News & Research

24 September 2019

powered by Land Prime

• 
• EURUSD

 

As could be seen on the chart above that the pair is traded below a strong resistance level that is the downtrend line. But we are in the middle so we better wait for the pair to reach the downtrend line or the support level of 1.0930

 

Resistance levels:	Support levels:	Recommended:
▪ 1.1242 ▪ 1.1180 ▪ 1.1065	▪ - ▪ - ▪ 1.0930	We are bearish as long as the pair is traded below the downtrend line

• 
• GBPUSD

 

The chart above shows that the pair is traded below a strong resistance level that is 1.2550. Therefore, we are bullish as long as the pair is traded below it. Our first target is 1.2300. Conditioned by the continuation of trading below the level of 1.2550

 

Resistance levels:	Support levels:	Recommended:
▪ 1.36 ▪ 1.3310 ▪ 1.2550	▪ - ▪ - ▪ 1.2300	We are bearish as long as the pair is traded below the level of 1.2550

• 
• GOLD

 

As could be seen on the chart above that the pair is traded below a strong resistance level that is 1527. So, we are bearish as long as the pair is traded above it. Our first target is 1510.

 

Resistance levels:	Support levels:	Recommended:
▪ 1550 ▪ 1540	▪ 1490 ▪ 1260 ▪ 1265	We are bearish as long as the pair is traded below the level of 1515 – 1505.

• 
• 
• AUDUSD

 

As could be seen on the chart above that the pair is traded above a strong support level that is 0.6750. We can go long in case the pair shows up some bullish evidence above this level. Our first target is: 0.6900.

 

Resistance levels:	Support levels:	Recommended:
▪ 0.7550 ▪ 0.7600 ▪ 0.7000	▪ 0.6680 ▪ 0.6650 ▪ -	We are bullish.

• 
• 
• GBPJPY

 

The chart above shows that the pair is traded below a strong resistance level that is 136 Therefore, we are bearish as long as the pair is traded below it. Our first target is 133 – 132.

 

Resistance levels:	Support levels:	Recommended:
▪ 135 ▪ 136 ▪ 136.50	▪ 132 ▪ 131 ▪ 130	We are bullish.

 

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