USDJPY Technical Analysis today in a bearish trend during the American session. The price of the dollar/yen is trading at 147.15, and trading appears below most of the moving average intersections. Also, the MACD indicator indicates a negative trend
Accordingly, we can look to sell from the decline to the price of 146.88, with the targeted target being the 146.28 area. It is also recommended to choose the 147.79 area as a stop-loss point to control risks.
USDJPY Technical Analysis: on the other hand
On the other hand, if the buy zone at 147.79 is broken, the USDJPY price may head towards the 148.18 level.
USDJPY Technical Analysis: resistance and support levels
- Second resistance: 147.68
- First resistance: 147.48
- Pivot level: 147.26
- First support: 147.06
- Second support: 146.78
GBPUSD Technical Analysis: bearish trading
GBPUSD Technical Analysis today is in a downward trend during the Asian session. The pound is trading at $1.2772, and trading appears below most of the moving average intersections. As the MACD indicator indicates a negative trend, accordingly, we can look to buy from the rise to the price of $1.2759, and the target could be the $1.2727 area. It is also recommended to choose the $1.2821 area as a stop loss point to control risks.
GBPUSD Technical Analysis: on the other side
On the other hand, if the buy zone at $1.2821 is broken, the pound price may head towards the $1.2842 level.
GBPUSD Technical Analysis: resistance and support levels
- Second resistance: 1.2798
- First resistance: 1.2787
- Pivot level: 1.2779
- First support: 1.2770
- Second support: 1.2762
USOIL Technical Analysis: Oil prices decline
Oil price today, in the global oil market, the price is trading at $77.12 per barrel. According to technical analysis, the current trend indicates a downward trend with prices trading below the moving average intersections, and the MACD indicator also shows a negative trend.
Accordingly, selling can fall to the price of 77.25, and we will target $76.90 per barrel as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $78.09 per barrel area.
USOIL Technical Analysis: On the other side
If the buy zone of 78.09 per barrel is broken, the target will be $78.35 per barrel.
USOIL Technical Analysis: resistance and support levels
- Second resistance: 77.99
- First resistance: 77.85
- Pivot level: 77.68
- First support: 77.46
- Second support: 77.29
Dow Jones US30 Technical Analysis: It is trading in upward trend
Dow Jones US30 Technical Analysis, is trading at $38862. 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 38910 level, targeting the $39011 level as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $38682 area.
Dow Jones US30 Technical Analysis: On the other hand
In case the $38682 selling area is broken, the target is $38605.
Dow Jones US30 Technical Analysis: resistance and support
- Second resistance: 38944.06
- Initial resistance: 38916.20
- Pivot level: 38880.16
- First support: 38848.77
- Second support: 38825.86
