Market analysis and trading opportunities for June 26, 2018


During the week, the EUR and GBP managed to gain against the USD and the Japanese Yen. Gold managed to stay above the psychological support of 1250, holding onto the upside towards 1305 levels again.
Trading recommendations will be technical in the absence of any important news today as follows


EUR / JPY Technical Analysis |
The pair managed to hold the highest of 128.17 and the highest 50-day average, so we prefer to trade on the pair currently with close targets
Recommendation
Buy from levels 128.17 stop loss 127.21 take profit 129.72

EUR / USD Analysis for June 26, 2018
Yesterday, the pair was able to maintain the highest support at 1.16484 with intraday trading during the Asian session, the pair is currently trading in a bullish direction
Recommendation
Buy from levels 1.1698 stop loss 1.1590 gain 1.1765

GBP / USD analysis for June 26, 2018
The pair is trading at the highest support level at 1.3235 targeting the highest resistance at 1.3287 which rebounded during early trading
A break of the pair to this resistance will push it towards 1.333 in the near term
Recommendation
Buy from levels 1.3235 stop loss 1.319 take profit 1.3300

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Market analysis and trading opportunities for June 26, 2018 Market analysis and trading opportunities for June 26, 2018 Reviewed by DR HISHAM M YOUNES on June 26, 2018 Rating: 5

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