02 July 2020

Nothing important for today

 

 

  • EURUSD

Update: On its way to its targets. As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.1380. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.1220.

 

Resistance levels: Support levels: Recommended:
▪ 1.1380
▪ 1.1325
▪ 1.1300
▪ 1.1220
▪ 1.1200
▪ 1.1170
We are bearish as long as the pair is trading below 1.1380
  • GBPUSD

Update: We remain the same. The chart above shows that the pair is trading below a strong resistance level that is 1.2545. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.2450.

 

Resistance levels: Support levels: Recommended:
▪ 1.2600
▪ 1.2580
▪ 1.2550
▪ 1.2450
▪ 1.2400
▪ 1.2380
We are bearish as long as the pair is trading below the level of 1.2545.
  • GOLD

Update: On its way to its targets. The chart above shows that the pair is trading above a strong support level that is 1765. Therefore, we are bullish as long as the pair is trading above it. Our first target 1776.

 

Resistance levels: Support levels: Recommended:
▪ 1780
▪ 1776
▪ 1774
▪ 1765
▪ 1760
▪ 1750
We are bullish as long as the pair is trading above the level of 1765.
  • AUDUSD

Update: No changes. As could be seen on the chart above that the pair is trading in a very tight range. Therefore, we will be waiting for the pair to show up bearish evidence below the level of 0.7029 then we can go short targeting the level of 0.6750.

 

Resistance levels: Support levels: Recommended:
▪ 0.7030
▪ 0.7000
▪ 0.6980
▪ 0.6750
▪ 0.6720
▪ 0.6700
We are bearish as long as the pair is trading below the level of 0.7030.
  • GBPJPY

Update: We remain the same. As could be seen on the chart above that the pair is trading above 133.80. Therefore, we are bullish as long as the pair is trading above it. Our first target is 134 followed by 134.60.

 

Resistance levels: Support levels: Recommended:
▪ 134.80
▪ 134.60
▪ 134.00
▪ 133.80
▪ 132.50
▪ 132.25
We are bullish as long as the pair is trading above the level of 133.80.

 

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