EURUSD
This pair retreated from the upper boundary of the ascending channel at 1.2000 to support levels of 1.1790. If the price stabilises above this support, we may see it rise to test 1.19 - 1.20 again. If it breaks the 1.1780 support, it may go to 1.1600 - 1.1680 levels.
GBPUSD
This pair reached its expected targets and peaked 1.3480 yesterday, then retreated slightly.
If it retreats below 1.3300, we may see a correction to 1.3250 - 1.3150 levels. If the pair maintains stability above 1.33, it may rise again to test 1.3500, then target 1.3700.
USDJPY
This pair is still moving within the descending channel on the daily frame, and retreated from 107.00 resistance to 105.00 levels.
However, it succeeded in maintaining the support level and then rebounded, and it is expected to rise to test 107.00 resistance. We expect it to surpass this level to target 108.00 - 108.50.
If the pair falls and breaks the support level of 105.00, we expect it to fall to levels of 104.20 - 103.40.
Gold
We expect gold may rise to 1980 if the price stabilises above 1923. But if the price break 1920 support, it may back again to 1900 – 1860.
WTI
Oil achieved our target of $43.50, but retreated from it, and we expect a retreat to support levels of 41.70. If it breaks through, we may target 40.50 - 39.00. If it surpasses 43.50 resistance, we may target 45.00 - 46.00.
Dow Jones
The Dow Jones succeeded in rising near the target of 29200 points, and we expect that if it surpasses it, the index will reach an all-time high at 29550 points. If it surpasses this it may struggle to rise to more than 30,000 points.
Support levels are 28500 then 28150.
