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Nov 27, 2024

The GBP/USD chart on the hourly time frame

GBP/USD chart on the hourly time frame

The GBP/USD price shows a clear bullish bias to breach the 1.2590 level and try to stabilize above it, to provide signals of a recovery trend during the upcoming sessions and achieve expected gains on the short-term, so the bullish bias is likely for the rest of the day, targeting the 1.2730 areas mainly.
Therefore, we are waiting for more rise during the upcoming sessions unless the 1.2566 level is broken and stabilized below it, which will reactivate the main negative scenario whose next target reaches the 1.2465 areas.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
1.26218
1.26145
1.26098
1.26025
1.25953
1.25906
1.25835

The EUR/USD chart on the hourly time frame

EUR/USD chart on the hourly time frame

The EUR/USD price is trading with noticeable positivity to approach our expected target at 1.0563, and the way seems open to exceed this level to achieve additional gains reaching 1.0634 as a next main station, so that the upward trend remains valid and effective for today, reminding you of the importance of stability above 1.0475 to achieve the expected targets.
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
1.05243
1.05208
1.05183
1.05147
1.05113
1.05087
1.05053

The XAU/USD chart on the hourly time frame

XAU/USD chart on the hourly time frame

Gold price shows more bullish bias to try to break through the 2645.00 level, which requires attention from upcoming trades, as confirming the breakout will stop the suggested bullish trend for today and push the price to achieve gains starting with visiting the 2700.00 barrier.
The price needs to trade below 2645.00 and consolidate below it to revive the negative scenario whose next targets are at 2600.00 then 2515.00.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
2656.15
2653.83
2652.37
2650.15
2647.86
2646.43
2644.26

USOIL chart on the hourly time frame

USOIL chart on the hourly time frame

Oil price is fluctuating around the 69.00 barrier, waiting for a negative incentive that contributes to pushing the price to break the 68.64 level and then push the price to resume the expected downtrend for today, whose next target is at 67.50.
It should be noted that breaking 69.50 will stop the expected decline and push the price to achieve immediate gains targeting the 70.58 level mainly.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
69.254
69.115
69.024
68.875
68.736
68.638
68.499

US30 chart on the hourly time frame

US30 chart on the hourly time frame

Yesterday's trading, the index price maintained its stability above the additional support centered near 44320, noting that it formed a new upward momentum, thus exceeding the first additional target stable at 44800 and achieving additional gains by touching the level of 44995.
Resistance 3 Resistance 2 Resistance 1 Pivot Point Support 1 Support 2 Support 3
44917.74
44895.27
44880.51
44856.63
44836.26
44820.81
44798.33

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