EUR/USD technical analysis
This pair broke the support level of 1.1240 and so we expect it to target 1.1180, then 1.1150. The resistance level of the pair 1.1285, if it is broken up, it may complete the rise to 1.1350.
GBP/USD technical analysis
This pair has returned to trading below the downtrend resistance line, and may continue to fall. A break of 1.2400 might target 1.1.2340 - 1.2300.
Resistance levels are 1.2505 - 1.2530, and breaching it may lead to a rise towards 1.2645
USD/JPY technical analysis
This pair rose and breached the resistance level of 107.10. Our expectation is for the pair to move sideways from this level and for it to hit support at 107.10 and resistance 107.85.
If the pair breaks through resistance at 107.85, we may target 108.10 levels. If this is bypassed, we may target 108.70. However, with a break of 106.70 support, we might witness declines targeting a level of 105.80.
Gold technical analysis
Gold came back to trading below a resistance level of 1765, so our expectation is that the price may continue to temporarily fall to 1755 and then 1750.
However, if the price rises above 1772 again, we may see it hit 1785 and 1790
Oil technical analysis
Oil fell below 39.00, so we expect the price to continue to fall to a support level 36.50, and if this is broken it the price may fall toward 35.00. If the price rises above 39.00, it mat retest 41.70 again.
Dow Jones technical analysis
The Dow Jones is trading below 25500 and is stable below this physiological barrier, so we expect continue fell to 25000. If the price breaks through the resistance at 25650, the price may continue to rise at 26000.
