EUR/USD
The Eurodollar is rising this morning and is trading at $1.0698, up 0.10% technically: The pair fell to the first support area, bounced back, then returned and broke out of the area, and the possible scenarios are the continuation of the decline by targeting the second support area, and the alternative scenario is a rise to the pivot point
Upcoming news that may affect the movement of the euro dollar:
- America : PCE Price Index 16:30
Second resistance area
1.07959 - 1.08017
First resistance area
1.07422 - 1.07486
fulcrum
1.07245
First support area
1.06980 - 1.07086
Second support area
1.06490 - 1.06592
GBP/USD
The British pound is rising against the US dollar this morning and is currently trading at 1.2642 from a technical point of view: The British pound broke the uptrend and is testing the resistance zone and possible scenarios: The pair rises and reaches the resistance area on the four-hour timeframe and we may see a retest of the area, and the alternative scenario is to fall by targeting the levels of the second resistance area
Upcoming news that could affect the movement of the British pound:
- America : PCE Price Index 16:30
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 and testing the highest high recorded this morning and is currently trading at 160.47, technically speaking: The pair has fallen slightly since the test of the previous high and we are likely to see a pullback to 158.034 levels, and the alternative scenario is to target new prices up to 161.100
Upcoming news that may affect the movement of the dollar/yen:
- America : PCE Price Index 16:30
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 is down 0.21% against the dollar this morning and is currently trading at 0.6633, technically speaking: Prices rose and reached the second resistance zone, and among the possible scenarios is a retest of the third resistance zone, and the alternative scenario is a drop by targeting the second resistance zone, and a sideways movement has formed between the two zones
News that may affect the movement of the Australian dollar against the US dollar:
- America : PCE Price Index 16:30
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 rise at the second resistance zone and this morning oil is up 0.52% and is currently trading at $82.19 per barrel. Technically, the price breakout from the second resistance area is still under confirmation, and the possible scenarios are bearish by targeting the first resistance area, and the alternative scenario is bullish by targeting 83.55
News you may want to move the pair:
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 is rising with the European session this morning and is currently trading at $2327.69 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. Prices are considered in a transverse movement between the third support level and the potential support level, and currently prices are testing the third support area, stability and stability above these prices opens the way for a return to the second support area, and the alternative scenario of price stability below the potential support area opens the way for a drop to 2272.13 dollars.
Upcoming news that could affect gold:
- America : PCE Price Index 16:30
