moving averages, and the MACD indicator also shows negative signs.
Accordingly, we expect the index to take a downward trend, so we will sell from the decline to the 38842 level, targeting the $38747 level as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $39016 area.
Dow Jones US30 Technical Analysis: On the other hand
In case the $39016 buy zone is broken, the target is $39078.
Dow Jones US30 Technical Analysis: resistance and support
Second resistance: 38995.34
Initial resistance: 38971.23
Pivot level: 38940.13
First support: 38884.69
Second support: 38853.80
