Weekly Analysis

Technical Analysis: Key Levels – Major Pairs & Gold – 26 JUL 2021

EURUSD, the next possible level is 1.19000 level.  On GBPUSD, If close below 1. 37600 level is broken, then the next possible level will be 1.36800, if not price may rise to 1.39000 level.  EURUSD, if close above 1.18450 level this week the next possible level for the market to test is the 1.19000 level. On GBPUSD, there is a high probability for the market to drop till 1.36800 before start rising to test the 1.39000 level. On AUDUSD, expecting a correction move towards 0.74500 level. On NZDUSD, there is a high probability for the market to test again 0.69400 level before start rising to test the 0.70900 level. On USDCHF, there is a high probability for the market to test the 0.91000 level this week and if broken then the next level will be 0.90500. On USDCAD, the price is expected to drop, to test the 1.24700 level. On USDJPY, the market is expected to test the 110.700 level before dropping to test again the 109.900 level. Finally, on GOLD Trading, there is a high probability for the market to test the 1820.00 level this week and if broken then the next level will be 1845.00.

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