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• EURUSD

As could be seen on the chart above that the pair is traded right above a strong support level that could be found around the level of 1.1540 so we believe that as long as the pair is traded above it, it is highly recommended to go long targeting the level of 1.1800 followed by 1.1900. On the other hand, breaching the level of 1.1540 would open the door for further downward movements during the week that the pair may reach the level of 1.1450.

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• GBPUSD

As could be seen on the chart above that the pair is traded right below a strong resistance level that could be found around 1.3125 so we believe that as long as the pair is traded below it, it is highly recommended to go short targeting the level of 1.3000 followed by 1.2900 during the week. On the other hand, breaching the level of 1.3125 will open the door for further upward movement during the week.

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• GOLD

Last week, the pair managed to break through a strong resistance level that could be found around 1240 so we believe that as long as the pair is traded above it, it is highly recommended to go long targeting the level of 1265 followed by 1280.

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• AUDUSD

As could be seen on the chart above that the pair is about to reach a strong resistance level that could be found around 0.8000. So, we will be waiting for the pair to reach that level then we will have to watch how the pair will react to the resistance level of 0.8000.

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• GBPJPY

As could be seen on the chart above that the pair is about to reach a strong support level which is the up trendline shown in red on the chart. So, we will be waiting for the pair to reach the up trendline then a pullback is expected if the pair shows some positive factors.