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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

03 February 2017

powered by Land Prime

  • EURUSD

The pair is on its way to reach the level of 1.0730. On the other hand, breaching the level of 1.0730 during the day opens the door for the pair for further downward movement.

Resistance levels: Support levels: Recommended:
▪ 1.0800
▪--
▪ --		 ▪ 1.0730
▪--
▪ --		 We remain bearish as long as the pair is traded below the level of 1.0800.
Your capital is at risk!
  • GBPUSD

The pair is traded below a strong resistance level around 1.2675 so we believe that as long as the pair is traded below it, it is highly recommended to go short targeting the level of 1.2430 during the day. On the other hand, breaching the level of 1.2675 opens the door for the pair to reach the level of 1.2720.

Resistance levels: Support levels: Recommended:
▪ 1.2675
▪1.2720
▪ --		 ▪ 1.2430
▪--
▪ --		 We remain bearish as long as the pair is traded below the level of 1.2675
Your capital is at risk!
  • GOLD

The gold is traded right above a strong support level around 1210 so as long as the pair is traded above it, it is highly recommended to go long targeting the level of 1220 followed by 1225 during the day. On the other hand, breaching the level of 1210 opens the door for the pair to reach the level of 1205 during the day.

Resistance levels: Support levels: Recommended:
▪ 1220
▪ 1225
▪ --		 ▪ 1210
▪ 1205
▪ 1190		 We remain bullish as long as the pair is traded above the level of 1210.
Your capital is at risk!
  • AUDUSD

The pair may continue going up to down to reach the level of 0.7600 during the day. In case it shows some positive factors, we may go long targeting the level of 0.7650 during the day. On the other hand, breaching the level of 0.7600 opens the door for further downward movement during the day.

Resistance levels: Support levels: Recommended:
▪ 0.7700
▪0.7750
▪0.7800		 ▪ 0.7600
▪ --
▪ --		 We remain bearish as long as the pair is traded below the level of 0.7700
Your capital is at risk!