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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

19 November 2021

powered by Land-FX

Nothing important for today!

 

  • EURUSD

 

Update: The pair is about reaching our targets. The chart above shows that the pair is trading below a strong resistance level that is 1.1500. Therefore, we are bearish as long as the pair is trading below it with targets: 1.1200 followed by 1.1150.

 

Resistance levels: Support levels: Recommended:
 1.1660
1.1600
▪ 1.1500
▪ 1.1200
 1.1150
 1.1100

We are bearish as long as the pair is trading below 1.1500.

  • GBPUSD

 

Update: The pair is about reaching our targets As could be seen on the chart above that the pair is trading above a strong support level that is 1. 3340. Therefore, we are bullish as long as the pair is trading above it with targets: 1.3500 – 1.3550. On the other hand, if the level of 1.3340 is broken, the pair might continue going downwards to reach 1.3300 – 1.3250.

 

Resistance levels: Support levels: Recommended:
▪ 1.3750
 1.3700
▪ 1.3600
 1.3340
 1.3300
 1.3250

We are bullish as long as the pair is trading above 1.3340.

  • GOLD

 

Update: No changes, we remain the same. The chart above shows that the pair is trading below a strong resistance level that is the downtrend line (shown on the chart in red). Therefore, we are bearish as long as the pair is trading below it with targets: 1835 followed by 1800.

 

Resistance levels: Support levels: Recommended:
 1950
 1900
 1890
 1834
 1815
 1800
We are bearish as long as the pair is trading below the downtrend line.

  • AUDUSD

 

Update: The pair is about reaching the bearish target. The chart above shows that the pair is trading above a strong support level that is 0.7270. Therefore, we are bullish as long as the pair is trading above it with targets: 0.7300. On the other hand, if the level of 0.7270 is broken, the pair might continue going downwards to reach 0.7200.

 

Resistance levels: Support levels: Recommended:

▪ 0.7365
0.7300
0.7290

▪ 0.7270
0.7230
▪ 0.7200

We are bullish as long as the pair is trading above 0.7270.

  • GBPJPY

 

Update: We remain bullish. As could be seen on the chart above that the pair is trading above a strong support level that is 152.60 Therefore, we are bullish as long as the pair is trading above it with targets: 154 followed by 155.

.

 

Resistance levels: Support levels: Recommended:
155.50
 155.00
 154.00

 152.60
152.00
 151.00

We are bullish as long as the pair is trading above 152.60.


 

 

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