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 $2019 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 region of $2022 per ounce, and the target could be the $2028 region per ounce. It is also advisable to choose the 2016 dollar per ounce area as a stop loss point to control risk.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area at $2016 per ounce is broken, the gold price may head towards the $2010 per ounce level.
Gold Technical Analysis: resistance and support levels
• Second resistance: 2033.72
• First resistance: 2032.59
• Pivot level: 2031.52
• First support: 2030.39
• Second support: 2029.32
EURUSD Technical Analysis: It is trading in an upward trend
EURUSD Technical Analysis ,The EUR/USD is trading in an upward trend today during the European session. The euro is trading at $1.0774, 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 $1.0782, and the target could be the $1.0801 area. It is also recommended to choose the $1.0673 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 $1.0673 is broken, the euro price may head towards the $1.0745 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0791
• First resistance: 1.0784
• Pivot level: 1.0780
• First support: 1.0773
• Second support: 1.0769
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 $1.2620, and as the chart shows, the pound is trading 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 $1.2630 area, and the target could be the $1.2654 area. It is also recommended to choose the $1.2607 area as a stop loss point to control risk.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at $1.2607 is broken, the pound price may head towards the $1.2582 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2633
• First resistance: 1.2624
• Pivot level: 1.2619
• First support: 1.2610
• Second support: 1.2605
