Technical analysis report

30 Sep 2020 05:14 PM


This pair tried to test the resistance level at 1.1750, but retreated from it and may fall to test 1.1600. If it breaks this, we may target 1.1540 - 1.1500.

If the pair rises above 1.1750, we may target 1.1830 - 1.1850 resistance.


This pair faces resistance at 1.2900; if it breaks it, we expect to target 1.3000 - 1.3050.

If the pair trades below 1.2900, we expect it to fall and test 1.2750 - 1.2700.



This pair is still above 105.00; if it successfully stabilizes above this level, it may test 106.50 resistance.

If the pair falls below 105.00, we may target 104.00.


Gold succeeded in rising yesterday to $1899, but retreated slightly, and our expectations are for it to continue declining to 1850/1860 levels as long as it trades below 1900 levels.

If gold surpasses the 1900/1910 area, it may target 1950/1970 levels.


Oil has retreated to the lower bound of the sideways channel it is moving in at $38.90, and we expect if it maintains this as a support level, a rebound is possible to the upside, targeting 40.80 - 41.70.

If the price breaks 38.90 support, we may target 37.00.


Dow Jones

The Dow Jones faced resistance at 27750 and retreated to 27200 levels; we expect the decline may continue to 27000, then 26000 points.

If the index surpasses 27750 resistance, we expect it to target 28200 points.


Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only