EURUSD
This pair retreated slightly before reaching the current resistance level at 1.1900. We expect it to overcome this level and target 1.2000 - 1.2150 levels.
If the pair trades below the 1.1900 level, it will likely target the support at 1.1740. If it breaches this, we would expect it to decline to 1.1600 levels.
GBPUSD
This pair is still trading near the upper bound of the rising channel at 1.3300 levels. We expect it to overcome this and potentially target 1.3400 - 1.3500.
If the price falls, it will face support at 1.3100; if it breaks this, we may target 1.2850 levels.
USDJPY
This pair rose to 104.75 levels, but retreated from it, and is still moving within the sideways bearish channel. We expect it to target 103.00 levels.
But if the pair succeeds in ascending and surpassing the resistance 105.50, it may target 106.00 - 107.00 levels.
USDCHF
This pair is still moving between 0.9000 support and 0.9200 resistance. We expect that if it breaks this resistance level, it will target 0.9300 levels.
If the price retreats from current levels, it may target the support at 0.9000; if it breaches these levels, we would expect it to target 0.8800.
USDCAD
The pair succeeded in achieving the target at 1.3030, and we expect it to continue its decline to the support level of 1.2950.
Resistance is at 1.3170, and we expect it to succeed in surpassing it, and target 1.3250.
AUDUSD
The pair succeeded in surpassing 0.7340 resistance, and we expect it to be steady above 0.7410.
Support levels for the pair are 0.7340 - 0.7260.
Gold
Gold succeeded in maintaining trading below $1848 and we expect the current correction to continue to 1750 - 1790 levels.
Resistance levels are 1840 – 1880.
Silver
Silver is moving within a bullish channel on the daily time frame. The price has retreated today and is approaching the bottom end of the channel at 23.25 levels; it is possible that it will bounce back to test the resistance at 25.00 - 26.25.
Support levels are 23.25 / 23.00. If the price falls below these levels, it may target 21.60-22.50.
Oil
Oil succeeded in surpassing the resistance of $44.00, and we expect it to remain steady above it to target $47.00 - $49.00.
Support levels are 43.80 - 43.25.
Dow Jones
The Dow Jones succeeded in surpassing the resistance of 30,000 points and recording the level of 30200, but fell below 30,000 again.
If the index trades above the support levels 29150-28850, it is likely that the index will continue its rise to the levels of 30500 - 31000.
DAX
The DAX faces strong resistance at 13300 - 13400 levels, which it tried and failed to surpass more than once. If it continues trading below this level, it may target the support levels at 12300 -11600.
If it succeeds in overcoming the resistance at 13400, we may target 13800 - 14000 points.
