Dow Jones US30 Technical Analysis today, the Dow Jones Index is trading at the $37,163 area. 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 bearish trend, so we will sell from the 36983 level, and we will also target the $36703 level as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $37,383 area.
Dow Jones US30 Technical Analysis: on the other hand
In case the stop loss area at $37,383 is broken, targeting the additional level at $37,701 could be achieved
Dow Jones US30 Technical Analysis: resistance and support levels
• Second resistance: 37500.58
• Initial resistance: 37400.82
• Pivot level: 37328.83
• First support: 36900.02
• Second support: 36800.38
USOIL Technical Analysis: a general bearish trend
USOIL Technical Analysis Today, we find the price of oil trading at $70.92 per barrel. Based on current technical analysis, the current trend shows a bearish trend in oil prices. The strength of this trend indicates a clear decline in the price of oil, as it traded below most of the intersections of the moving averages. In addition, the MACD indicator provides strength signals to sell.
Based on this analysis, we will wait for oil to fall to the target level of $70.17 per barrel, choosing $69.45 as the target to take profits. It is necessary to set the stop loss point at the $71.94 area
USOIL Technical Analysis: on the other hand
If the stop loss area at $71.94 per barrel is broken, the oil price could head towards the additional level at $72.53 per barrel.
USOIL Technical Analysis: resistance and support levels
• Second resistance: 72.40
• First resistance: 72.20
• Pivot level: 71.10
• First support: 70.00
• Second support: 69.80
EURUSD Technical Analysis is trading in a downward trend
EURUSD Technical Analysis Today, the EUR/USD is trading in a bearish trend during the American session. The euro/dollar is trading at $1.0877, and trading appears below most of the moving average intersections. The MACD indicator also indicates the emergence of a negative trend and the emergence of selling strength
Accordingly, we sell from the price of $1.0858, and the target target could be the $1.0827 area.
It is also recommended to choose the $1.0899 area as a stop loss point to control risk.
EURUSD Technical Analysis: on the other hand
If the stop loss area at $1.0899 is breached, the euro price may head towards the $1.0928 level.
EURUSD Technical Analysis: resistance and support levels:
• Second resistance: 1.0925
• First resistance: 1.0920
• Pivot level: 1.0877
• First support: 1.0840
• Second support: 1.0830
GBPJPY Technical Analysis: is trading in an upward trend today
GBPJPY Technical Analysis: The Pound Yen is trading during the American session at a price of 187.08, and trading shows strength in most of the moving average intersections. The MACD indicator also indicates a positive trend indicating the presence of buying strength.
Accordingly, we can consider buying while waiting for the price to rise at the 187.86 area, and the target could be the 189.74 area. It is also recommended to choose the 185.08 area as a stop loss point to control risks.
GBPJPY Technical Analysis: on the other hand
If the stop loss area at 185.08 is broken, the pound price may head towards the 183.48 level
GBPJPY Technical Analysis: resistance and support levels
• Second resistance: 189.60
• First resistance: 188.40
• Pivot level: 187.08
• First support: 184.00
• Second support: 183.70
