EUR/USD
The Euro/Dollar is falling this morning and is trading at $1.0798, by 0.1%. Technically: The euro fell from the fulcrum area at 1.08372 and reached the first support area and failed to break the area until this moment. Among the expected scenarios is the price rebounding from the support area levels and targeting the fulcrum area. The alternative scenario is a continuation of the decline to the second support area.
Upcoming news that may affect the movement of the euro dollar:
Thursday:
• America: Unemployment claims rates 16:30
• America: GDP 16:30
Second resistance area
1.09256 -1.09378
First resistance area
1.08700 -1.08843
fulcrum
1.08372
First support area
1.08017 -1.07951
Second support area
1.07486-1.07422
GBP/USD
The British pound fell against the US dollar yesterday after arriving at the third resistance area, which in turn is being tested as to whether it is an area that should be taken into consideration as a region, and is currently trading at 1.2699. From a technical standpoint: 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 movement of the pound sterling against the dollar:
Thursday:
• America: Unemployment claims rates 16:30
• America: GDP 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 and the yen have been falling since yesterday. It is currently trading at 156.79 levels, and from a technical standpoint: We may see prices falling further in an attempt to target the second resistance area as a retest. The alternative scenario is that the price will rise by targeting the last peak and 157.873 levels.
Upcoming news that may affect the movement of the dollar/yen:
Thursday:
• America: Unemployment claims rates 16:30
• America: GDP 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 Australian dollar rose against the US dollar this morning, rising more than 0.02%, and is currently trading at 0.6605. Technically: The price rebounded near the first resistance area and reached the second resistance area. One of the possible scenarios is a continuation of the rise to the third resistance area, and the alternative scenario is a retest of the first resistance area.
Upcoming news that may affect the movement of the Australian dollar against the US dollar:
Thursday:
• America: Unemployment claims rates 16:30
• America: GDP 16:30
Second resistance area
0.66143 – 0.66231
First resistance area
0.65663 – 0.65783
fulcrum
0.65217
First support area
0.63154 – 0.63609
Second support area
0.60219 – 0.59604
USOIL
Oil prices fell yesterday, reaching the first resistance area and seeking to reach the focal area. This morning, oil fell by 0.51% since this morning and is currently trading at $78.83 per barrel. Technically, oil rose to the first resistance area and retested the area and fell below it. Either the decline continues to the fulcrum or returns to the rise to reach the second resistance area.
Upcoming news that may affect the movement of oil:
Thursday:
- America: US crude oil stocks 19:00
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 fell yesterday and rose this morning with the Asian session, and is currently trading at $2,334.34 per ounce. From a technical standpoint, we note that the price respects the regions. But the sellers’ pressure was stronger. One of the possible scenarios is a return to the second support levels and an attempt to penetrate them. The alternative scenario is a continuation of the decline by targeting the third support area again.
Upcoming news that may affect the movement of gold:
Thursday:
• America: Unemployment claims rates 16:30
• America: GDP 16:30
