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Market Research & Info

Land-FX analyst Shadi Abdo

  • Member of The Egyptian Society of Technical Analyst
  • Head of Education department, Market Strategist, Chief Technical Analyst of Global Leading Forex Brokerage companies
  • Trained over 5000 professional trainers more than 10 years
  • BSc in Economics from Mansoura University

09 September 2022

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Nothing important for today!

 

  • EURUSD

Update: First target was hit. The chart above shows that the pair is trading above 0.9800. Therefore, we are bullish as long as the pair is trading above it with targets: 1.0000 – 1.0100. On the other hand, a daily close below 0.9800 would push the pair downwards that it might reach 0.9700.

Resistance levels: Support levels: Recommended:
1.0200
1.0050
▪ 1.0000
▪ 0.9800
0.9750
0.9700

Bullish above 0.9800.

  • GBPUSD

Update: First target was hit. The chart above shows that the pair is trading above 1.1350. Therefore, we are bullish as long as the pair is trading above it with targets: 1.1600 – 1.1700.

Resistance levels: Support levels: Recommended:
▪ 1.1850
1.1700
▪ 1.1600
1.1350
1.1300
1.1250

Bullishness above 1.1300.

  • GOLD

Update: No changes. The pair is trading above a strong support level that is 1670. Therefore, we will be bullish as long as the pair is trading above it with targets: 1750 - 1800.

Resistance levels: Support levels: Recommended:
1850
1820
1750
1670
1650
1600
Bullishness above 1670.

  • AUDUSD

Update: No changes. As could be seen on the chart above that the pair is trading above a strong support level that is 0.6700. Therefore, we are bullish as long as the pair is trading above it with targets: 0.7000 – 0.7100.

Resistance levels: Support levels: Recommended:

▪ 0.7200
0.7100
0.7000

▪ 0.6700
0.6600
▪ 0.6500

Bullish above 0.6700.

  • GBPJPY

Update: The pair has reached 166.17 – waiting for bearish evidence. Waiting for the pair to reach 166.50 then we might go short.

Resistance levels: Support levels: Recommended:
170.00
166.00
164.00

 160.60
158.00
156.00

Waiting!

 

 

 

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