German Final CPI: Thursday: 7:00. The first-estimate for German CPI in the fourth quarter declined by 0.6% and the final release is expected to confirm this figure.
EUR
German Final CPI
- EURUSD
Nothing can stop the Euro from going further downwards. The chart above shows that the pair might continue going downwards to hit 1.0800.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.1150 ▪ 1.1100 ▪ 1.1090 |
▪ 1.0800 ▪ 1.0750 ▪ 1.0730 |
Strongly bearish |
- GBPUSD
The chart above shows that the pair is trading above a strong support level 1.2890. Therefore, we are bullish as long as the pair is traded above it. Our first target is 1.31.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.3400 ▪ 1.3350 ▪ 1.3300 |
▪ 1.2890 ▪ 1.2850 ▪ 1.2800 |
We are bullish as long as the pair is traded above 1.2890 |
- GOLD
The chart above shows that the pair might continue going upwards to reach the level of 1590. Therefore, we are bullish as long as the pair is traded above the level of 1560.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1590 ▪ 1587 |
▪ 1570 ▪ 1565 ▪ 1555 |
We are bullish as long as the pair is traded above the level of 1560 |
- AUDUSD
As could be seen on the chart above that the pair is traded above a strong support level that is 0.6680. Therefore, we are bullish as long as the pair is traded above it. Our first target is 0.6850.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 0.7123 ▪ 0.6988 ▪ 0.6820 |
▪ 0.6680 ▪ 0.6650 ▪ 0.6600 |
We are bullish as long as the pair is traded above 0.6688. |
- GBPJPY
The pair is about reaching the resistance level of 144.17. Therefore, we will be waiting for the pair to reach it then in case the pair shows up bearish evidence, we can go short targeting the level of 142.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 146.50 ▪ 146.00 ▪ 144.20 |
▪ 141 ▪ 140.50 ▪ 140.00 |
Waiting for the pair to reach the resistance level. |
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