Analysis of the gold and Euro after breaking the bottom

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In this report, we will provide an analysis of the best trades expected for the most important pairs in the forex market, USDJPY Gold against the USD XAU USD and the signals it gives to the Dow Jones, euro EURUSD, AUD USD and the beginning of the oil journey WTI others for today

XAU USD Gold Analysis Today

If the pair holds above 1448.00, the pair will continue to climb and it is better to wait for a minor correction and then go long on the pair.

  • Resistance points 1558 – 1600
  • Support Points 1400 – 1448

The XAU USD technical analysis today on the 30-minute time frame

2019 11 29 GOLD - euro analysis

Dow Jones

In case of trading below the top at 28390, the index will continue to decline and it is better to wait for a minor correction and then go short on the index.

Resistance points 28890 – 28000

Support Points 25850 – 25390

The Dow Jones Chart on the time frame is 30 minutes

2019 11 29 US30 - euro analysis

Euro EUR / USD Analysis

Should the pair hold above 1.0880, the pair will continue to climb and it is better to wait for a minor correction and then go long on the pair.

  • Resistance points 1.1163 – 1.1252
  • Support Points 1.0880 – 1.0575

The EUR / USD chart on the 30-minute time frame

2019 11 29 EURUSD - تحليل اليورو

The GBP / USD pair

If the pair holds above 1.2204, the pair will continue to climb and it is better to wait for a minor correction and then go long on the pair.

  • Resistance points 1.2309 – 1.2175
  • Support Points 1.2204 – 1.1750

GBP / USD Chart on the 30-minute time frame

2019 11 29 GBPUSD - تحليل اليورو

USDJPY

In case of stability below 109.35, the pair will continue to fall and it is better to wait for a minor correction and then go short.

  • Resistance points 108.50 – 109.35
  • Support Points 104.43 – 105.05

The USD / JPY chart on the 30-minute time frame

2019 11 29 USDJPY

AUD / USD

Should the pair hold above 0.6670, the pair will continue to climb and it is better to wait for a minor correction and then go long on the pair.

  • Resistance points 0.6796 – 0.6867
  • Support Points 0.6670 – 0.6520

The AUD / USD chart on the time frame is 30 minutes

2019 11 29 AUDUSD

Analysis of trades on WTI oil

In case of trading below the top at 63.50, the pair will continue to fall and it is better to wait for a minor correction and then go short.

  • Resistance points 58.60 – 63.50
  • Support Points 53.10 – 50.50

The WTI Oil Chart on the 30-minute time frame

2019 11 29 WTI

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Hassan Hadaoui
Hassan Hadaoui
Writer and Economist
BC XTB

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