News & Research

Market Research & Info

Land Prime 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

30 December 2022

powered by Land Prime

Nothing important for today!

 

  • EURUSD

Update: We remain the same. The chart above shows that the pair has been trading below a strong resistance level that is 1.0700. Therefore, we are bearish as long as the pair is trading below it with targets: 1.0400 – 1.0250. On the other hand, a daily close above 1.0700 would push the pair upwards.

Resistance levels: Support levels: Recommended:
1.0750
1.0700
1.0600
1.0150
1.0000
0.9800

Bearishness below 1.0600 – 1.0700.

  • GBPUSD

Update: We remain the same. The chart above shows that the pair has been trading below a strong resistance level that is 1.2400. Therefore, we are bearish as long as the pair is trading below it with targets: 1.2100 – 1.2000. On the other hand, a daily close above 1.2400 would push the pair upwards towards: 1.2450 – 1.2500.

Resistance levels: Support levels: Recommended:
▪ 1.2500
1.2450
▪ 1.2400
1.2100
1.2000
1.1900

Bearishness below 1.2400

  • GOLD

Update: We remain the same. The chart above shows that the pair is trading above 1780. Therefore, we are bullish as long as the pair is trading above it with targets: 1810 – 1820.

Resistance levels: Support levels: Recommended:
1850
1820
1810
1780
1750
1700
Bullish above 1780.

  • AUDUSD

Update: We remain the same. The chart above shows that the pair has been 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: 0.6900 – 0.6950.

Resistance levels: Support levels: Recommended:

▪ 0.7100
0.7000
0.6900

▪ 0.6700
0.6500
▪ 0.6430

Bullish above 0.6700

  • GBPJPY

Update: The pair went the other way around. As could be seen on the chart above that the pair is trading below a strong support level that is 168.50. Therefore, we are bearish as long as the pair is trading below it with targets: 166 – 165.

Resistance levels: Support levels: Recommended:
170.00
169.00
168.50

 166.00
165.00
164.00

Bearishness below 168.50.

 

 

 

Disclaimer: The information contained in this publication is produced by Land Prime and not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects Land Prime 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 Prime. 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.