EUR/USD
The euro dollar is falling this morning and is trading at $1.0874, by 0.05%. Technically: The euro rose from the fulcrum area at 1.08372, penetrated the first resistance area, recorded the highest high at $1.09160, and then fell. One of the expected scenarios is that the pair will break the first resistance area and test it again now. If the test is successful, it will rise again to the second resistance area, and in the event of failure, it will continue to fall by targeting the fulcrum point in the first stage.
Upcoming news that may affect the movement of the euro dollar:
- America: Change in non-farm private sector jobs 16:15
- America: Services PMI 17:45
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 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 1.2780. 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:
- America: Change in private non-farm sector jobs 16:15
- America: Services 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 and the yen have been falling since yesterday and rose in the Asian session this morning and are currently trading at 155.98 levels. Technically: The dollar/yen fell and reached near the fulcrum point and rebounded since this morning by targeting the second resistance area. One of the possible scenarios is the continuation of the rise, targeting 157.873, and the alternative scenario is the decline, targeting the fulcrum point again.
Upcoming news that may affect the movement of the dollar/yen:
- America: Change in private non-farm sector jobs 16:15
- America: Services PMI 17:45
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 0.14% and currently trading at 0.6659. Technically: It rose yesterday with the economic news and reached the third resistance area, and the price rebounded from it to continue the decline until now. One of the possible scenarios is the continuation of the decline by targeting the second resistance area, and the alternative scenario is a return to the third resistance area.
News that may affect the movement of the Australian dollar against the US dollar:
- America: Change in private non-farm sector jobs 16:15
- America: Services PMI 17:45
Second resistance area
2446.43 – 2451.17
First resistance area
1.08843 – 1.08700
fulcrum
1.08843 – 1.08700
First support area
1.08843 – 1.08700
Second support area
1.08843 – 1.08700
USOIL
The Euro/Dollar is falling this morning and is trading at $1.0843, by 0.12%. Technically: The euro rose from the fulcrum area at 1.08372 and reached the first resistance area and failed to break the area. Among the expected scenarios is the price rebounding from the resistance area levels and targeting the fulcrum area and then the first initial support area. The alternative scenario is a continuation of the rise to the second resistance area.
Upcoming news that may affect the movement of the euro dollar:
Wednesday :
- Euro: Consumer Price Index 12:00
- Euro: German CPI 16:00
Second resistance area
2446.43 – 2451.17
First resistance area
1.08843 – 1.08700
fulcrum
1.08843 – 1.08700
First support area
1.08843 – 1.08700
Second support area
1.08843 – 1.08700
XAU/USD
The Euro/Dollar is falling this morning and is trading at $1.0843, by 0.12%. Technically: The euro rose from the fulcrum area at 1.08372 and reached the first resistance area and failed to break the area. Among the expected scenarios is the price rebounding from the resistance area levels and targeting the fulcrum area and then the first initial support area. The alternative scenario is a continuation of the rise to the second resistance area.
Upcoming news that may affect the movement of the euro dollar:
Wednesday :
- Euro: Consumer Price Index 12:00
- Euro: German CPI 16:00
