EUR/USD
The Eurodollar is rising this morning and is trading at $1.0760, up 0.46%, technically speaking: The pair rose with the opening of the markets and created a bullish gap, breaking through the first resistance zone, and the possible scenarios are bearish, targeting the first resistance zone and covering the gap, and the alternative scenario is bullish, targeting the second resistance zone
Upcoming news that may affect the movement of the euro dollar:
- Eurozone : German Consumer Price Index
- America: Manufacturing PMI 17:45
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 0.23% and is currently trading at $1.2671, technically speaking: It is possible that the price has entered a sideways phase and is currently trying to break the third resistance zone, and in case of failure it will fall by targeting the levels of the second resistance zone
Upcoming news that could affect the movement of the British pound:
- America: Manufacturing PMI 17:45
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 recording historic prices and is currently trading at 161.05 levels, technically speaking: 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: Manufacturing PMI 17:45
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 0.07% against the dollar this morning and is currently trading at 0.66744, 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: Manufacturing PMI 17:45
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 0.85% and is currently trading at $82.13 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 like 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 falls this morning and rises with the European session and is currently trading at $2325.75 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 to fall to 2272.13 dollars.
Upcoming news that could affect gold:
- America: Manufacturing PMI 17:45
