EURUSD is rising this morning and since the opening of the markets, the pair opened the price on a bearish gap and fell to the second support area and is trading at $ 1.0745 by 0.5% and from a technical point of view: The pair has fallen since Friday's close at the first support area, and since the opening of the markets, it succeeded in reaching the second support area, and from the expected scenarios, the price is trying to return to test the second support area again in an attempt to break it, and the alternative scenario is a rebound with the aim of covering the gap and testing the first support area again.
News you may like the movement of the Eurodollar:
U.S. Consumer Price Index 16:30
U.S. Federal Reserve interest rate decision 22:00
Federal Reserve press conference 22:30
00
Second resistance area
1.09256 - 1.09378
First resistance area
1.08700 - 1.08843
fulcrum
1.08372
First support area
1.08017-1.0795
Second support area
1.07486 - 1.07422
GBP/USD
The British pound is rising against the US dollar this morning after falling since the beginning of the week and breaking the uptrend and is currently testing the third resistance area and is currently trading at 1.2747 levels and from a technical point of view: The British pound has broken the uptrend and is testing the resistance zone and possible scenarios: Bounce and retest the uptrend area at 1.27621 levels, and if the test is successful, it continues to rise by targeting the four-hour resistance area, and in case of failure, it will return to fall to break the third resistance area again, and the alternative scenario is to continue falling from current prices by targeting the second resistance area
Upcoming news that could affect the movement of the British pound:
U.S. Consumer Price Index 16:30
U.S. Federal Reserve interest rate decision 22:00
Federal Reserve press conference 22:30
Second resistance area
1.25423 - 1.25282
First resistance area
1.24750 - 1.24554
fulcrum
1.23827
First support area
1.23093 - 1.22931
Second support area
1.22089 - 1.21847
USD/JPY
The dollar is rising in the Asian session this morning and is currently trading at 157.26 levels, technically speaking: The dollar rose from the first resistance area to the second resistance area in an attempt to target the levels of 157.873, and the possible scenarios include reaching the levels of 157.873 and 158.034, and the alternative scenario is to fall by targeting the first resistance levels
Upcoming news that may affect the movement of the dollar/yen:
U.S. Consumer Price Index 16:30
U.S. Federal Reserve interest rate decision 22:00
Federal Reserve press conference 22:30
Second resistance area
156.341 - 156.260
First resistance area
155.406 - 155.343
fulcrum
154.394
First support area
152.846 - 155.741
Second support area
151.681 - 151.639
AUD/USD
The Aussie fell against the US dollar last week and rose this morning by 0.21% and is currently trading at 0.6620 from a technical point of view: Prices fell near the third resistance area until the first resistance area, and it seems that the price rebounded from the first resistance area in the first visit to these prices, and the possible scenarios are for prices to rise by targeting the second resistance levels as a retest, and the alternative scenario is to fall again by targeting the pivot point
News that may affect the movement of the Australian dollar against the US dollar:
U.S. Consumer Price Index 16:30
U.S. Federal Reserve interest rate decision 22:00
Federal Reserve press conference 22:30
Second resistance area
0.66143 - 0.66231
First resistance area
0.65663 - 0.65783
fulcrum
0.65217
First support area
0.64541 - 0.64633
Second support area
0.60219 – 0.59604
USOIL
Oil prices rose yesterday and this morning oil is up 0.46% and is currently trading at $78.48 per barrel. Technically, after the prices stabilized the first support area, they rose and reached the pivot point at 77.47, and the possible scenarios are for prices to rise by targeting the first resistance area and the alternative scenario is to fall by targeting the first support area as a retest
Upcoming news may affect the movement of oil:
U.S. Consumer Price Index 16:30
U.S. Federal Reserve interest rate decision 22:00
Federal Reserve press conference 22:30
Second resistance area
81.71 - 82.00
First resistance area
79.08 - 79.38
fulcrum
77.47
First support area
75.20 - 75.67
Second support area
73.13 - 73.62
XAU/USD
Gold closed last week with significant losses and fell with the European session this morning and is currently trading at $2315.46 per ounce. We note that the first support area was an area that caused the collapse of prices to reach the lowest price reached by gold at 2286.84 dollars this morning, and from the possible scenarios of rising prices as a kind of rebound that may reach the third support levels or rise to 2310 dollars, which it has already reached and fell again, and in the event of a rise, the recent high at 2312 must be broken, and the alternative scenario is to fall by targeting the support area on the four-hour time frame at 2272 dollars
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.