Nothing important for today.
- EURUSD
As could be seen on the chart above that the pair is traded above a strong support level that is 1.1175. Therefore, we are bullish as long as the pair is traded above this level. Our first target is 1.14
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.21 ▪ 1.1850 ▪ 1.18 |
▪ – ▪ 1.1217 ▪ 1.1150 |
We are bullish as long as the pair is traded above the level of 1.1175. |
- GBPUSD
The daily timeframe shows that the pair is traded below a strong resistance level that is 1.33. Therefore, we are bearish as long as the pair is traded below it. Our first target is: 1.28.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.36 ▪ 1.3310 ▪ 1.33 |
▪ 1.29 ▪ 1.27 ▪ 1.26 |
We are bearish as long as the pair is traded below the level of 1.33. |
- GOLD
The chart above shows that the pair managed to breakthrough a strong support level that is 1280 so the pair might continue going down to reach the uptrend line shown on the chart in blue.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1350 ▪ 1365 |
▪ 1285 ▪ 1180 ▪ 1170 |
We are bearish as long as the pair is traded below the level of 1310. |
- AUDUSD
As we can see on the chart above that the pair is traded above a strong support level that is 0.70. So, we believe that as long as the pair is traded above it, it is highly recommended to go long targeting the level of 0.74 during the week.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 0.7550 ▪ 0.7600 ▪ 0.7260 |
▪ 0.7000 ▪ – ▪ – |
We are bullish as long as the pair is traded above the level of 0.70. |
- GBPJPY
The chart above shows that the pair is making lower highs and lower lows which is considered to be a bearish movement. We expect that the pair might continue going down to reach the level of 143.50 conditioned by the continuation of trading below the level of 149.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 156 ▪ 155 ▪ 149 |
▪ 140 ▪ 139 ▪ 138 |
Nothing to be done for now. |
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