章节 35  Market Analysis Articles May 18th

Market Analysis 18th May 2023

EURUSD

EURUSD moved lower and reach our support level, but able to keep between our support and resistance levels as expected. EURUSD currently running at 1.0840.

Market Analysis Articles May 18th-第1张图

At the time of writing, the four-hour Stochastic indicator is moving higher in the middle, the price is moving BELOW the 20-period moving average. We are expected that EURUSD will move slightly higher to reach our 20-period moving average before continue to move lower and try to break our support level at 1.0822.

Resistance: 1.0884, 1.0930

Support: 1.0822, 1.0787


GOLD

Gold continues to move lower on Wednesday and break our support level at $1,986. Gold currently is running at $1,982.

Market Analysis Articles May 18th-第2张图

At the time of writing, the four-hour Stochastic indicator is moving higher in the middle after exited the oversold level. The price is moving BELOW the 20-period moving average. We expect that Gold will move back slightly higher and try to reach our new resistance level at $1,991.

Resistance: $1,991, $2,002

Support: $1,974, $1,966


GBPUSD

GBPUSD moves lower on Wednesday and reach below our support levels, but back higher to moves between our support and resistance levels. Currently, GBPUSD is trading at 1.2482.

Market Analysis Articles May 18th-第3张图

As of this writing, the four-hour Stochastic indicator is moving higher just near the overbought area. The price is now moving just below the 20-period moving average. We expect GBPUSD to move slightly higher and reach our resistance level at 1.2503.

Resistance: 1.2503, 1.2532

Support: 1.2475, 1.2446


SPXUSD

SPXUSD moves higher on Wednesday and able to break our resistance level at 4147 as expected. SPXUSD currently is running at 4155.

Market Analysis Articles May 18th-第4张图

As of this writing, the four-hour Stochastic indicator is entering the overbought area, and the price is now moving ABOVE the 20-period moving average. We expect that SPXUSD might move slightly higher and reach above our new resistance level at 4162.

Resistance: 4162, 4186

Support: 4142, 4124


USOUSD

USOUSD (WTI) moves higher on Wednesday as expected and able to break our resistance level at 71.75. Currently USOUSD is trading at 72.67.

Market Analysis Articles May 18th-第5张图

As of the time of writing, the four-hour Stochastic indicator is entering the overbought area, the price is now moving ABOVE the 20-period moving average. We expect that USOUSD to move in consolidation mode and keep between our support and resistance levels.

Resistance: 73.78, 76.68

Support: 71.75, 69.39


Key events for Today 18th May 2023:

AUD    Employment Change

AUD    Unemployment Rate

USD    Unemployment Claims

CAD    BOC Gov Macklem Speaks

关于我们 用户协议隐私政策风险披露认证协议社区准则 帮助中心 意见反馈
App Store Android

风险披露

金融工具交易属于高风险投资活动,有导致部分或全部投资本金损失的风险,可能不适合所有投资者。本网站所包含的任何观点、聊天信息、通知、新闻资讯、研究调查、分析、价格或其他信息都是作为一般市场信息提供的,仅供教育和娱乐之用,并不构成投资建议。 所有的观点、市场行情、推荐或任何其他内容可能随时会改变,恕不另行通知。Trading.live对因使用或根据这些信息而直接或间接造成的任何损失或损害概不负责。

© 2024 Tradinglive Limited. All Rights Reserved.