- EURUSD
As could be seen on the daily chart that the pair is traded above a strong support level that can be found at 1.2150. So we believe that as long as the pair is traded above it, it is highly recommended to go long targeting the level of 1.23 during the week but the pair must show up some bullish evidence above it so we can go long. On the other hand, in case the level of 1.2150 is broken with a weekly close, then we would prefer going short but there must be a weekly close below it.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.2550 ▪ 1.2440 ▪ — |
▪ 1.22 ▪ 1.21 ▪ 1.1550 |
Waiting for the pair to reach one of the levels mentioned in the report. |
- GBPUSD
As could be seen on the daily chart that the pair is traded below a strong resistance level that could be found at 1.4000. Therefore, we are bearish as long as the pair is traded below that level. Our 1st target is 1.39 followed by 1.38.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.4340 ▪ 1.4200 ▪ — |
▪ 1.3800 ▪ 1.3700 ▪ 1.3600 |
We are bearish as long as the pair is traded below the level of 1.4000. |
- GOLD
As could be seen on the daily chart that the pair is on its way to reach the level of 1310 followed by 1300. So, we will be waiting for the pair to reach one of those levels then in case it shows up some bullish evidence we can go long targeting the level of 1320 followed by 1330 during the week.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1350 ▪ 1365 ▪ — |
▪ 1310 ▪ 1300 ▪ 1290 |
Waiting for the pair to reach one of the levels mentioned in the report. |
- AUDUSD
As could be seen on the daily chart that the pair is traded within a descending channel. Having the pair traded above the upside of the channel can open the door for further upward movements during the week that it can reach the level of 0.7650.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 0.8000 ▪ 0.7900 ▪ — |
▪ 0.7700 ▪ 0.7600 ▪ 0.7500 |
We are bullish as long as the pair is traded above the level of 0.7520. |
- GBPJPY
As we mentioned in the weekly video analysis that the pair would reach the level of 153 during the week. But our level where we can go long is 150. In case the pair goes down to be traded near to this level again, we can go long targeting the level of 151 followed by 152 during the week.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 156 ▪ 155 |
▪ 147 ▪ 146 |
We are bullish as long as the pair is traded above the level of 150. |
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