The beginning of the drooping journey for oil and what other pairs?

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In this report we will provide an analysis of the best expected trades for the most important pairs of gold against the dollar XAU USD and the signals it gives to the Dow Jones and the GBP GBP and the EURUSD and AUD USD and the start of the oil drooping  journey WTI others for today

Gold Analysis:

In case of trading above the highest price at 1448.00 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point.1400 – 1448

Resistance point 1558 – 1600

Chart of Gold on 30 min time frame.


Dow Jones 

In case of trading below the lowest price at 28390 then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point.25850 – 25390

Resistance point 28890 – 28000

Chart of Dow Jones on 30 min time frame.


EURUSD

In case of trading above the highest price at 1.0880 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point. 1.0880 – 1.0575

Resistance point1.1163 – 1.1252

Chart of EURUSD on 30 min time frame.


GBPUSD

In case of trading above the highest price at1.2204  then the pair will continue the rally. We prefer to wait for a small https://www.borseclub.com/ar/files/2019/11/2019-11-20_GBPUSD.pngcorrection before entering long on this pair.

Support point.1.2204 – 1.1750

Resistance point1.2309 – 1.2175

Chart of GBPUSD on 30 min time frame.

 oil landing journey GBP GBP and the EURUSD and AUD USD


USDJPY

In case of trading above the lowest price at 109.35 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point. 104.43 – 105.05

Resistance point 108.50 – 109.35

Chart of USDJPY on 30 min time frame.

 oil drooping  journey GBP GBP and the EURUSD and AUD USD
GBP GBP and the EURUSD and AUD USD

 


AUDUSD

In case of trading above the highest price at 0.6670 then the pair will continue the rally. We prefer to wait for a small correction before entering long on this pair.

Support point.0.6670 – 0.6520

Resistance point0.6796 – 0.6867

Chart of AUDUSD on 30 min time frame.

 oil drooping  journey


Oil / WTI

In case of trading below the lowest price at 63.50  then the pair will continue to decline more. We prefer to wait for a small correction before entering short on this pair.

Support point. 53.10 – 50.50

Resistance point58.60 – 63.50

Chart of WTI on 30 min time frame.

 oil drooping journey GBP GBP and the EURUSD and AUD USD
oil drooping journey


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Marowa Al Tujjar
Marowa Al Tujjar
مديرة القسم الصحفي - كاتبة و محررة إقتصادية متخصصة بالعملات الرقمية
BC XTB

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