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

Augus 13, 2021

powered by Land-FX

Today we are waiting for:

Nothing important for today

 

 

  • EURUSD

 

Update: Target was hit. As could be seen on the chart above that the pair is trading above a strong support level that is 1.1700. Therefore, we are bullish as long as the pair is trading above it with targets: 1.1750 followed by 1.1800.

 

Resistance levels: Support levels: Recommended:
 1.1850
1.1800
▪ 1.1750
▪ 1.1700
 1.1650
 1.1600

We are bullish as long as the pair is trading above 1.1700.

  • GBPUSD

 

Update: We remain the same. As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.3900. Therefore, we are bearish as long as the pair is trading below it with targets: 1.3800 followed by 1.3750.

 

Resistance levels: Support levels: Recommended:
▪ 1.4100
 1.4000
▪ 1.3900
 1.3800
 1.3750
 1.3700

We are bearish as long as the pair is trading below 1.3900.

  • GOLD

 

Update: Target was hit. As could be seen on the chart above that the pair is trading above a strong support level that is 1700. Therefore, we are bullish as long as the pair is trading above it with targets: 1750 followed by 1775.

 

Resistance levels: Support levels: Recommended:
 1830
 1800
 1790
 1700
 1677
 1650
We are bullish as long as the pair is trading above 1700.

  • AUDUSD

 

Update: Target was hit. As could be seen on the chart above that the pair is trading above 0.7300. Therefore, we are bullish as long as the pair is trading above it with targets: 0.7400 followed by 0.7430.

 

Resistance levels: Support levels: Recommended:

▪ 0.7460
0.7430
0.7400

▪ 0.7300
0.7250
▪ 0.7200

We are bullish as long as the pair is trading above 0.7300.

  • GBPJPY

 

Update: Target was hit. As could be seen on the chart above that the pair is trading below a strong resistance level that is 153.50. Therefore, we are bearish as long as the pair is trading below it with targets: 152 followed by 151.50.

 

Resistance levels: Support levels: Recommended:
155.50
 155.00
 153.50

 152.00
151.50
 151.00

We are bearish as long as the pair is trading below 153.50.


 

 

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