FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Nov 27, 2024

GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD price is trading below 1.2566, which keeps the bearish trend active during the upcoming sessions, reminding that the expected targets start at 1.2465 and extend to 1.2400 after breaking the previous level.
Which will remain valid unless 1.2566 is breached and stabilized above it.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
1.25652
1.25721
1.25762
1.25830
1.25897
1.25937
1.26006
EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

EUR/USD is hovering around 1.0475 and maintaining stability below it so far, so the bearish scenario remains valid and effective for today, awaiting a visit to 1.0325 as the next main target.
Stability below 1.0475 is important for the expected decline to continue, as breaking it will push the price to recover and achieve gains that start by testing the 1.0563 areas.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
1.05292
1.05229
1.05192
1.05131
1.05070
1.05032
1.04972
XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold price shows a calm bearish trend approaching our first negative target at 2600.00, reminding that breaking this level will extend the bearish wave to reach the 2515.00 areas as the next main station.
Reminding that breaking 2640.00 will push the price to return to the bullish path and start a new bullish wave whose targets begin with testing the 2700.00 barrier.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
2638.06
2634.93
2633.13
2630.00
2626.64
2625.08
2621.95
USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil price shows an upward trend now to support expectations of a rise during the upcoming sessions, and the road is open to achieve our expected target at 70.58, noting that breaching this level will extend the upward wave to reach 72.15 in the near term.
On the other hand, it should be noted that breaking 68.64 will stop the upward trend and force the price to turn down.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
69.657
69.550
69.486
69.387
69.284
69.216
69.117
US30 chart on the hourly time frame

US30 chart on the hourly time frame

The index price maintained its stability within the upward path, taking advantage of the formation of the 44320 level for additional support, noting that it resumed the upward attack yesterday, achieving the first additional historical target stable at 44800.
The price may currently face difficulty in resuming the rise, so we expect it to form temporary sideways trades until it achieves the 44800 level, which opens the door to reaching the additional targets, which start from 45100 and 45410, respectively.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
44825.62
44800.60
44783.92
44757.59
44731.70
44715.90
44690.00
Previous Post
Technical analysis of some pairs
Next Post
Technical analysis of some pairs
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all