USOIL Technical Analysis Today, we find the price of oil trading at $73.43 per barrel. Based on current technical analysis, the current trend shows an upward trend in oil prices. The strength of this trend indicates a clear rise in the price of oil, as most of the moving average intersections were trading above. In addition, the MACD indicator provides strength signals to buy.
Based on this analysis, we will wait for oil to rise to the target level of $73.93 per barrel, while choosing $74.73 as a profit-taking target. It is necessary to set the stop loss point at the $72.66 area
USOIL Technical Analysis: on the other hand
If the stop loss area at $72.66 per barrel is broken, the oil price could head towards the additional support level at $72.00 per barrel.
USOIL Technical Analysis: resistance and support levels:
• Second resistance: 74.50
• First resistance: 74.00
• Pivot level:. 73.11
• First support: 72.50
• Second support: 72.30
Dow Jones US30 Technical Analysis: It is trading in an upward trend
Dow Jones US30 Technical Analysis Today, the Dow Jones Index is trading at the $37,423 area. 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 moving average intersections, and the MACD indicator also shows positive signs
Accordingly, we expect the index to take an upward trend, so we will buy from the level of 37749, and we will also target the level of $37999 as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $37,315 area.
Dow Jones US30 Technical Analysis: on the other hand
If the stop loss area at $37,315 is broken, targeting the additional support level at $37,081 could be achieved.
Dow Jones US30 Technical Analysis: resistance and support levels:
• Second resistance: 37900.58
• Initial resistance: 37800.82
• Pivot level: 37578.55
• First support: 37200.02
• Second support: 37100.38
GBPUSD Technical Analysis: is trading in a downward trend
GBPUSD Technical Analysis Today, the Pound Dollar is trading in a bearish trend during the American session. The pound dollar is trading at $1.2639, and trading appears below most of the moving average intersections. The MACD indicator also indicates the emergence of a negative trend and based on that, we can sell from the price of $1.2611, and the target target could be the $1.2570 area. It is also recommended to choose the $1.2677 area as a stop loss point to control risks.
GBPUSD Technical Analysis: on the other hand
If the stop loss area at $1.2677 is breached, the pound price may head towards the $1.2570 level.
GBPUSD Technical Analysis: resistance and support levels:
• Second resistance: 1.2700
• First resistance: 1.2690
• Pivot level: 1.2634
• First support: 1.2600
• Second support: 1.2590
NZDUSD Technical Analysis trading in a downward trend
NZDUSD Technical Analysis today in a bearish trend during the American session. The New Zealand dollar is trading at 0.6156, and trading appears below most of the moving average intersections. The MACD indicator also indicates a negative trend indicating the presence of selling power.
Accordingly, we can consider selling while waiting for the price of the New Zealand Dollar pair to fall at the level of 0.6137, and the target could be the 0.6102 area. It is also recommended to choose the 0.6189 area as a stop loss point to control risk.
NZDUSD Technical Analysis: On the other side
On the other hand, if the stop loss area at 0.6189 is broken, the New Zealand Dollar price may head towards the 0.6222 level.
NZDUSD Technical Analysis: resistance and support levels
• Second resistance: 0.6210
• First resistance: 0.6200
• Pivot level: 0.6156
• First support: 0.6130
• Second support: 0.6120
