EURUSD Technical Analysis, The EUR/USD is trading in a bearish trend today during the European session. The euro is trading at $1.0765, and as the chart shows, trading is below most of the moving average intersections. The MACD indicator also indicates a negative trend indicating a weakness in selling power.
Accordingly, we can carry out a selling operation if the Euro/Dollar price breaks at the level of $1.0758. and the target could be the $1.0741 area. It is also recommended to choose the $1.0775 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
EURUSD Technical Analysis, On the other hand, if the stop loss area at $1.0775 is broken. the euro price may head towards the $1.0793 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0781
• First resistance: 1.0774
• Pivot level: 1.0768
• First support: 1.0761
• Second support: 1.0755
GBPUSD Technical Analysis: It trades in a sideways direction
GBPUSD Technical Analysis ,The pound dollar is trading today in a sideways trend inclined to the upside during the European session. The pound is trading at $1.2641, and as the chart shows, the pound is trading above most of the intersections of the moving averages. The MACD indicator also indicates a positive trend indicating the presence of buying power.
Accordingly, we can make a purchase if the price of the pound/dollar pair breaks the $1.2655 area, and the target could be the $1.2682 area. It is also recommended to choose the $1.2627 area as a stop loss point to control risk.
GBPUSD Technical Analysis: On the other hand
GBPUSD Technical Analysis ,On the other hand, if the stop loss area at $1.2627 is broken. the pound price may head towards the $1.2600 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2662
• First resistance: 1.2652
• Pivot level: 1.2644
• First support: 1.2634
• Second support: 1.2626
Gold Technical Analysis: today’s gold price
Gold Technical Analysis, the price of gold today against the dollar during the European session is in a general upward trend. Gold is trading at $2025 per ounce, and trading appears above most of the moving average intersections, as shown in the chart. The MACD indicator also indicates a positive trend indicating the presence of buying power.
Accordingly, we can buy while waiting for the price of the yellow metal, gold, to rise to the area of $2029 per ounce, and the target could be the $2036 area per ounce. It is also recommended to choose the 2021 dollar per ounce area as a stop loss point to control risk.
Gold Technical Analysis: On the other hand
Gold Technical Analysis,On the other hand, if the stop loss area at $2021 per ounce is broken, the gold price may head towards the $2015 per ounce level.
Gold Technical Analysis: resistance and support levels
• Second resistance: 2062.00
• First resistance: 2060.55
• Pivot level: 2058.40
• First support: 2056.95
• Second support: 2054.80
