GBPUSD Technical Analysis, the pound dollar is trading in a sideways direction today during the European session. The pound is trading at $1.2687, and as the chart shows, there is weakness in 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 price of the pound/dollar pair breaks the $1.2675 area, and the target could be the $1.2648 area. It is also recommended to choose the $1.2700 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 $1.2700 is broken, the pound price may head towards the $1.2727 level.
GBPUSD Technical Analysis: resistance and support levels
- • Second resistance: 1.2713
- • First resistance: 1.2703
- • Pivot level: 1.2688
- • First support: 1.2678
- • Second support: 1.2663
EURUSD Technical Analysis: It trades in a sideways direction
EURUSD Technical Analysis, the EURUSD is trading in a sideways trend during the European session. The euro is trading at $1.0818, 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 $1.0800 level, and the target could be the $1.0770 area. It is also recommended to choose the $1.0840 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 $1.0840 is broken, the euro price may head towards the $1.0870 level.
EURUSD Technical Analysis: resistance and support levels
- • Second resistance: 1.0836
- • First resistance: 1.0827
- • Pivot level: 1.0818
- • First support: 1.0809
- • Second support: 1.0800
Gold Technical Analysis XAUUSD: 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 $2038 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 $2041 per ounce, and the target could be the $2046 area per ounce. It is also recommended to choose the $2035 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 $2035 per ounce is broken, the gold price may head towards the $2029 per ounce level.
Gold Technical Analysis XAUUSD: resistance and support levels
- • Second resistance: 2061.08
- • First resistance: 2059.16
- • Pivot level: 2056.63
- • First support: 2054.71
- • Second support: 2052.18
