EUR/USD
The Eurodollar fell this morning and is trading at $1.0817, down 0.05%, technically: The pair fell with the opening of the markets, retested the second resistance area and rose again, and one of the possible scenarios is to continue the rise by targeting the third resistance area and the alternative scenario is to return to the second resistance levels and then target the first resistance area,
Upcoming news that may affect the movement of the euro dollar:
America : Fed Chairman Powell’s testimony 18:00
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 fell this morning by 0.20% and is currently trading at $1.2800, technically speaking: The pound breaks the third resistance zone, and the possible scenarios are the continuation of the pair to the resistance zone on the four-hour timeframe and the alternative scenario is a drop by targeting the third resistance zone
Upcoming news that could affect the movement of the British pound:
America : Fed Chairman Powell’s testimony 18:00
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 this morning and rising with the European markets and is currently trading at 160.91 levels and technically: Resistance zones have become support zones, and possible scenarios include continuing the ascent by targeting the second resistance zone and the alternative scenario of descending and testing the first resistance zone
Upcoming news that may affect the movement of the dollar/yen:
America : Fed Chairman Powell’s testimony 18:00
Second resistance area
163.079 -163.555
First resistance area
159.845 -160.165
fulcrum
159.000
First support area
155.406 - 155.343
Second support area
156.341 - 156.260
AUD/USD
The Aussie is up 0.06% against the dollar this morning and is currently trading at 0.6741, 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 : Fed Chairman Powell’s testimony 18:00
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 are falling after the rally we saw at the second resistance area, and this morning oil is down 0.41% and is currently trading at $81.87 per barrel. Technically, oil targeted $83.55, and it is possible to fall by targeting the second resistance area, and the alternative scenario is to continue rising by targeting $85.58 levels
Upcoming news may affect the movement of oil:
America : Fed Chairman Powell’s testimony 18:00
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 rises this morning and falls with the European session and is currently trading at 2360.50 dollars per ounce. Technically, gold rose last week and reached the pivot point at 2392.30 dollars and currently fell to retest the first support area, and from the possible scenarios of rebound by targeting the pivot point and then the first resistance area, and the alternative scenario is to fall by targeting the second support area and then the third support area.
News that may affect the movement of gold:
America : Fed Chairman Powell’s testimony 18:00
