EURUSD Technical Analysis: The Euro/Dollar is in a downward trend today during the American session. The Euro/Dollar is trading at $1.0891, where prices appear to be trading above 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 $1.0881, and the target could be the $1.0851 area. It is also recommended to choose the $1.0930 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0911 buy zone is broken, the target is $1.0931.
EURUSD Technical Analysis: resistance and support levels
- Second resistance: 1.0902
- First resistance: 1.0898
- Pivot level: 1.0892
- First support: 1.0887
- Second support: 1.0882
GBPUSD Technical Analysis: bearish trading
GBPUSD Technical Analysis today is in a downward trend during the American session. The pound is trading at $1.2747, and trading appears below most of the moving average intersections. The MACD indicator also indicates a negative trend. Accordingly, we can look to sell from a drop to the price of $1.2734, and the target could be the $1.2717 area. It is also recommended to choose the $1.2767 area as a stop loss point to control risks.
GBPUSD Technical Analysis: on the other side
On the other hand, if the buy zone at $1.2767 is broken, the pound price may head towards the $1.2787 level.
GBPUSD Technical Analysis: resistance and support levels
- Second resistance: 1.2766
- First resistance: 1.2761
- Pivot level: 1.2754
- First support: 1.2742
- Second support: 1.2737
USOIL Technical Analysis: Oil prices rise
USOIL Technical Analysis, in the global oil market, the price is trading at the area of $80.51 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 80.78, and we will target $81.30 per barrel as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $80.20 per barrel area.
USOIL Technical Analysis: On the other side
If the 80.20 per barrel selling zone is broken, the target will be $79.92 per barrel.
USOIL Technical Analysis: resistance and support levels
- Second resistance: 81.36
- First resistance: 81.19
- Pivot level: 80.86
- First support: 80.69
- Second support: 80.36
Tesla Stock Technical Analysis: is trading in bearish trend today
Tesla Stock Technical Analysis. Tesla stock is trading today in the American stock market at the $162.50 per share area. According to technical analysis, the current trend indicates a downward trend in Tesla stock prices. Tesla stock price reflects trading below most of the moving average crossings, and the MACD indicator is showing negative signs
Accordingly, we expect Tesla’s share price to fall, so we can sell, waiting for the price to fall at the level of $160.27 per share to enter the selling process, and we target the level of $158.45 per share as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at $163.77 per share.
Tesla Stock Technical Analysis: On the other hand
If the buy zone of $163.77 per share is broken, the target will be $165.61 per share.
Tesla Stock Technical Analysis: resistance and support levels
- Second resistance: 164.46
- First resistance: 162.71
- Pivot level: 161.78
- First support: 160.03
- Second support: 159.1
