Market Scenario 1: Long positions above 0.7751 with target at 0.7784.
Market Scenario 2: Short positions below 0.7751 with target at 0.7716.
Comment: The pair jumps and tries to break resistance level 0.7751.
Supports and Resistances:
R3 0.7887
R2 0.7852
R1 0.7819
PP 0.7784
S1 0.7751
S2 0.7716
S3 0.7683
Market Scenario 1: Long positions above 140.78 with target at 141.50.
Market Scenario 2: Short positions below 140.78 with target at 139.41.
Comment: The pair advanced higher and takes the challenge to surpass resistance level 140.78.
Supports and Resistances:
R3 142.87
R2 141.50
R1 140.78
PP 139.41
S1 138.69
S2 137.32
S3 136.60
Market Scenario 1: Long positions above 1.1346 with target at 1.1418.
Market Scenario 2: Short positions below 1.1346 with target at 1.1213.
Comment: The pair’s volatility and rebound is temporary according to analysts.
Supports and Resistances:
R3 1.1551
R2 1.1418
R1 1.1346
PP 1.1213
S1 1.1141
S2 1.1008
S3 1.0936
Market Scenario 1: Long positions above 191.04 with target at 191.54.
Market Scenario 2: Short positions below 191.04 with target at 190.28.
Comment: The pair jumped higher and seems it’s going to make an attempt to surpass 191.00 level.
Supports and Resistances:
R3 192.30
R2 191.54
R1 191.04
PP 190.28
S1 189.78
S2 189.02
S3 188.52
Market Scenario 1: Long positions above 1.5391 with target at 1.5444.
Market Scenario 2: Short positions below 1.5391 with target at 1.5320.
Comment: The pair is lifted to session tops in the boundaries of 1.5400 level, due to the fact that the pound is gathering further traction against the dollar.
Supports and Resistances:
R3 1.5515
R2 1.5444
R1 1.5391
PP 1.5320
S1 1.5267
S2 1.5196
S3 1.5143
Market Scenario 1: Long positions above 124.22 with target at 124.67.
Market Scenario 2: Short positions below 123.78 with target at 123.33.
Comment: The pair has a bearish tone and trades below 124.00 level.
Supports and Resistances:
R3 125.56
R2 125.11
R1 124.67
PP 124.22
S1 123.78
S2 123.33
S3 122.89
Market Scenario 1: Long positions above 1186.70 with target at 1194.40.
Market Scenario 2: Short positions below 1177.90 with target at 1170.20.
Comment: Gold prices recovered partial losses and keep red in the mid-European session, bouncing-off lows just ahead of 1180.00 level.
Supports and Resistances:
R3 1210.90
R2 1203.20
R1 1194.40
PP 1186.70
S1 1177.90
S2 1170.20
S3 1161.40
Market Scenario 1: Long positions above 60.13 with target at 60.91.
Market Scenario 2: Short positions below 58.82 with target at 58.04.
Comment: Crude oil prices slipped today ahead of a key OPEC meeting to decide production policy at a time of huge global oversupply.
Supports and Resistances:
R3 63.00
R2 62.22
R1 60.91
PP 60.13
S1 58.82
S2 58.04
S3 56.73
Market Scenario 1: Long positions above 54.082 with target at 54.784.
Market Scenario 2: Short positions below 54.082 with target at 52.680.
Comment: The pair rose, and trades near resistance level 54.052, and tries to break it.
Supports and Resistances:
R3 56.888
R2 54.784
R1 54.082
PP 52.680
S1 51.977
S2 50.575
S3 48.471
