Dow Jones US30 Technical Analysis is at $37409. 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 37340 level, and we will also target the $37275 level as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $37495 area.
Dow Jones US30 Technical Analysis: On the other hand
In case the stop loss area at $37495 is broken, targeting the additional support level at $37542 could be achieved.
Dow Jones US30 Technical Analysis: resistance and support
Second resistance: 37455.52
Initial resistance: 37435.48
Pivot level: 37420.15
First support: 37391.94
Second support: 37377.88
Gold Technical Analysis: bearish trading
Gold Technical Analysis: The price of gold is trading today at $2038 per ounce. Trading appears in a downward direction after the US economic data came in a positive light, including the index of employment change in the non-agricultural sector and the unemployment rate, as the price of gold is trading below the intersections of the Moving Average indicators, with respect to the indicator. The MACD indicates the emergence of a negative trend
Based on this, we can look to sell from a decline to the price of $2030 per ounce, and target the $2022 per ounce area to take profits while setting the $2050 per ounce area as a stop loss.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area of $2050 per ounce is broken, the price may head to the $2056 per ounce area.
Gold Technical Analysis: Resistance and Support Levels:
• Second resistance: 2047.10
• First resistance: 2040.20
• Pivot level: 2038.25
• First support: 2033.90
• Second support: 2027.77
EURUSD Technical Analysis: bearish trading
Technical Analysis: The EURUSD is in a bearish trend today during the American session amid anticipation of the release of important American data, including the Non-Farm Employment Change and the unemployment rate. The Euro/Dollar is trading at $1.0914, where prices appear to trade below most of the moving average intersections shown on the chart. The MACD indicator also indicates the emergence of a negative trend and, accordingly, we can look to sell from a drop to the price of $1.0891, and the target could be the $1.0859 area. It is also recommended to choose the $1.0972 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at $1.0972 is broken, the euro price may head towards the $1.0996 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0932
• First resistance: 1.0925
• Pivot level: 1.0920
• First support: 1.0902
• Second support: 1.0891
NZDUSD Technical Analysis: strong decline
NZDUSD Technical Analysis trading in an upward trend today during the American session. The New Zealand Dollar price is trading at 0.6194, and trading appears below most of the moving average intersections. The MACD indicator also indicates a negative trend with the emergence of the strength of the dollar after the release of the non-agricultural employment change index and the unemployment rate in a positive manner.
Accordingly, we can look to sell from the drop to the price of 0.6170, and the targeted target could be the 0.6141 area. It is also recommended to choose the 0.6245 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 0.6245 is broken, the NZD price may head towards the 0.6268 level.
NZDUSD Technical Analysis :Resistance and Support
• Second resistance: 0.6222
• First resistance: 0.6215
• Pivot level: 0.6205
• First support: 0.6183
• Second support: 0.6175
