EUR/USD
The Eurodollar is rising this morning and trading at $1.0836, up 0.30% technically: The pair rose with the opening of the markets and retested the second resistance area and rose again, and the possible scenarios are 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,
News you may like the movement of the Eurodollar:
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 is up 0.15% this morning and is currently trading at $1.2817, 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
News you might like to see the pound move:
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 falling this morning and rising with the European markets and is currently trading at 160.89 levels and from a technical point of view: 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:
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 0.6743, 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:
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 0.90% and is currently trading at $82.54 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 affecting 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 is falling this morning and falling with the European session and is currently trading at 2377.17 dollars per ounce. Technically, gold rose last week and reached the pivot point at 2392.30 dollars, and currently it fell to retest the first support area, and from the possible scenarios for a 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
News you might like about gold’s movement:
