Gold Technical Analysis: The price of gold is trading today at $2028 per ounce. Trading appears in an upward trend, as the price of gold is trading above the intersections of the Moving Average indicators. As for the MACD indicator, it indicates positive signals.
Accordingly, we can look to buy from the rise to the price of $2031 per ounce, and target the $2037 per ounce area to take profits, while setting the $2021 area per ounce as a stop loss.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area of $2021 per ounce is broken, the price may head to the $2016 per ounce area.
Gold Technical Analysis: resistance and support levels
- Second resistance: 2030.09
- First resistance: 2029.33
- Pivot level: 2028.30
- First support: 2027.64
- Second support: 2026.70
EURUSD Technical Analysis: an upward trend
EURUSD Technical Analysis: The EURUSD is in an upward trend today during the American session. The EURUSD is trading at $1.0843, where prices appear to be trading above most of the moving average intersections shown on the chart. The MACD indicator also indicates a positive trend and, accordingly, we can look to buy from the rise to the price of $1.0858, and the target could be the $1.0880 area. It is also recommended to choose the $1.0805 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at $1.0805 is broken, the EURUSD price may head towards the $1.0785 level.
EURUSD Technical Analysis: resistance and support levels
- Second resistance: 1.0863
- First resistance: 1.0856
- Pivot level: 1.0848
- First support: 1.0835
- Second support: 1.0829
USDJPY Technical Analysis: Trading in a downward trend
USDJPY Technical Analysis today in a bearish trend during the American session. The price of the USDJPY is trading at 150.37, and trading appears above most of the moving average intersections. Also, the MACD indicator indicates a positive trend
Accordingly, we can look to buy from the rise to the price of 150.51, with the targeted target being the 150.71 area. It is also recommended to choose the 150.01 area as a stop-loss point to control risks.
USDJPY Technical Analysis: on the other hand
On the other hand, if the stop loss area at 150.01 is broken, the USDJPY price may head towards the 149.87 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 150.66
- First resistance: 150.51
- Pivot level: 150.40
- First support: 149.18
- Second support: 149.09
Dow Jones US30 Technical Analysis: is trading in upward trend
Dow Jones US30 Technical Analysis is trading at $38762. According to technical analysis, the current trend is an upward trend in the American index prices. The price of the American index appears above most of the intersections of the moving averages, and the MACD indicator also shows positive signs
Accordingly, we expect the index to take an upward trend, so we will buy from the rise to the 38827 level, and we will also target the $38941 level as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $38558 area.
Dow Jones US30 Technical Analysis: On the other hand
If the stop loss area at $38558 is broken, targeting the additional support level at $38480 could be achieved.
Dow Jones US30 Technical Analysis resistance and support
- Second resistance: 38880.10
- Initial resistance: 38850.19
- Pivot level: 38000.20
- First support: 38730.88
- Second support: 38700.90
