During the holiday of the markets, there was
nothing new at the political level, the Turkish elections do not affect the
markets, the American economic war continues, the European and Chinese actions
against US tariffs also continue
Most importantly, we can not enter with
long-term goals during this period due to political and economic tensions, so
we will trade on the basis of technical analysis and small trading volumes as
follows
EUR / USD Analysis for June 25, 2018
The pair rebounded during the Asian session
from 1.16665 but managed to stay above the support level at 1.1627 and shows
that the price behavior of the pair may rise to 1.164 and stability above that
level will push the pair to the levels of 1.1666 again
Recommendation:
Buying the pair at 1.1665, stop loss 1.1537,
gain 1.1665
Noting that the 1.1665 levels would represent
support in case of breaching it, which would qualify the pair to reach 1.1718
levels
GBP / USD analysis for June 25, 2018
The pair rebounded from resistance levels of
1.3305 towards the support level 1.3227 and the pair is showing a sideways
price behavior even though trading below the 50 day averages
The pair may fall towards 1.317 levels to get
support before the rally starts targeting the 1.3305 resistance level and the
pair's success to stay above that level would qualify for a rally towards the
key targets at 1.3340
Recommendation:
BUY the pair at 1.319 stop loss 1.3050 take
profit 1.3299
GBP / JPY analysis for June 25, 2018
The pair rebounded from the highest level of
trading before the market holiday at 146.50 which represents the second
resistance of the pair to trade below the averages of 25 days and 50 days on
the way to retreat below the level of support 144.78
The pair is likely to find strong support at
144.76, especially since the pair has been largely oversold
Recommendation:
Buying the pair at 144.76 stops at 143.80 and
taking profit 145.95
Euro Yen Analysis for June 25, 2018
The pair dropped during early trading from
128.40 levels to the key support at 127.28 and is currently trading below the
50 and 25 day averages
The pair has not given any indication of its
ability to recover losses until now but will be based on strong support at
126.97 levels
Recommendation:
Buy the pair from 126.97 stop loss at 126.00
and take a profit at 128.10
Gold Analysis for June 25, 2018
Gold lost gains before last week's closing
session down from 1271 to 1263, which is a good support for it
Gold price behavior gives us an indication of
gold's ability to offset early trading losses and re-target 1273 levels
Recommendation
Buy gold from levels of 1265 stop loss 1256
take profit 1273
NASDAQ Analysis for June 25, 2018
The index fell sharply and sharply from 7317
towards the key support level at 7151, where stability is currently being
sought
So far the index is trading below the 25 and 50
day levels and has not given any positive signals to buy
Recommendation:
Buy the index from levels of 7134 stop loss
7000 take profit 7242
Dow Jones Technical Analysis for June 25, 2018
The index continued to decline in a clear
decline since 15 March but is currently resisting to stay above the key support
at 24407
Recommendation:
Buy the index from 24440 stop loss levels 24100
take profit 24640
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