26 June 2020

Nothing important for today!

  • EURUSD

Update: All targets were hit. The chart above shows that the pair is trading below a strong resistance level that is 1.1350. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.1250 followed by 1.1200.

Resistance levels: Support levels: Recommended:
▪ 1.1350
▪ 1.1325
▪ 1.1300
▪ 1.1250
▪ 1.1200
▪ 1.1150
We are bearish as long as the pair is trading below 1.1350
  • GBPUSD

Update: All targets were hit. As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.2550. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.2400 followed by 1.2350.

Resistance levels: Support levels: Recommended:
▪ 1.2650
▪ 1.2615
▪ 1.2550
▪ 1.2400
▪ 1.2350
▪ 1.2300
We are bearish as long as the pair is trading below the level of 1.2550.
  • GOLD

Update: All targets were hit as expected. As could be seen on the chart above 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 is 1770 followed by 1780. On the other hand, if the level of 1765 is breached, in that case, our target would be 1750.

Resistance levels: Support levels: Recommended:
▪ 1780
▪ 1775
▪ 1770
▪ 1765
▪ 1760
▪ 1750
We are bullish as long as the pair is trading above the level of 1765.
  • AUDUSD

Update: Our targets were hit. The chart above shows that the pair is trading below a strong resistance level that is 0.6980. Therefore, we are bearish as long as the pair is trading below it. Our first target is 0.6900 followed by 0.6870

Resistance levels: Support levels: Recommended:
▪ 0.7000
▪ 0.6980
▪ 0.6950
▪ 0.6900
▪ 0.6870
▪ 0.6834
We are bearish as long as the pair is trading below the level of 0.6980
  • GBPJPY

Update: All targets were hit as expected. The chart above shows that the pair is trading below a strong resistance level that is 134. Therefore, we are bearish as long as the pair is trading below it. Our first target is 133 followed by 132.50

Resistance levels: Support levels: Recommended:
▪ 135.20
▪ 134.50
▪ 134.00
▪ 133.00
▪ 132.50
▪ 132.00
We are bearish as long as the pair is trading below the level of 134.00

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