NZDUSD Technical Analysis: The New Zealand dollar is trading in a weak bearish trend today, and we note the emergence of a consolidation area during the American session. The New Zealand Dollar price is trading at 0.6108, and trading appears below most of the moving average intersections. The MACD indicator also indicates a weak negative trend.
Accordingly, we can look to sell from a drop to 0.6099, and the target could be the 0.6090 area. It is also recommended to choose the 0.6124 area as a stop loss point to control risk.
NZDUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at 0.6124 is broken, the NZD price may head towards the 0.6131 level.
NZDUSD Technical Analysis: Resistance and Support:
- Second resistance: 0.6119
- First resistance: 0.6115
- Pivot level: 0.6111
- First support: 0.6105
- Second support: 0.6091
USDJPY Technical Analysis: consolidation zone
USDJPY Technical Analysis of the dollar/yen today in a weak upward trend within the consolidation zone during the American session. The price of the dollar/yen is trading at 147.85, and trading appears above most of the moving average intersections. The MACD indicator also indicates the emergence of a weak positive trend with a decline in purchasing demand.
Accordingly, we can look to buy from the rise to the price of 147.96, with the targeted target being the 148.18 area. It is also recommended to choose the 147.49 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 147.49 is broken, the USDJPY price may head towards the 147.31 level.
USDJPY Technical Analysis: resistance and support levels
- • Second resistance: 148.06
- • First resistance: 147.97
- • Pivot level: 147.89
- • First support: 147.76
- • Second support: 147.64
Gold Technical Analysis: bullish trading
Gold Technical Analysis of gold: The price of gold today is trading at a price of $2020 per ounce. Trading appears at the beginning of 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 the emergence of positive signals.
Accordingly, we can look to buy from the rise to the price of $2024 per ounce and target the $2029 per ounce area to take profits, while setting the $2014 per ounce area as a stop loss.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area of $2014 per ounce is broken, the price may head to the $2010 per ounce area.
Gold Technical Analysis: Resistance and Support Levels:
- • The Second Resistance: 2014.10
- • First resistance: 2022.50
- • Pivot level: 2021.25
- • First support: 2019.80
- • Second support: 2017.77
USOIL Technical Analysis: USOIL bullish trading
USOIL Technical Analysis, in the global oil market, the price is trading at the area of $76.24 per barrel. According to technical analysis, the current trend indicates a weak upward trend with prices trading above the intersections of the moving average, and the MACD indicator also shows positive signs, albeit weak ones.
Accordingly, we can buy from the rise to the price of 76.86, and we will target $77.74 per barrel as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at $75.12 per barrel.
USOIL Technical Analysis: On the other side
If the stop loss area at 75.12 per barrel is broken, targeting the additional support level at $74.42 per barrel could be achieved.
USOIL Technical Analysis: USOIL resistance and support levels
- • Second resistance: 76.69
- • First resistance: 76.48
- • Pivot level: 76.33
- • First support: 76.00
- • Second support: 75.83
