EUR/USD
EURUSD is rising this morning and since the opening of the markets, the pair opened the price on a bearish gap and fell to the second support area and is trading at $ 1.0745 by 0.5% and from a technical point of view: The pair has fallen since Friday’s close at the first support area, and since the opening of the markets, it succeeded in reaching the second support area, and from the expected scenarios, the price is trying to return to test the second support area again in an attempt to break it, and the alternative scenario is a rebound with the aim of covering the gap and testing the first support area again.
News you may like the movement of the Eurodollar:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
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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 falling since the beginning of the week and breaking the uptrend and is currently testing the third resistance area and is currently trading at 1.2747 levels and from a technical point of view: The British pound has broken the uptrend and is testing the resistance zone and possible scenarios: Bounce and retest the uptrend area at 1.27621 levels, and if the test is successful, it continues to rise by targeting the four-hour resistance area, and in case of failure, it will return to fall to break the third resistance area again, and the alternative scenario is to continue falling from current prices by targeting the second resistance area
Upcoming news that could affect the movement of the British pound:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
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 in the Asian session this morning and is currently trading at 157.26 levels, technically speaking: The dollar rose from the first resistance area to the second resistance area in an attempt to target the levels of 157.873, and the possible scenarios include reaching the levels of 157.873 and 158.034, and the alternative scenario is to fall by targeting the first resistance levels
Upcoming news that may affect the movement of the dollar/yen:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
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 last week and rose this morning by 0.21% and is currently trading at 0.6620 from a technical point of view: Prices fell near the third resistance area until the first resistance area, and it seems that the price rebounded from the first resistance area in the first visit to these prices, and the possible scenarios are for prices to rise by targeting the second resistance levels as a retest, and the alternative scenario is to fall again by targeting the pivot point
News that may affect the movement of the Australian dollar against the US dollar:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
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 0.46% and is currently trading at $78.48 per barrel. Technically, after the prices stabilized the first support area, they rose and reached the pivot point at 77.47, and the possible scenarios are for prices to rise by targeting the first resistance area and the alternative scenario is to fall by targeting the first support area as a retest
Upcoming news may affect the movement of oil:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
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 closed last week with significant losses and fell with the European session this morning and is currently trading at $2315.46 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 this morning, and from the possible scenarios of rising prices as a kind of rebound that may reach the third support levels or rise to 2310 dollars, which it has already reached and fell again, and in the event of a rise, the recent high at 2312 must be broken, and the alternative scenario is to fall by targeting the support area on the four-hour time frame at 2272 dollars
Upcoming news that could affect gold:
- U.S. Consumer Price Index 16:30
- U.S. Federal Reserve interest rate decision 22:00
- Federal Reserve press conference 22:30
