EUR/USD technical analysis
This pair was unable to maintain the support level of 1.1240 and broke it, so we expect it to target the level of 1.1150. If it succeeds in rising above the 1.1240 barrier, it may complete the rise to the 1.1355 level.
GBP/USD technical analysis
The pair is moving inside a descending channel, and we expect it to decline to the support levels of 1.2330. If breaks it, we may target 1.2290 levels. The pair's resistance is 1.2450 / 1.2500.
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USD/JPY technical analysis
The pair retreated to the support level of 106.70, and succeeded in maintaining it. We expect that as long as it trades above it, it may rebound to a resistance level of 107.30. If it breaks the support of 106.70, we may target the 106.00 level.
GOLD 22 June
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Gold succeeded today in rising to 1758, which is near the upper border of the transverse channel that is moving in, between a resistance of $1765 and a support of 1670.
The yellow metal is still moving inside the sideways channel and we expect as long as it trades below 1765 levels it may rebound to experiment at 1730 levels, then support 1700, targeting 1670 if it breaks it. If it rises, we expect a resistance of $ 1765 and if it crosses this line, we may target $1800 levels.
Oil technical analysis
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that it will retract from the current levels to 39-37.30 support. However, if it succeeds in surpassing the 40.50 level, we expect to target 41.70 levels.
Dow Jones technical analysis
The Dow Jones has succeeded in rebounding from the 24800 level and we expect it to continue rising to 27600/28000 levels. If the 24800 support level is broken, the decline may continue to 23000 levels.
