Market Scenario 1: Long positions above 0.7673 with target at 0.7708.
Market Scenario 2: Short positions below 0.7609 with target at 0.7574.
Comment: The pair might have a downside potential towards 0.7530 on a break below 0.7630, according to analysts.
Supports and Resistances:
R3 0.7807
R2 0.7772
R1 0.7708
PP 0.7673
S1 0.7609
S2 0.7574
S3 0.7510
Market Scenario 1: Long positions above 137.02 with target at 137.90.
Market Scenario 2: Short positions below 136.52 with target at 135.64.
Comment: The pair rose and surpassed pivot point 136.52.
Supports and Resistances:
R3 138.40
R2 137.90
R1 137.02
PP 136.52
S1 135.64
S2 135.14
S3 134.26
Market Scenario 1: Long positions above 1.1088 with target at 1.1135.
Market Scenario 2: Short positions below 1.1006 with target at 1.0959.
Comment: The pair is erasing profits ahead of US non-farm payrolls report.
Supports and Resistances:
R3 1.1264
R2 1.1217
R1 1.1135
PP 1.1088
S1 1.1006
S2 1.0959
S3 1.0877
Market Scenario 1: Long positions above 192.36 with target at 192.89.
Market Scenario 2: Short positions below 192.36 with target at 191.80.
Comment: The pair trades neutral above pivot point 192.36.
Supports and Resistances:
R3 193.98
R2 193.45
R1 192.89
PP 192.36
S1 191.80
S2 191.27
S3 190.71
Market Scenario 1: Long positions above 1.5644 with target at 1.5701.
Market Scenario 2: Short positions below 1.5557 with target at 1.5500.
Comment: The pair is expected to extend losses towards 1.5549 because it broke below 1.5606, according to analysts.
Supports and Resistances:
R3 1.5845
R2 1.5788
R1 1.5701
PP 1.5644
S1 1.5557
S2 1.5500
S3 1.5413
Market Scenario 1: Long positions above 123.47 with target at 123.79.
Market Scenario 2: Short positions below 123.47 with target at 122.92.
Comment: The pair strengthened and now faces resistance level 123.47 ahead of US data.
Supports and Resistances:
R3 124.34
R2 123.79
R1 123.47
PP 122.92
S1 122.60
S2 122.05
S3 121.73
Market Scenario 1: Long positions above 1164.90 with target at 1169.60.
Market Scenario 2: Short positions below 1161.90 with target at 1157.20.
Comment: Gold prices continue to decline below support level 1164.90.
Supports and Resistances:
R3 1180.30
R2 1177.30
R1 1172.60
PP 1169.60
S1 1164.90
S2 1161.90
S3 1157.20
Market Scenario 1: Long positions above 57.51 with target at 58.34.
Market Scenario 2: Short positions below 56.04 with target at 55.21.
Comment: Crude oil prices weakened and fell below pivot point 57.51.
Supports and Resistances:
R3 60.64
R2 59.81
R1 58.34
PP 57.51
S1 56.04
S2 55.21
S3 53.74
Market Scenario 1: Long positions above 54.426 with target at 55.120.
Market Scenario 2: Short positions below 54.426 with target at 54.007.
Comment: The pair struggles to stay above pivot point 54.426.
Supports and Resistances:
R3 56.652
R2 55.539
R1 55.120
PP 54.426
S1 54.007
S2 53.313
S3 52.200
