GBPUSD Technical Analysis, the pound dollar is trading in an upward trend today during the European session. The pound is trading at $1.2712, and as the chart shows, the pound is trading weakly at 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 while waiting for the price of the pound-dollar pair to rise to the $1.2725 area, and the target could be the $1.2750 area. It is also recommended to choose the $1.2697 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 $1.2697 is broken, the pound price may head towards the $1.2670 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2712
• First resistance: 1.2708
• Pivot level: 1.2704
• First support: 1.2700
• Second support: 1.2696
EURUSD Technical Analysis: It is trading in an upward trend
Today, the EUR/USD is trading in an upward trend during the European session. The euro is trading at $1.0873, and as the chart shows, it is trading above most of the moving average intersections. The MACD indicator also indicates a negative trend indicating a weakness in selling power.
Accordingly, we can make a purchase while waiting for the price to rise at the level of $1.0883, and the target could be the $1.0905 area. It is also recommended to choose the $1.0862 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 $1.0862 is broken, the euro price may head towards the $1.0840 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0870
• First resistance: 1.0867
• Pivot level: 1.0864
• First support: 1.0861
• Second support: 1.0858
Gold Technical Analysis XAUUSD: gold price today
Gold Technical Analysis, the price of gold today against the dollar during the European session in a general sideways trend. Gold is trading at $2028 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 $2032 per ounce, and the target could be the $2037 area per ounce. It is also advisable to choose the $2025 per ounce area as a stop loss point to control risk.
Gold Technical Analysis XAUUSD: On the other hand
Gold Technical Analysis, On the other hand, if the stop loss area at $2025 per ounce is broken, the gold price may head towards the $2020 per ounce level.
Gold Technical Analysis XAUUSD: resistance and support levels
• Second resistance: 2036.08
• First resistance: 2033.36
• Pivot level: 2029.98
• First support: 2027.26
• Second support: 2023.88
