USOIL Technical Analysis, in the global oil market, the price is trading at the area of $78.26 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 77.89, and we will target $77.39 per barrel as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $78.96 per barrel area.
USOIL Technical Analysis: On the other side
If the buy zone of 78.96 per barrel is broken, the target will be $79.33 per barrel.
USOIL Technical Analysis: resistance and support levels
Second resistance: 78.82
First resistance: 78.62
Pivot level: 78.30
First support: 78.00
Second support: 77.76
Dow Jones US30 Technical Analysis: is trading in downward trend
Dow Jones US30 Technical Analysis is trading at $38,679. 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 decline to the 68606 level, targeting the $38504 level as a profit-taking target. To ensure risk control, it is recommended to set the stop loss point at the $38,504 area.
Dow Jones US30 Technical Analysis: On the other hand
In case the $38,809 buy zone is broken, the target is $38,886.
Dow Jones US30 Technical Analysis: resistance and support
- Second resistance: 38781.10
- Initial resistance: 38756.22
- Pivot level: 38703.06
- First support: 38646.77
- Second support: 38602.86
GBPUSD Technical Analysis: bullish trading
GBPUSD Technical Analysis today is in an upward trend during the Asian session. The pound is trading at $1.2719, and trading appears above most of the moving average intersections. The MACD indicator also indicates a positive trend. Accordingly, we can look to buy from the rise to the price of $1.2727, and the target could be the $1.2748 area. It is also recommended to choose the $1.2693 area as a stop loss point to control risk.
GBPUSD Technical Analysis: on the other side
On the other hand, if the sell area at $1.2693 is broken, the pound price may head towards the $1.2678 level.
GBPUSD Technical Analysis: resistance and support levels
- Second resistance: 1.2739
- First resistance: 1.2731
- Pivot level: 1.2722
- First support: 1.2703
- Second support: 1.2691
USDJPY Technical Analysis: Trading in a downward trend
USDJPY Technical Analysis today in a bearish trend during the American session. The price of the dollar/yen is trading at 149.60, 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 149.43, with the targeted target being the 149.13 area. It is also recommended to choose the 149.90 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 149.90 is broken, the USD/JPY price may head towards the 150.09 level.
USDJPY Technical Analysis: resistance and support levels
Second resistance: 149.98
First resistance: 149.83
Pivot level: 149.66
First support: 149.54
Second support: 149.43
