USOIL Technical Analysis, in the global oil market, the price is trading at the area of $76.43 per barrel. According to technical analysis, the current trend indicates a downward trend with prices trading below the intersections of the moving average, and the MACD indicator also shows the emergence of a negative trend signal amid weakness in weak orders.
Accordingly, it is possible to sell from a decline to the price of 75.85, and we will target $75.17 per barrel as a profit-taking target. To ensure risk control, it is recommended to set a stop loss point at the $77.32 per barrel area.
USOIL Technical Analysis: On the other side
If the stop loss area at 77.32 per barrel is broken, targeting the additional support level at $77.87 per barrel could be achieved.
USOIL Technical Analysis: resistance and support levels
- Second resistance: 76.6
- First resistance: 76.57
- Pivot level: 76.51
- First support: 76.20
- Second support: 76.02
Gold Technical Analysis: Gold prices decline
Gold Technical Analysis: The price of gold is trading today at $2034 per ounce. Trading appears in a weak upward trend, as the price of gold is trading below the intersections of the Moving Average indicators. As for the MACD indicator, it indicates weak positive signals.
Accordingly, we can look to sell from a decline to the price of $2029 per ounce and target the $2024 per ounce area to take profits, while setting the $2039 per ounce area as a stop loss.
Gold Technical Analysis: On the other hand
On the other hand, if the stop loss area of $2039 per ounce is broken, the price may head to the $2043 per ounce area.
Gold Technical Analysis: resistance and support levels
- Second resistance: 2045.10
- First resistance: 2044.66
- Pivot level: 2043.50
- First support: 2033.70
- Second support: 2032.65
Dow Jones US30 Technical Analysis: is trading in downward trend
Dow Jones US30 Technical Analysis is trading at $38162. According to technical analysis, the current trend is a downward trend in the American index prices. The price of the American index appears below most of the crossings of the moving averages, and the MACD indicator also shows negative signs.
Accordingly, we expect the index to take a downward trend, so we will sell from the drop to the 38071 level, and we will also target the $37964 level as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $38,316 area.
Dow Jones US30 Technical Analysis: On the other hand
If the stop loss area at $38316 is broken, targeting the additional support level at $38415 could be achieved.
Dow Jones US30 Technical Analysis: resistance and support
- Second resistance: 38268.30
- Initial resistance: 38240.10
- Pivot level: 38180.10
- First support: 38140.99
- Second support: 38100.96
Facebook Stock Technical Analysis: Today is trading in upward trend
Facebook Stock Technical Analysis, Facebook shares are trading today in the American stock market at $389.93 per share. According to technical analysis, the current trend indicates an upward trend in Facebook share prices. Facebook stock price reflects trading below most of the moving average intersections, and the MACD indicator shows positive signs, with weak buying power.
Accordingly, we expect the price of Facebook shares to rise, so we can buy, waiting for the price to rise at the level of $397.44 per share to enter the purchase process, and we target the level of $406.54 per share as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at $378.70 per share.
Facebook Stock Technical Analysis: On the other hand
If the stop loss area at $378.70 per share is broken, the target level of $371.59 per share can be achieved.
Facebook Stock Technical Analysis: Resistance and Support Levels
- Second resistance: 396.00
- First resistance: 390.50
- Pivot level: 390.58
- First support: 380.50
- Second support: 371.50
