EURUSD Technical Analysis ,The EUR/USD is trading in an upward trend today during the European session. The euro is trading at $1.0732, and as the chart shows, it is trading above most of the moving average intersections. The MACD indicator also indicates a positive trend indicating a weakness in buying power.
Accordingly, we can make a purchase if the Euro/Dollar price breaks at the level of $1.0742, and the target could be the $1.0763 area. It is also recommended to choose the $1.0721 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 $1.0721 is broken, the euro price may head towards the $1.0700 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0738
• First resistance: 1.0735
• Pivot level: 1.0731
• First support: 1.0728
• Second support: 1.0724
GBPUSD Technical Analysis: It trades in a sideways direction
GBPUSD Technical Analysis ,The pound dollar is trading today in a sideways trend inclined to decline during the European session. The pound is trading at $1.2542, and as the chart shows, the pound is trading below most of the moving average intersections. The MACD indicator also indicates a negative trend indicating the presence of selling power.
Accordingly, we can carry out a selling operation if the price of the pound/dollar pair breaks the $1.2527 area, and the target could be the $1.2497 area. It is also recommended to choose the $1.2558 area as a stop loss point to control risks.
GBPUSD Technical Analysis: On the other hand
GBPUSD Technical Analysis ,On the other hand, if the stop loss area at $1.2558 is broken, the pound price may head towards the $1.2593 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2579
• First resistance: 1.2574
• Pivot level: 1.2569
• First support: 1.2564
• Second support: 1.2559
Gold Technical Analysis: gold price today
Gold Technical Analysis, gold price today against the dollar during the European session in a sideways trend. We advise against trading until there are clear signs of a trend.
