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, we may see it rise to test 1.19 - 1.20 again. If it breaks 1.1780 support, it may go to 1.1600 - 1.1680 levels.
GBPUSD
This pair fell below the 1.3250 level, so we expect to make a correction to 1.3100 – 1.3150 levels. However, if the price rises and stabilises above 1.3250, it may rise again to retest 1.35 and then 1.37.
USDJPY
This pair is still moving within the descending channel on the daily frame and has retreated from 107.00 resistance to 105.00 levels.
However, it succeeded in maintaining its support level and we expect it 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 104.20 - 103.40
Gold
Gold faces support levels at $1925, and we expect a rise to 1980 if the price stabilises above 1920.
If it breaks the 1920 support level, we expect a retreat to 1900, then 1860.
WTI
Oil achieved our target at $39 a barrel and if the price stabilises above this level it may retest 41.70 and 43.50. If it breaks through this, it may reach 45.00 – 46.00, while if the price breaks the support level at 39.00 it may continue falling to 37.00 – 34.50.
Dow Jones
The Dow Jones rose near our target of 29200 points, and we expect that, if it surpasses it, the index will reach an all-time high at 29550 points. If the price breaks the 28000 support level, we expect the correction to continue to the levels of 27500-27000.
