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
23 June 2023
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- EURUSD
Update: We remain the same. The chart above shows that the pair has been trading below a strong resistance level that is 1.11. Therefore, we are bearish as long as the pair is trading below it with targets: 1.0900 – 1.0800.
Resistance levels: |
Support levels: |
Recommended: |
▪ 1.1250 ▪ 1.1200 ▪ 1.1100 |
▪ 1.0900 ▪ 1.0800 ▪ 1.0750 |
Bearish below 1.1100.
|
- GBPUSD
Update: Target was hit. As could be seen on the chart above, the pair is trading below a strong resistance level that is 1.2850. Therefore, we are bearish as long as the pair is trading below it with targets: 1.2700 – 1.2650.
Resistance levels: |
Support levels: |
Recommended: |
▪ 1.2950 ▪ 1.2900 ▪ 1.2850 |
▪ 1.2700 ▪ 1.2650 ▪ 1.2600 |
Bearish below 1.2850.
|
Update: Target was hit. As could be seen on the chart above that the pair is trading below a strong resistance level that is 1970. Therefore, we are bearish as long as the pair is trading below it with targets: 1940 – 1924.
Resistance levels: |
Support levels: |
Recommended: |
▪ 1990 ▪ 1985 ▪ 1970 |
▪ 1935 ▪ 1930 ▪ 1900 |
Bearish below 1970.00 |
- AUDUSD
The chart above shows that the pair is trading below a strong resistance level that is 0.67. Therefore, we are bearish as long as the pair is trading below it with targets: 0.66 – 0.6580.
Resistance levels: |
Support levels: |
Recommended: |
▪ 0.7000 ▪ 0.6900 ▪ 0.6800
|
▪ 0.6500 ▪ 0.6400 ▪ 0.6300
|
Bullish above 0.6700.
|
- GBPJPY
Update: Target was hit. The chart above shows that the pair is trading above a strong support level that is 179. Therefore, we are bearish as long as the pair is trading above it with targets: 180 – 181.
Resistance levels: |
Support levels: |
Recommended: |
▪ 185.00 ▪ 182.50 ▪ 182.00 |
▪ 179.00 ▪ 178.00 ▪ 177.00
|
Bullish
|
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