This pair retreated from the upper boundary of an ascending channel at 1.2000 to support levels of 1.1760. If the price stabilises above this, we may see it rise to again test 1.19 - 1.20. If it breaks 1.1780 support, it may go to 1.1600.
This pair fell below 1.2980 levels and reached our target of 1.2800. We expect it to test 1.2900 - 1.2980. If surpassing this level, we might target 1.3050.
If the pair retreats below 1.2770 levels, the declines are expected to continue towards 1.2700 - 1.2600.
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, if it succeeds in maintaining its support level, 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 is moving inside a descending triangle pattern on the four-hour chart and it faces resistance at the levels of 1977-1990. If it succeeds in surpassing it, we may target $2015 levels.
If the price fell from current levels, it may test the support of 1900; if it breaks this, we will target 1860.
Oil fell yesterday to $37.00 levels after breaking the support of 39.00, and we expect it to rise now to test the 39.00 resistance, and if it succeeds in rising above it, we may target 41.70.
If it fails to climb above 39.00, it may retreat to 37.00 support levels. If it breaks these, we may target $ 34.50.
The Dow Jones fell to levels of 27400 points and succeeded in maintaining it as a support level. We expect it to rise to test 28100 points; if it succeeds in surpassing this, it may continue its rise to 28400 -28600.
Support levels for the index in the event of a decline are 27400 – 27200 - 27000