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

26 June 2020

powered by Land Prime

Nothing important for today!

 

 

  • EURUSD

 

Update: All targets were hit. The chart above shows that the pair is trading below a strong resistance level that is 1.1350. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.1250 followed by 1.1200.

 

Resistance levels: Support levels: Recommended:
▪ 1.1350
▪ 1.1325
▪ 1.1300		 ▪ 1.1250
▪ 1.1200
▪ 1.1150

We are bearish as long as the pair is trading below 1.1350
  • GBPUSD

 

Update: All targets were hit. As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.2550. Therefore, we are bearish as long as the pair is trading below it. Our first target is 1.2400 followed by 1.2350.

 

Resistance levels: Support levels: Recommended:
▪ 1.2650
▪ 1.2615
▪ 1.2550		 ▪ 1.2400
▪ 1.2350
▪ 1.2300

We are bearish as long as the pair is trading below the level of 1.2550.

  • GOLD

 

Update: All targets were hit as expected. As could be seen on the chart above that the pair is trading above a strong support level that is 1765. Therefore, we are bullish as long as the pair is trading above it. Our first target is 1770 followed by 1780. On the other hand, if the level of 1765 is breached, in that case, our target would be 1750.

 

Resistance levels: Support levels: Recommended:
▪ 1780
▪ 1775
▪ 1770		 ▪ 1765
▪ 1760
▪ 1750		 We are bullish as long as the pair is trading above the level of 1765.

  • AUDUSD

 

Update: Our targets were hit. The chart above shows that the pair is trading below a strong resistance level that is 0.6980. Therefore, we are bearish as long as the pair is trading below it. Our first target is 0.6900 followed by 0.6870

 

Resistance levels: Support levels: Recommended:

▪ 0.7000
▪ 0.6980
▪ 0.6950

▪ 0.6900
▪ 0.6870
▪ 0.6834

We are bearish as long as the pair is trading below the level of 0.6980
  • GBPJPY

 

Update: All targets were hit as expected. The chart above shows that the pair is trading below a strong resistance level that is 134. Therefore, we are bearish as long as the pair is trading below it. Our first target is 133 followed by 132.50

 

Resistance levels: Support levels: Recommended:
▪ 135.20
▪ 134.50
▪ 134.00

▪ 133.00
▪ 132.50
▪ 132.00

We are bearish as long as the pair is trading below the level of 134.00

 

 

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.