Nothing important for today.
- EURUSD
As could be seen on the daily chart that the pair is traded below a strong resistance level that is 1.1447. One of our important findings on the chart is a bearish engulfing pattern that helped the USD to gain value against the EUR. Therefore, we are bearish as long as the pair is traded below the resistance level of 1.1447. Our first target is 1.1217.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.1500 ▪ 1.1450 ▪ — |
▪ – ▪ – ▪ 1.1118 |
We are bearish as long as the pair is traded below the level of 1.1447 |
- GBPUSD
As could be seen on the chart above shows that the pair is traded above a strong support level that is 1.25. Therefore, we are bullish as long as the pair is traded above it. Our first target is 1.2750.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.36 ▪ 1.3310 ▪ 1.33 |
▪ – ▪ 1.25 ▪ 1.2450 |
We are bullish as long as the pair is traded above the support level of 1.25. |
- GOLD
As could be seen on the chart above that the pair started going down (correction) in the opposite direction. Therefore, we will be waiting for the pair to reach the support level of 1365. This is where we can look for some bullish evidence.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1440 ▪ 1410 |
▪ 1365 ▪ 1260 ▪ 1265 |
Waiting for the pair to reach the support level of 1365. |
- AUDUSD
The chart above shows that the pair formed a bearish engulfing pattern below a strong resistance level that is 0.7030. We would be waiting for the pair to confirm its coming move with a bearish candle.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 0.7550 ▪ 0.7600 ▪ 0.7000 |
▪ 0.6778 ▪ 0.68 ▪ – |
Waiting for the pair to confirm its coming move. |
- GBPJPY
The chart above shows that the pair is traded above a strong support level that is 134. We are looking for some bullish evidence to show up above it, then we can go long targeting the level of 140. This is conditioned by the continuation of trading above the support level of 134.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 156 ▪ 155 ▪ 141 |
▪ 134 ▪ 133 ▪ 132 |
Waiting for some bullish evidence to show up. |
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