EUR/USD technical analysis
The pair is trading above 1.1800 resistance level. Trading above that level may lead to the bullish trend continuing. On the other hand, trading below 1.1800 could push the pair back to 1.1700 support
GBP/USD technical analysis
The pair faces resistance at 1.3100 / 1.3200 levels We expect that the price will test it and if it succeeds in surpassing it, we may target 1.33 then 1.35 resistance
However, if it falls before 1.3200 levels, it may retreat to retest 1.3000 support, which break it, the declines may continue to 1.2800 level.
USD/JPY technical analysis
The pair tried to stable above the 106.00 level, but retreated below it, therefore declines are expected to continue to the support levels of 105.00 - 104.50. On the other hand, if it remains above 106.00, we would expect to target 108.00 / 108.50.
Gold technical analysis
Gold succeeded in surpassing the $1990 resistance zone and rose to the highest levels of $2000, and recorded its highest price today at $2041, and it is expected to complete the rally and target 2100 then 2200.
Current support levels 2010 – 2000.
Oil technical analysis
Oil is moving with a wide channel crossover, peaking at $ 42.50 and support levels at $ 38.50 - 37.00 - 34.50. It is possible to trade between support and resistance levels until exiting the sideways channel and determine the expected direction.
Dow Jones technical analysis
The Dow Jones continues to maintain its movements inside the ascending channel on the daily basis and we expect that if it maintains the support of 26000, it could target 27200 and then 27600-29500 points. The support is 26000; if it breaks it, we may target the next support at 24900 points.
