the EURUSD is trading Today, in a downward trend during the American session. The euro is trading at $1.0933, and as the chart shows, trading is below most of the moving average intersections. The MACD indicator also indicates the emergence of a negative trend indicating a weakness in buying power.
Accordingly, we can carry out a selling operation by waiting for the price of the euro/dollar to fall at the level of $1.0916, and the target could be the $1.0888 area. It is also recommended to choose the $1.0948 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
EURUSD Technical Analysis On the other hand, if the stop loss area at $1.0948 is broken, the euro price may head towards the $1.0974 level.
EURUSD Technical Analysis: resistance and support levels:
Second resistance: 1.0939
First resistance: 1.0936
Pivot level: 1.0932
First support: 1.0929
Second support: 1.0925
GBPUSD analysis: It is trading in a downward trend
The pound dollar is trading in a bearish trend today during the American session. The pound is trading at $1.2722, and as the chart shows, there is weakness in most of the moving average intersections. The MACD indicator indicates a positive trend indicating a weakness in buying power.
Based on the chart, we can carry out the selling process by waiting for the price of the pound dollar to fall to the area of $1.2705, and the target could be the area of $1.2676. It is also recommended to choose the $1.2738 area as a stop loss point to control risk.
GBPUSD analysis: On the other hand
GBPUSD analysis On the other hand, if the stop loss area at $1.2738 is broken, the pound price may head towards the $1.2764 level.
GBPUSD analysis: resistance and support levels
• Second resistance: 1.2731
• First resistance: 1.2722
• Pivot level: 1.2715
• First support: 1.2706
• Second support: 1.2699
Gold Price Today XAUUSD: is trading in a downward trend
Gold price Today XAUUSD, in the current American trading session, shows an upward trend. Gold is currently trading at $2039 per ounce. What is noteworthy is trading above most of the crossings of the moving averages, as can be clearly seen in the chart. For reference, the MACD indicator shows a negative trend, which indicates the emergence of weakness in selling power.
Based on this analysis, we can consider a buying opportunity while waiting for the gold price to rise to the target area of $2043 per ounce, and the next target may reach the $2049 per ounce area. It is also preferable to set the $2034 per ounce area as a stop-loss point, in order to contribute to effective risk management.
Gold price Today XAUUSD: On the other hand
Gold Price Today On the other hand, if the stop loss area at $2034 per ounce is broken, this could lead to a decline in the gold price towards the $2028 per ounce level.
Gold price Today XAUUSD: resistance and support levels
Second resistance: 2053.73
First resistance: 2049.31
Pivot level: 2043.43
First support: 2039.01
Second support: 2033.13
Dow Jones US30 Technical Analysis: trading bearish direction
Dow Jones US30 Technical Analysis, the Dow Jones Index is trading today at $37459. Based on current technical analysis, the current trend indicates a decline in the US index prices. The price of the American index shows weakness in most of the intersections of the moving averages, the MACD indicator provides negative signals, and weakness in selling power is noted.
Based on this analysis, we expect the downtrend in the Dow Jones to continue, so we will sell after the price drops to $37411, and our target profit target will be at $37330. To ensure effective risk control, it is recommended to set the stop loss point at $37509.
Dow Jones US30 Technical Analysis: On the other hand
Dow Jones US30 Technical Analysis On the other hand If the stop loss area at $37509 is broken, the Dow Jones could head towards additional support at $37584.
Dow Jones US30 Technical Analysis: resistance and support levels:
• Second resistance: 37749.88
• Initial resistance: 37713.98
• Pivot level: 37655.72
• First support: 37619.82
• Second support: 37561.56
