EUR/USD
The Eurodollar rose this morning and is trading at $1.0873, up 0.05% technically: The euro rose from the fulcrum area at 1.08372, penetrated the first resistance area, recorded the highest high at $1.09160, and then fell. One of the expected scenarios is that the pair will break the first resistance area and test it again now. If the test is successful, it will rise again to the second resistance area, and in the event of failure, it will continue to fall by targeting the fulcrum point in the first stage.
Upcoming news that may affect the movement of the euro dollar:
Wednesday :
- Eurozone : The interest rate on borrowing is 16:15
- America : Unemployment rates 16:30
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 reaching the third resistance area, which is testing whether it is an area to be considered as an area and is currently trading at 1.2783 from a technical point of view: The pound may return to the second resistance area to retest the area. If it passes and closes below the area, it will open for further decline to return to the first resistance area. In the event of failure, we may witness a rise that may reach the resistance area of the four-hour time frame.
Upcoming news that may affect the pair’s movement:
- America : Unemployment rates 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 rose in the Asian session this morning and is currently trading at 156.361 levels, technically speaking: The dollar fell and reached near the pivot point and rebounded since this morning by targeting the second resistance area, and the possible scenarios are to continue to rise by targeting 157.873, and the alternative scenario is to fall by targeting the pivot point again
Upcoming news that may affect the pair’s movement:
- America : Unemployment rates 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 fell against the US dollar this morning, dropping more than 0.5% and currently trading at 0.6646 from a technical perspective: Yesterday, the price rose with the economic news and reached the third resistance zone again, from which the price bounced back to continue the decline until now, and one of the possible scenarios is the continuation of the decline by targeting the second resistance zone and the alternative scenario is to return to the third resistance zone
Upcoming news that may affect the pair’s movement:
- America : Unemployment rates 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 rose yesterday, and this morning oil is up 0.38% since this morning and is currently trading at 74.52 dollars per barrel. From a technical point of view, oil fell to the second support area and then stabilized above the second support area, and the possible scenarios are the continuation of the rise by targeting the first support area and the alternative scenario is to fall as a retest of the second support area
Upcoming news that may affect the movement of oil:
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 rose yesterday and rose with the Asian session this morning and is currently trading at 2361.01 dollars per ounce. We note from the technical point of view that the price respects the zones, and from the possible scenarios: falling from the first support levels by targeting the second support levels, and the alternative scenario is to continue to rise by targeting the pivot point
Upcoming news that may affect the movement of the euro dollar:
- America : Unemployment rates 16:30
