EURUSD Technical Analysis, The EUR/USD is trading in an upward trend today during the European session. The euro is trading at $1.0849, 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 $1.0860 level, and the target could be the $1.0890 area. It is also recommended to choose the $1.0830 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the support area at $1.0830 is broken, the euro price may head towards the $1.0800 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0851
• First resistance: 1.0849
• Pivot level: 1.0846
• First support: 1.0844
• Second support: 1.0841
GBPUSD Technical Analysis: It is trading in an upward trend
GBPUSD Technical Analysis, the pound dollar is trading in an upward trend today during the European session. The pound is trading at $1.2675, as shown in the chart shown above most of the moving average intersections. 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 $1.2690 area, and the target could be the $1.2720 area. It is also recommended to choose the $1.2670 area as a stop loss point to control risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the support area at $1.2670 is broken, the pound price may head towards the $1.2640 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2672
• First resistance: 1.2669
• Pivot level: 1.2665
• First support: 1.2662
• Second support: 1.2658
Gold Technical Analysis: gold price today
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 $2087 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 $2090 per ounce, and the target could be the $2094 area per ounce. It is also recommended to choose the $2084 per ounce area as a stop loss point to control risk.
Gold Technical Analysis: On the other hand
On the other hand, if the support area at $2084 per ounce is broken, the gold price may head towards the $2080 per ounce level.
Gold Technical Analysis: resistance and support levels
• Second resistance: 2094.13
• First resistance: 2093.11
• Pivot level: 2091.33
• First support: 2090.31
• Second support: 2088.53
