اEUR/USD technical analysis
This pair succeeded in rebounding yesterday from the support level at 1.1240 and was close to reaching a top of 1.1385. We expect it to break through and target 1.1500. If this doesn’t happen, it may retreat to test 1.1240 support, and then target 1.1150.
اGBP/USD technical analysis
This pair succeeded in retreating from the resistance level of 1.2730, and if it stabilizes above it, we expect it to target 1.2850 levels. If the price falls below the level of 1.2730, we expect the pair to fall to the level of 1.2640, then 1.2500.
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USD/JPY technical analysis
The pair broke the 107.30 support and is now near its expected target at 106.70. If this support is maintained, we may rebound once again to test 107.30 resistance, then if this is bypassed we will target 108.00.
If the decline continues and it breaks the 106.70 support barrier, we may target the next support at 106.00.
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Gold technical analysis
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Gold succeeded in achieving our expected target of $1730, and we expect it to face resistance at 1745/1750 levels that might bounce the price down. We are expecting support levels in the 1720 - 1700 – 1670 range.
Oil technical analysis
Oil is still trading above $36.50 support, so it is expected to test it at a resistance level of $40.50. If it falls below the $36.50 level, we may target $34.75.
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Dow Jones technical analysis
The Dow Jones fell below 27000 points, so it is expected to target 25850 support. If it breaks this level, the decline may continue to 24850. The resistors of the indicator respectively are 27000 - 27600 - 28200.
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