News & Research

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

23 September 2022

powered by Land-FX

Nothing important for today!

 

  • EURUSD

Update: Target were hit. The chart above shows that the pair is trading below 1.0000. Therefore, we are bearish as long as the pair is trading below it with targets: 0.9800 – 0.9700. On the other hand, a daily close above 1.0000 would push the pair upwards that it might reach 1.0100 – 1.0200.

Resistance levels: Support levels: Recommended:
1.0400
1.0300
▪ 1.0000
▪ 0.9800
0.9750
0.9700

Bearish below 1.0000

  • GBPUSD

Update: Target were hit. As could be seen on the chart above shows that the pair is trading below 1.1300. Therefore, we are bearish as long as the pair is trading below it with targets: 1.1200 – 1.1100.

Resistance levels: Support levels: Recommended:
▪ 1.1450
1.1400
▪ 1.1300
1.1200
1.1100
1.1000

Bearish above 1.1300.

  • GOLD

Update: First target was hit. As could be seen on the chart above that the pair has been trading below a strong resistance level that is 1700. Therefore, we will be bearish as long as the pair is trading below it with targets: 1650 - 1600.

Resistance levels: Support levels: Recommended:
1800
1750
1700
1650
1600
1580
Bearish below 1700.

  • AUDUSD

Update: First target was hit and it is on its way to reach its final target. The chart above shows that pair is trading below a strong resistance level that is 0.6700. Therefore, we are bearish as long as the pair is trading below it with targets: 0.6600 – 0.6500.

Resistance levels: Support levels: Recommended:

▪ 0.7000
0.6800
0.6700

▪ 0.6600
0.6500
▪ 0.6400

Bearish below 0.6700.

  • GBPJPY

Update: Target were hit. The chart above shows that the pair is trading below 164. Therefore, we are bearish as long as the pair is trading below it with targets: 161 – 158.

Resistance levels: Support levels: Recommended:
170.00
166.00
164.00

 160.60
158.00
156.00

Bearish below 164.

 

 

 

Disclaimer: The information contained in this publication is produced by Land-FX and not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Land-FX current judgment and may change without notice. This message is for information purposes only and is not intended as an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. No representation or warranty is made that this information is complete or accurate. Any views or opinions expressed do not necessarily represent that Land-FX. This email and the information it contains may be confidential, proprietary or legally privileged. You must not, directly or indirectly, use, disclose, distribute, copy or store this message or any part of it if you are not the intended recipient. Unless otherwise stated, any pricing information given in this email is indicative only, is subject to changes and does not constitute an offer to deal at any price quoted.