EUR/USD
The Eurodollar is rising this morning and trading at $1.2979 by 0.05% and technically: The pair rose to the third resistance area and rebounded from it, and from the expected scenarios to continue the rise by targeting 1.09256, and the alternative scenario is to fall by targeting the second resistance area,
Upcoming news that may affect the movement of the euro dollar:
America : Fed Chairman Powell’s 20:30 talk
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 rose this morning by 0.05% and is currently trading at $1.2979, technically speaking: The British pound reaches the resistance area on the four-hour timeframe and stabilizes above these levels, and the possible scenarios are a drop with a target of 1.28646, and the alternative scenario is a continued rise with a target of 1.29717
Upcoming news that could affect the movement of the British pound:
America : Fed Chairman Powell’s 20:30 talk
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 fell this morning with the European markets after falling last week and is currently trading at 157.89 levels and from a technical point of view: The pair fell yesterday and bounced from the first support area, and the expected scenarios are to rise by targeting the first resistance area, and the alternative scenario is to fall by targeting the first support area again and then the second support area
Upcoming news that may affect the movement of the dollar/yen:
America : Fed Chairman Powell’s 20:30 talk
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 down 0.09% against the dollar this morning and is currently trading at 0.6778, technically speaking: Prices rose and reached the second resistance zone, and from the possible scenarios, a retest of the third resistance zone is possible, and the alternative scenario is to rise, targeting 0.68000
News that may affect the movement of the Australian dollar against the US dollar:
America : Fed Chairman Powell’s 20:30 talk
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 fall after retesting $83.55 This morning, oil is down 0.19% and is currently trading at $81.97 per barrel. Technically, oil targeted $85.58, and it is possible to fall by targeting the second resistance area and then the first resistance, and the alternative scenario is to continue to rise by targeting $85.58 levels
Upcoming news may affect the movement of oil:
America : U.S. Producer Price Index 16:30
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 falls this morning and rises with the European session and is currently trading at 2408.72 dollars per ounce. Technically, it is trading at the first resistance area at 2407.65 dollars, and one of the possible scenarios is to continue to rise by targeting the second resistance area and the alternative scenario is to fall by targeting the pivot point area and then the first support area
News that may affect the movement of gold:
America : Fed Chairman Powell’s 20:30 talk
