EUR/USD
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1.0890
As we see over the chart, market managed to hold trades below our resistance 1.1070 which managed to push market below 1.0960 after US GDP last Friday where market still signaling more drop toward our targeted zone 1.0800 and 1.0700 as we advised before
market short-run resistance at 1.0980 where as long as market holding below this zone will expect farther drop as we see over the chart
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 10860 | 1.0910 | |
| LEVEL2 | 1.0810 | 1.0960-80 | |
| LEVEL3 | 1.0780 | 1.1070 |
GBP/USD
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1.3860
market managed to fell to test support 1.3845 as we see over the chart, while as long as this support stand a chance for rebound correction may sustain toward 1.3960-1.4000 zone
from that zone will expect the downtrend pressure to back on market to head toward 1.3655 zone, while market have chance to sustain drop without any rebound correction and so keep eye on first resistance 1.3915
above 1.4040 expect 1.4140-60
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 1.3845 | 1.3915 | |
| LEVEL2 | 1.3780 | 1.3960-1.4000 | |
| LEVEL3 | 1.3720 | 1.4040 |
USD/JPY
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112.90
as we see over the chart, market managed to break above resistance level of the downtrend line 112.60 where market managed to sustain advance toward 114.00 before retreated back to test 112.50-60 support zone
as long as market holding above 112.50 the market will have chance to sustain advance toward 115.10
below 112.50 market may head to re-test downtrend line around 111.50-60 zone before rebound back toward 115.10
below 111.00 market will add more drop risk toward 110.00 zone
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 112.50 | 113.40 | |
| LEVEL2 | 111.50-60 | 114.00 | |
| LEVEL3 | 111.00 | 115.10 |
Crude Oil
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Oil 6J - New Contract
32.70
As we see over the chart, market failed to break above resistance 34.80 which hold the downtrend pressure back over Oil
as we advised before as long as market holding below 34.80 the downtrend pressure will sustain for another drop to test 29.40 and 27.55
above 34.80 market may sustain advance toward 36.50-37.00 zone
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 32.30 | 33.60-80 | |
| LEVEL2 | 30.50-70 | 34.40-80 | |
| LEVEL3 | 29.40 | 36.00 |
Gold
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1229
as long as market holding trades below 1264 another drop correction will still on hand to test 1180-85 zone
above 1264 market may head to test 1300-10 zone
short-run: market showing trading zone between 1211 - 1250 , while market showing first resistance at 1238-43 zone where as long as market holding below this resistance another drop will be expected toward 1220 zone
below 1211 will be good sign of continues drop to test 1180-85 zone
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 1218-20 | 1238-43 | |
| LEVEL2 | 1211 | 1250 | |
| LEVEL3 | 1200 | 1264 |
Dow Jones
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Mini Dow-Jones
16560
Market retreated before testing resistance 16880-900 while market still holding trades above support 16390
as long as market holding above 16390 another rebound toward 16700 zone will be expected
below 16390 market will face support at 16200-30 zone while below this zone farther drop yet to come
| SUPPORT | RESISTANCE | ||
| LEVEL1 | 16390 | 16630 | |
| LEVEL2 | 16200-30 | 16700-30 | |
| LEVEL3 | 16000 | 16880-900 |
Source: www.orbex.com
