GIGFX Daily Technical Analysis Report

[Success_gateway]

EUR/USD

As it was expected through yesterday analysis, the pair declined breaking the support level 1.4770 to continue declining till reached the level 1.4660 which represents the target of exiting out of the confusion area, the bearish positions is still dominating the pair’s dealings as the pair succeeded to break the level 1.4660 registering the lowest price at 1.4510, this strong bearish direction for the European common currency has been supported by holding the interest rate at 1.25% so it is expected that, with breaking the level 1.4510 the pair may continue declining till reach the level 1.4342 which represents 76.4% of Fibonacci’s correction level for the bullish direction (from 1.4157 to 1.4940).

The stability of these expectations requires the stability of the resistance level 1.4710.

Res: 1.4789 1.5038 1.5178
Pivot: 1.4649
Sup: 1.4400 1.4260 1.4011

GBP/ USD

As it is noticed through this chart, the pair succeeded to break the neckline of the head and shoulders pattern registering the lowest price of yesterday dealings at the level 1.6357; it is expected for the upcoming trades that the pair may decline targeting the level 1.6166 which represents the target of the pattern but under the condition of breaking the level 1.6357 and also the support level 1.6320 which represents 76.4% of fibonacci’s correction level for the bullish move (from 1.6166 to 1.6743).

The stability of these expectations requires the stability of the resistance level 1.6450.

Res: 1.6501 1.6614 1.6686
Pivot: 1.6429
Sup: 1.6316 1.6244 1.6131

USD/CHF

As the pair registered new record at the level 0.8554 the day before yesterday while moving in the same bearish channel for short and medium-term, but the pair gave a sign of an upcoming bullish direction by forming the hammer candle so as it was mentioned through yesterday analysis that the pair succeeded to exit this bearish channel at the resistance level 0.8678 which represents the top border of the channel so it is expected that the pair may rise targeting the resistance level 0.8765 and if it was able to break it with stability above it may continue rising targeting the resistance level 0.8853.
The stability of these expectations requires the stability of the pair below the resistance level 0.8707.

Res: 0.8759 0.8814 0.8916
Pivot: 0.8657
Sup: 0.8602 0.8500 0.8445

USD/CAD

As mentioned yesterday, that the pair broke the top border for the sideway channel and reached the targeted prices which was mentioned before but the pair was unable to be stabile above the resistance level 0.9685 therefore it’s expected that the pair will continue the correction and rising direction to retest the resistance level 0.9685 and the stability above this level which gives the pair the chance to continue reaching the resistance level 0.9710 which represents 50.0% Fibonacci retracement correction level with breaking this level and the stability above it which makes the pair continue rising till the resistance level 0.9771 which represents 61.6% the same mentioned Fibonacci retracement correction level.
This expectation depends on the stability of the pair above the support level 0.9649.

Res: 0.9729 0.9792 0.8916
Pivot: 0.9648
Sup: 0.9585 0.9504 0.9441

AUD/USD

The AUD/USD pair was able to break the bullish channel bottom line during the past trades to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected, in case the pair tends to continue the bearish direction it’s expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level, but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.

Res: 1.0719 1.0861 1.0953
Pivot: 1.0627
Sup: 1.0485 1.0393 1.0251

[Success_gateway]

EUR/USD

The treads of the last week saw more declining for the European common currency against the U.S dollar as the pair declined till reached the level 1.4342 which represents 76.4% of Fibonacci’s correction level for the bullish move (From 1.4175 to 1.4940) and this is what was expected through the last analysis. A bottom has been formed at the same mentioned level and pushed the pair upside to form a bearish top for the short-term and it is expected to be around the resistance level 1.4456, this bearish top will force the pair to decline to test the support level 1.4342 which with its breaking down the pair means more declining till reach the next support level at 1.4157.

The stability of these expectations rquires the stability of the resistance level 1.4510.

Res: 1.4510 1.4684 1.4782
Pivot: 1.4412
Sup: 1.4238 1.4140 1.3966

GBP/ USD

During trades of the last week the pair declined breaking down the level 1.6450 forming Gartley harmonic pattern for near and medium-term and now the pair is moving in the range of the last wave CD which targets the support level 1.6280 so it is expected that the pair will continue declining during the intraday levels of today targeting the mentioned support level 1.6280 which represents 76.4% of Fibonacci’s correction level for the wave XA.

The stability of these expectations requires the stability of the resistance level 1.6450.

Res: 1.6435 1.6501 1.6542
Pivot: 1.6394
Sup: 1.6328 1.6287 1.6221

USD/CHF

After the pair exited out of the bearish channel it is expected to continue its corrective move and may target the resistance level 0.8837 which represents 38.2% of Fibonacci’s correction level for the last bearish wave for the medium-term and if the pair broke this level with stability above it the pair will continue its corrective move and will target the resistance level 0.9823 which represents 50.0% of Fibonacci’s correction level for the same mentioned wave.
The stability of these expectations requires the stability of the pair above the support level 0.8729 which represents 23.6% of the same mentioned Fibonacci’s levels.

Res: 0.8828 0.8874 0.895
Pivot: 0.8752
Sup: 0.8706 0.863 0.8584

USD/CAD

After getting out the pair from the confined area it’s expected that the pair will continue the bullish corrective direction therefore it’s expected that the pair will rise and also will target the resistance level 0.9647 which represents 38.2% Fibonacci retracement correction level for the bullish direction and the stability of the pair above this level which will force the pair to continue the corrective direction till reaching the new resistance level 0.9709 which represents 50.0% Fibonacci retracement correction level and the stability of the pair above this level which will force the pair to target the resistance level 0.9771 which represents 61.8% from the same previous mentioned Fibonacci retracement correction levels.
But this depends on closing the pair a good close above the resistance level 0.9647 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels.

Res: 0.9717 0.9772 0.9845
Pivot: 0.9644
Sup: 0.9589 0.9516 0.9461

AUD/USD

The AUD/USD pair was able to break the bullish channel bottom line during the past trades to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected to reflect up from this level retesting 1.0770 level currently, in case the pair tends to continue the bearish direction it’s expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level, but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.

Res: 1.0981 1.1001 1.1203
Pivot: 1.0779
Sup: 1.0759 1.0557 1.0537

[Success_gateway]

EUR/USD

The 17 nation currency dropped against the U.S dollar as yesterday trades saw breaking the support level 1.4342 which represents 76.4% of Fibonacci’s correction level for the bullish move (from 1.4157 to 1.4940) to register the lowest price of these trades at the level 1.4255, a bottom has been formed at this level and pushed the pair to re-test the nearest resistance level, one of them is the level 1.4375 which pushed the pair again targeting the support level 1.4255, more declining is expected for the pair targeting the level 1.4157 but under the condition of breaking the support level 1.4255.

The stability of these expectations requires the stability of the resistance level 1.4375.

Res: 1.4452 1.4540 1.4639
Pivot: 1.4353
Sup: 1.4265 1.4166 1.4078

GBP/ USD

As it was expected through yesterday analysis, the pair succeeded to reach the target of the harmonic pattern Gartley by testing the support level 1.6280 and forming a reversal candle just when it touched this level and reflected upside expecting that the pair may try to re-test the resistance level 1.6450 which represents the point B for the formed pattern during today’s intraday trades before continue declining again targeting the support level 1.6280.

The stability of these expectations requires the stability of the resistance level 1.6450.

Res: 1.6449 1.6496 1.6586
Pivot: 1.6359
Sup: 1.6312 1.6222 1.6175

USD/CHF

After the pair broke out of the bearish channel it is expected to continue the corrective bullish direction and will target the resistance level 0.8801 again and this level is the first target that the pair achieved after breaking out of this channel so if the pair broke this level it will target a new resistance level at 0.8938, but under the condition of the stability of the pair above the resistance level 0.8801.

Res: 0.8766 0.8816 0.8845
Pivot: 0.8737
Sup: 0.8687 0.8658 0.8608

USD/CAD

After getting out the pair from the confined area it’s expected that the pair will continue the bullish corrective direction therefore it’s expected that the pair will rise and also will target the resistance level 0.9647 which represents 38.2% Fibonacci retracement correction level for the bullish direction and although yesterday’s pair trying to break this level but it wasn’t able to be stabile above it but the pair stability above this level which will force the pair to continue the corrective direction till reaching the new resistance level 0.9709 which represents 50.0% Fibonacci retracement correction level and the stability of the pair above this level which will force the pair to target the resistance level 0.9771 which represents 61.8% from the same previous mentioned Fibonacci retracement correction levels.
But this depends on closing the pair a good close above the resistance level 0.9647 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels.

Res: 0.9672 0.9729 0.9764
Pivot: 0.9637
Sup: 0.9580 0.9545 0.9488

AUD/USD

The AUD/USD pair was able to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected to reflect up from this level retesting 1.0770 level currently with facing the moving average (50), in case the pair tends to continue the bearish direction it’s expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level with the moving average (50), but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.

Res: 1.0844 1.0883 1.0957
Pivot: 1.0770
Sup: 1.0731 1.0657 1.0618

[Success_gateway]

EUR/USD

Yesterday trades saw rising the pair for the second straight day using the formed bottom at the support level 1.4255, this rising is a strong sign of beginning forming a corrective bullish direction for the bearish direction which started from 1.4939, during the last intraday trades the pair was trying to break the level 1.4416 which represents 23.6% of Fibonacci’s correction level for the bearish move (From 1.4939 to 1.4255), breaking this level means more rising for the pair targeting the level 1.4516 which represents 38.2% of the same Fibonacci’s levels for the same bearish move, and what confirms the next rise is trading the pair above the simple moving averages now.

The stability of these expectations requires the stability of the support level 1.4325.

Res: 1.4457 1.4505 1.4599
Pivot: 1.4363
Sup: 1.4315 1.4221 1.4173

GBP/ USD

As it was expected through yesterday’s analysis, the pair succeeded to reach the target of the harmonic pattern Gartley by testing the support level 1.6280 and forming a reversal candle just when it touched this level and reflected upside expecting that the pair may try to re-test the resistance level 1.6450 which represents the point B for the formed pattern during today’s intraday trades before continue declining again targeting the support level 1.6280.

The stability of these expectations requires the stability of the resistance level 1.6450.
Yesterday analysis is still remaining

Res: 1.6417 1.6470 1.6521
Pivot: 1.6366
Sup: 1.6313 1.6262 1.6209

USD/CHF
After the pair broke out of the bearish channel, it is expected to continue the corrective bullish direction and will target the resistance level 0.8801 again and this level is the first target that the pair achieved after breaking out of this channel and although the pair broke this level but it was not able to be stable above it, so if the pair broke this levelagain, it will target a new resistance level at 0.8938, but under the condition of the stability of the pair above the resistance level 0.8801.

Res: 0.8844 0.8891 0.8959
Pivot: 0.8776
Sup: 0.8729 0.8661 0.8614

USD/CAD

As noticed in the chart; after declining the pair for the medium and short-terms, the pair is trying to correct the direction during the intraday trades whereas the pair is ready to break the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level; the pair’s ability on breaking this level gives the chance on targeting the resistance level at 0.9646 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels and the stability above this level will give the pair the chance to target the resistance level 0.9707 which represents 50.0% from the same previous mentioned Fibonacci retracement correction levels.
This scenario depends on having the pair a good close above the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level.

Res: 0.9622 0.9683 0.9713
Pivot: 0.9592
Sup: 0.9531 0.9501 0.9440

AUD/USD

The AUD/USD pair was able to trade above the level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, coinciding with passing up the moving average (50), as the pair has formed the harmonic pattern (AB=CD) that requires the stability of the © point at 1.0534 with breaking the (B) point at 1.1011 to achieve the (D) point that represents the pattern expected target, but in case the pair tends to continue the previous falling, it is expected to target 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level with the moving average (50).

Res: 1.0876 1.0917 1.0988
Pivot: 1.0805
Sup: 1.0764 1.0693 1.0652

[Success_gateway]

EUR/USD

The pair is still declining for short and medium-term as it succeeded yesterday to break the level 1.4320 with stability below it during the whole Asian session forming a Flag pattern that continues the bearish direction, so it is expected that the pair will continue declining during today’s intraday levels targeting the support level 1.4085 as the first target of the formed pattern followed by the support level 1.3985.

The stability of these expectations requires the stability of the resistance level 1.4320.

Res: 1.4352 1.4513 1.4603
Pivot: 1.4262
Sup: 1.4101 1.4011 1.3850

GBP/ USD
It is noticed through this chart that the pair rose to re-test the neckline of the head and shoulders pattern and formed a top at the testing area, this top forced the pair to decline again supported by rising the U.S dollar against all of its counterparts, it is expected that the pair may continue declining till reaches the target of the pattern at 1.6166 but under the condition of breaking the support level 1.6320.

The stability of these expectations requires the stability of the resistance level 1.6455.

Res: 1.6467 1.6589 1.6662
Pivot: 1.6394
Sup: 1.6272 1.6199 1.6077

USD/CHF

After the pair broke out the bearish channel and broke the resistance level 0.8797, it is expected that the pair will continue rising targeting the resistance level 0.8938 which represents the target of breaking out of the bearish channel and also coincides with testing the bearish trendline for the short-term.

The stability of these expectations requires the stability of the pair below the support level 0.8797.

Res: 0.8913 0.8949 0.9014
Pivot: 0.8848
Sup: 0.8812 0.8747 0.8711

USD/CAD

As noticed in the chart; after declining the pair for the medium and short-terms,the pair tried to correct the bearish directionduring the intraday trades whereas yesterday it broke the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level and the breaking of this level gives the chance of targeting the resistance level at 0.9646 which represents 38.2% from the same previous Fibonacci retracement correction level and the stability above this level shall lead the pair to target the resistance level 0.9707 which represents 50.0% Fibonacci retracement correction level then the resistance level 0.9770 which represents 68.8%.
This expectation depends on closing the pair a good close above the resistance level 0.9646 which represents 38.2% Fibonacci retracement correction level.

Res: 0.9665 0.9713 0.9790
Pivot: 0.9588
Sup: 0.9540 0.9463 0.9415

AUD/USD

The AUD/USD pair was able to form a bearish top during the previous short trades to push the pair down trading around 1.0580 forming (1.2.3) bearish pattern that suppose to target 1.0415 level after the pair pass down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; the pair may rise again to retest 1.0888 level.

Res: 1.0835 1.0973 1.1059
Pivot: 1.0749
Sup: 1.0611 1.0525 1.0387

[Success_gateway]

EUR/USD

The bearish direction is still dominating the trades of the pair for short-term and intraday levels and as it is noticed, the pair is moving below the bearish trendline expecting more declining but with the probability of rising the pair through the intraday levels of today to re-test the resistance level 1.4160 then it will continue declining targeting the support level 1.3990 during today’s intraday levels.

The stability of these speculations requires the stability of the resistance level 1.4160.

Res: 1.4270 1.4441 1.4543
Pivot: 1.4168
Sup: 1.3997 1.3895 1.3724

GBP/ USD

As it was expected through the previous analysis, the pair continued declining for near and medium-term reaching the support level 1.6166 which represents the target of the pattern head and shoulders, this price represents the lowest price during the trades of the last five weeks expecting more declining as dollar rises against all its counterparts, it is expected also that, with breaking the support level 1.6166, the pair will continue declining targeting the level 1.6010 which represents 127% of Fibonacci’s continuous level for the bullish move from (1.6166 to 1.6743).

The stability of these speculations requires the stability of the resistance level 1.6235.

Res: 1.6277 1.6371 1.6437
Pivot: 1.6211
Sup: 1.6117 1.6051 1.5957

USD/CHF

As it is noticed through this chart, the pair is moving inside a bullish channel but it faced the resistance level 0.8940 so it is expected that the pair will decline during today’s intraday trades targeting the support level 0.8851 which represents the bottom border of the mentioned channel with the probability of testing the pair the resistance level 0.8940.

The stability of these speculations requires the stability of the pair below the resistance level 0.9862 which represents the top border of the channel.

Res: 0.8988 0.9041 0.9137
Pivot: 0.8892
Sup: 0.8839 0.8743 0.8690

USD/CAD

The bullish direction is still dominating the pair direction for the medium and the short-terms whereas the pair is not forming the ( Gartley ) harmonic pattern for the price action which is moving now inside the last CD pattern’s wave which targets the resistance level 0.9774 to end the pattern by ending forming this wave therefore it’s expected that the pair’s bullish scenario will be completed targeting by that rising till the level 0.9774 which represents the C point.
Succeeding this scenario depends on closing the pair above the resistance level 0.9713 which represents the pattern’s B point.

Res: 132.9 133.99 134.84
Pivot: 132.05
Sup: 130.96 130.11 129.02

AUD/USD

The AUD/USD pair tested 23.6% correction level for the bullish move from 0.9706 to 1.1011, to fall form this level to continue the previous falling that suppose to target the support level 1.0415 as the pair has formed (1.2.3) bearish wave that suppose to target 1.0415 level by passing down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; a harmonic pattern may be formed that may push the pair to rise again to retest 1.0888 level.

Res: 1.0677 1.0794 1.0873
Pivot: 1.0598
Sup: 1.0481 1.0402 1.0285

[Success_gateway]

EUR/USD

During the Asian session today, the pair succeeded to break the resistance level 1.4235 which represents 23.6% of Fibonacci’s correction level for the last bearish wave for the short-term breaking out of this bearish channel in which it was moving for the short-term and intraday levels, it is expected that, the pair will rise during today’s intraday levels targeting the resistance level 1.4385 which represents 38.2% of the same Fibonacci’s correction level.

The stability of these expectations requires the stability of the support level 1.4190.

Res: 1.4275 1.4315 1.4392
Pivot: 1.4198
Sup: 1.4158 1.4081 1.4041
](http://www.herosh.com)[IMG]

GBP/ USD

As it was expected through yesterday analysis, the pair succeeded to break the resistance level 1.6230 followed by the level 1.6303 which coincides with the top border of the bearish channel and a new top has been formed there and pushed the pair to decline again, this declining did not remain long as the pair formed a bottom and used it to rise to test the top border of the bearish channel during the last intraday trades, breaking this border with breaking the resistance level 1.6303 means more rising targeting the level 1.6375 which represents 23.8% of Fibonacci’s correction level for the bearish move (From 1.6745 to 1.6146).
The stability of these expectations requires the stability of the support level 1.6185.

Res: 1.6309 1.6369 1.6437
Pivot: 1.6241
Sup: 1.6181 1.6113 1.6053
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair formed head and shoulders pattern and now the pair is above its neckline at the support level 0.8798 waiting for a close below this level as it is expected that during today’s intraday levels, the pair will decline targeting the support level 0.8722 and if it was able to be stable below it, the pair will target the support level 0.8647.
The stability of these expectations requires the stability of the pair below the support level 0.8798 which represents the base line.

Res: 0.8856 0.8911 0.8941
Pivot: 0.8826
Sup: 0.8771 0.8741 0.8686
](http://www.herosh.com)[IMG]

USD/CAD

As noticed in the chart that after forming the gartley harmonic pattern it reflected down testing the support level 0.9713 which represents the B point for the pattern.therefore it’s expected that the bearish move will be continued till reaching the support level 0.9649 and the stability below this level will give the pair the chance to continue declining till the support level 0.9513 which represents the pattern’s C point.

This scenario depends on closing the pair a good close below the support level 0.9713 and the stability below it.

Res: 0.9767 0.9817 0.9843
Pivot: 0.9741
Sup: 0.9691 0.9665 0.9615
](http://www.herosh.com)[IMG]

AUD/USD

The AUD/USD rose previously approaching 23.6% correction level for the bullish move from 0.9706 to 1.1011for the second time with the bearish trend for the medium and short periods, after it fell from this level to face 38.2% correction level around 1.0513 level, if the mentioned resistances held it will push the pair down to tray breaking 38.2% level; to target then 50% level around 1.0360, but in case those resistances was passed during the upcoming intraday trades; that may push the pair to rise again to retest 1.0888 level.

Res: 1.0666 1.0708 1.0789
Pivot: 1.0585
Sup: 1.0543 1.0462 1.0420

[Success_gateway]

EUR/USD

During the Asian session today, the pair succeeded to break the resistance level 1.4235 which represents 23.6% of Fibonacci’s correction level for the last bearish wave for the short-term breaking out of this bearish channel in which it was moving for the short-term and intraday levels. it is expected that the pair will rise during today’s intraday levels targeting the resistance level 1.4385 which represents 38.2% of the same Fibonacci’s correction level followed by the level 1.4495 which represents 50.0% of Fibonacci’s correction level for the same mentioned levels for the last near-term bearish wave.

The stability of these expectations requires the stability of the support level 1.4190.

Res: 1.4291 1.4334 1.4382
Pivot: 1.4243
Sup: 1.4200 1.4152 1.4109
](http://www.herosh.com)[IMG]

GBP/ USD

The pair is declining for short and medium-term supported by U.K negative economic data as it was expected to rise breaking the top border of the bearish channel and it failed to do that, a bearish top has been formed at the level 1.6290 coinciding with the top border of the channel and pushed the pair downside breaking the support level 1.6185 to achieve the lowest price for yesterday trades at 1.6105, a new bearish bottom has been formed at this level. Despite of this declining, a bullish move is noticed in the stochastic index which means existing the positive divergence that shifts the direction from bearish to bullish so that, during the last intraday dealings, the pair rose again to test the level 1.6185 which became a resistance level after its breaking downside, it is expected that the pair will break this level to rise again and test the top border of the channel which with its breaking, the pair will continue rising targeting the support level 1.6290 again.

The stability of these expectations requires the stability of the support level 1.6105.

Res: 1.6268 1.6369 1.6451
Pivot: 1.6186
Sup: 1.6085 1.6003 1.5902
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair formed head and shoulders pattern and now the pair is above its neckline at the support level 0.8798 waiting for a close below this level despite the pair tried yesterday, so, it is expected that during today’s intraday levels, the pair will decline targeting the support level 0.8722 and if it was able to be stable below it, the pair will target the support level 0.8647.

The stability of these expectations requires the stability of the pair below the support level 0.8798.

Res: 0.8840 0.8872 0.8901
Pivot: 0.8811
Sup: 0.8779 0.8750 0.8718
](http://www.herosh.com)[IMG]

USD/CAD

As noticed in the chart that after forming the gartley harmonic pattern, it reflected down testing the support level 0.9713 which represents the B point for the pattern and was stable below it.Therefore it’s expected that the bearish move will be continued till reaching the support level 0.9650 and the stability below this level will give the pair the chance to continue declining till the support level 0.9513 which represents the pattern’s C point.

This scenario depends on the pair’s stability below the support level 0.9713 which represents the pattern’s B point.

Res: 0.9735 0.9776 0.9796
Pivot: 0.9715
Sup: 0.9674 0.9654 0.9613
](http://www.herosh.com)[IMG]

AUD/USD

The AUD/USD rose previously approaching 23.6% correction level for the bullish move from 0.9706 to 1.1011for the second time with the bearish trend for the medium and short periods, after it fell from this level to face 38.2% correction level around 1.0513 level, if the mentioned resistances held it will push the pair down to tray breaking 38.2% level; to target then 50% level around 1.0360, but in case those resistances was passed during the upcoming intraday trades; that may push the pair to rise again to retest 1.0888 level.
The previous analyze remains

Res: 1.0672 1.0716 1.0768
Pivot: 1.0620
Sup: 1.0576 1.0524 1.0480

[Success_gateway]

EUR/USD

The pair succeeded to end yesterday dealings rising as it was expected through the last analysis but it is noticed that a bullish wedge has been formed that shifts this direction, this expresses weakness of this bullish direction for the short-term and intraday levels so it is expected that the pair may decline during the intraday trades of today but breaking the support level 1.4260 is needed as a confirmation for this declining, this confirms breaking the pair out of this formed pattern to target then the support level 1.4060 to test it.

The stability of these expectations requires the stability of the resistance level 1.4390.

Res: 1.4352 1.4398 1.4471
Pivot: 1.4279
Sup: 1.4233 1.4160 1.4114
](http://www.herosh.com)[IMG]

GBP/ USD

As it was expected through yesterday analysis, the pair rose supported by the formed bottom at the support level 1.6105 and by the existence of a positive divergence that shifts the bearish direction, the pair broke the resistance level 1.6185 and also broke the top border of the bearish tending to rise correctly targeting the level 1.6425 which represents the target of breaking out of the bearish channel and also represents 50.0% of Fibonacci’s correction level for the bearish direction (from 1.6745 to 1.6105). In order to reach this level the pair should break the resistance levels 1.6290 and 1.6349.
The stability of these expectations requires the stability of the support level 1.6185 and also requires holding the top border of the bearish channel steady.

Res: 1.6275 1.6313 1.6386
Pivot: 1.6202
Sup: 1.6164 1.6091 1.6053
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair is trading inside a bearish channel expecting more declining during the upcoming intraday levels targeting to test the support level 0.8749 which represents the bottom border of the channel with the probability of re-testing the resistance level 0.8858 which represents the top border of the channel and if the pair succeeded to be stable above it, the pair will target the resistance level 0.8912 and if the pair succeeded to be stable above this level, the pair will target the level 0.8970.

Res: 0.8783 0.8758 0.871
Pivot: 0.8831
Sup: 0.8856 0.8904 0.8929
](http://www.herosh.com)[IMG]

USD/CAD

As mentioned yesterday in the chart that after forming the gartley harmonic pattern, it reflected down testing the support level 0.9713 which represents the B point for the pattern and was stable below it then it tested the support level 0.9650 but it was not able to break this level; Therefore it’s expected that the bearish move will be continued till reaching the support level 0.9650 and the stability below this level will give the pair the chance to continue declining till the support level 0.9513 which represents the pattern’s C point.

This scenario depends on the pair’s stability below the support level 0.9650.

Res: 0.9706 0.9739 0.9766
Pivot: 0.9679
Sup: 0.9646 0.9619 0.9586
](http://www.herosh.com)[IMG]

AUD/USD

The AUD/USD rose previously approaching 23.6% correction level for the bullish move from 0.9706 to 1.1011for the second time approaching the bearish trend for the medium and short periods, after it fell from this level to face 38.2% correction level around 1.0513 level to also form a bearish triangle, if the mentioned resistances held with the breaking of triangle bottom line it will push the pair down to tray breaking 38.2% level; to target then 50% level around 1.0360, but in case those resistances was passed during the upcoming intraday trades; that may push the pair to rise again to retest 1.0888 level.

Res: 1.0701 1.0734 1.0788
Pivot: 1.0647
Sup: 1.0614 1.0560 1.0527

]

[Success_gateway]

EUR/USD

The bearish direction is still dominating the price action of the pair for the short-term and the intraday levels as the pair during yesterday trades succeeded to break the support level 1.4070 which the pair is re-testing it now forming a flag pattern that continues the direction. so it is expected that the pair will continue declining during today’s intraday trades targeting the support level 1.3970 as the first targets of this bullish move followed by the support level 1.3875 to test it and it is the final target of this pattern.

The stability of these expectations requires the stability of the resistance level 1.4140.

Res: 1.4140 1.4232 1.4318
Pivot: 1.4054
Sup: 1.3962 1.3876 1.3784
](http://www.herosh.com)[IMG]

GBP/ USD

As it is noticed through this chart, the pair is still forming bearish move for medium and long-term through moving inside a bearish channel, the last trades are around the support level 1.6105 although the pair achieved a lower level but it did not achieve a good close below this level, if the pair achieved this good close more declining is expected targeting the next support level at 1.5970 at which the price is expected to coincide with the bottom border of the bearish channel.

The stability of these expectations requires the stability of the resistance level 1.6165

Res: 1.6206 1.6291 1.6351
Pivot: 1.6146
Sup: 1.6061 1.6001 1.5916
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair is moving inside a sideways channel between the resistance level 0.8879 which represents the top border of the channel and the support level 0.8771 which represents the bottom border of the channel, after the pair was unable to break up the resistance level 0.8879, it reflected again to re-test the support level 0.8771 but it should break the resistance level 0.8817 with stability below it because if the pair was unable to be stable below, it will re-test the resistance level 0.9976.

Res: 0.8871 0.8905 0.8962
Pivot: 0.8814
Sup: 0.8780 0.8723 0.8689
](http://www.herosh.com)[IMG]

USD/CAD

The pair formed during the previous trades a bullish channel for the medium and short-terms, so it’s expected that the pair will continue rising during the intraday trades retesting the resistance level 0.9795 and the stability above this level gives the pair the chance to continue rising till targeting the resistance level 0.9860 which represents the channel’s top border.

This expectations depends on the stability of the pair above the support level 0.9748.

Res: 0.9811 0.9847 0.9886
Pivot: 0.9772
Sup: 0.9736 0.9697 0.9661
](http://www.herosh.com)[IMG]

AUD/USD

The AUD/USD rose previously after reaching 38.2% correction level for the bullish move from 0.9706 to 1.1011, which might be to retest the bearish trend with testing appropriate resistance level that might be 1.0580, with these resistances stability the pair will fall breaking 38.2% level to target 50% level around 1.0360, but passing 1.0580 level with breaking the bearish trend will push the pair to rise again in order to retest the nearest resistance that might be 23.6% level around 1.0703 price.

Res: 1.0612 1.0722 1.0789
Pivot: 1.0545
Sup: 1.0435 1.0368 1.0258

[Success_gateway]

EUR/USD

The EUR/USD pair had a bullish move during the previous short and medium trades to close the previous trading period above the bearish trend line for the medium and long trades, where the pair is facing 23.6% correction level for the bearish move from 1.4939 to 1.3969, and if the pair was able to trade above this level it will continue rising targeting 1.4265 resistance then 1.4340 that coincides with 38.2% correction level, but in case 23.6% level held it will push down the pair to trade under the bearish trend again retesting the support level 1.4125.

Res: 1.4133 1.4179 1.4239
Pivot: 1.4073
Sup: 1.4027 1.3967 1.3921
](http://www.herosh.com)[IMG]

GBP/ USD

Yesterday’s trades saw a strong rise for the GBP/USD, the pair was able to break the resistance level 1.6205 and also breaking the bearish channel’s top border to begin the pair forming a corrective bullish direction for the medium and the short-terms, whereas it’s expected that the bullish move will be continued till reaching the level 1.6483 which represents the targeted price to get out of this bearish channel which also represents 61.8% Fibonacci retracement correction level for the bearish direction (from 1.6745 to 1.6058), reaching this level; the level 1.6320 must be broken which represents 38.2% Fibonacci retracement correction level for the same previous mentioned bearish direction.
This scenario depends on the stability of the support level 1.6220.

Res: 1.6335 1.6398 1.6500
Pivot: 1.6233
Sup: 1.6170 1.6068 1.6005
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair is trading inside a bearish channel but the pair was unable to break the support level 0.8694 which represents the bottom border of the channel so it is expected to rise during the intraday levels targeting the resistance level 0.8773 and if the pair succeeded to be stable above this level it will target a new resistance level at 0.8825 which represents the top border of the channel.
The stability of these expectations requires the stability of the pair above the support level 0.8694 which represents the bottom border of the channel.

Res: 0.8789 0.8853 0.8894
Pivot: 0.8748
Sup: 0.8684 0.8643 0.8579
](http://www.herosh.com)[IMG]

USD/CAD

The pair is moving inside the confined area for the short-term between the resistance level 0.9795 which represents the top border for this confined area and the support level 0.9754 which represents the lower border for this confined area, therefore it’s expected that the pair will retest the resistance level 0.9795 during the intraday trades which represents the confined area top border and the stability above this level will give the pair the chance to target the resistance level 0.9837.
But breaking the pair the resistance level 0.9754 which represents the top border and the stability below this level which gives the pair the chance to target the support level 0.9715.

Res: 0.9806 0.9847 0.9879
Pivot: 0.9774
Sup: 0.9733 0.9701 0.966
](http://www.herosh.com)[IMG]

AUD/USD

The bearish direction is still dominating the trades of the pair for short and medium-term as it has formed a bearish wedge pattern that reflects the bearish direction and this indicates the weakness of the bearish direction so it is expected during the medium-term trades that the pair will rise but under the condition of breaking the top border of the formed pattern.
During today’s intraday levels, the pair succeeded to rise testing now the important resistance level 1.0605 which is expected to hold stable next hours to push the pair declining slightly targeting to test the support level 1.05030 to gain the needed support to form a new bottom that will use it to rise again for the short-term.

Res: 1.0578 1.0629 1.0698
Pivot: 1.0509
Sup: 1.0458 1.0389 1.0338

[Success_gateway]

EUR/USD

The EUR/USD pair had a bullish move during the previous trades that reached the expected target for yesterday report at the resistance level 1.4265, facing a bearish trend the pair was able to form during the previous medium trades, which may cause the pair falling in order to retest the nearest support level such as 1.4198 represented by 23.6% correction level for the bearish move from 1.4939 to 1.3969, which depends on the stability of the mentioned resistances, but in case the pair was able to pass 1.4340 resistance level with a good close above the bearish trend, the pair will rise targeting the resistance level 1.4455 represented by 50% correction level.

Res: 1.4224 1.4284 1.4362
Pivot: 1.4146
Sup: 1.4086 1.4008 1.3948
](http://www.herosh.com)[IMG]

GBP/ USD

As expected in the previous report that yesterday trades saw continuity on forming a bullish corrective direction for the short-term, whereas the GBP/USD pair was able to broke the resistance level 1.06320 to continue rising reaching the targeted price to get out if this bearish channel at 1.6483 which represents 61.8% Fibonacci retracement correction level for the bearish direction (from 1.6745 to 1.6058), it’s expected that this bullish scenario will be continued during the next intraday trades to reach this bullish targeted price.

This scenario depends on the stability of the support level 1.6320.

Res: 1.6447 1.6493 1.6583
Pivot: 1.6357
Sup: 1.6311 1.6221 1.6175
](http://www.herosh.com)[IMG]

USD/CHF

The pair declined yesterday and still declining till this morning and it is expected to continue declining targeting the support level 0.8452 which represents 127.0% of Fibonacci’s continuous level but under the condition of holding the pair stable below the support level 0.8555 which represents the point of the last bearish close and if the pair failed to hold stable below the level 0.8555 it will target the resistance level 0.8648 which represents 76.4% of Fibonacci’s correction level followed by the resistance level 0.8703 which represents 61.8% of the same Fibonacci’s level.

Res: 0.8708 0.8762 0.8792
Pivot: 0.8678
Sup: 0.8624 0.8594 0.8540
](http://www.herosh.com)[IMG]

USD/CAD

The pair is still moving inside the confined area for the short-term between the resistance level 0.9795 which represents the top border for this confined area and the support level 0.9754 which represents the lower border for this confined area, therefore it’s expected that the pair will retest the resistance level 0.9795 during the intraday trades which represents the confined area top border and the stability above this level will give the pair the chance to target the resistance level 0.9837.
But breaking the pair the resistance level 0.9754 which represents the top border and the stability below this level which gives the pair the chance to target the support level 0.9715.
Yesterday analysis is still remaining

Res: 0.9807 0.984 0.9866
Pivot: 0.9781
Sup: 0.9748 0.9722 0.9689
](http://www.herosh.com)[IMG]

AUD/USD

As it was expected through yesterday report, the pair succeeded to rise breaking the top border of the bearish wedge pattern that shifts the direction that represents the resistance level 1.0605 expecting more rising for the pair during today’s dealings targeting the resistance level 1.0530 which represents the first target of breaking out this bearish wedge pattern.

The stability of these expectations requires the stability of the support level 1.0605.

Res: 1.0689 1.0736 1.0827
Pivot: 1.0598
Sup: 1.0551 1.0460 1.0413

[Success_gateway]

EUR/USD

The EUR/USD pair had a bullish move during the previous trades that reached 1.4340 resistance coinciding with 38.2% correction level for the bearish move from 1.4939 to 1.3969, to fall from this level facing the broken bearish trend with testing 1.4265 level, if the pair was able to trade above this resistance it will rise targeting 1.4455 resistance represented by 50% correction, but if the pair fall to trade under 1.4265 level it will target the retesting of 23.6% correction around 1.4198 price.

Res: 1.4364 1.4427 1.4546
Pivot: 1.4245
Sup: 1.4182 1.4063 1.400
](http://www.herosh.com)[IMG]

GBP/ USD

The trades of the last week saw more rising for the pair and as what was expected through the last report the pair reached the level 1.6483 which represents the target of breaking out of the bearish channel and also represents 61.8% of Fibonacci’s correction level for the bearish move (from 1.6745 to 106058), the pair reached the highest price at 1.6508 at the end of the last week, at the beginning of this week trades, the pair declined trying to form a new bullish bottom that the pair will use it to rise again trying to break the level 1.6508 followed by the resistance level 1.6583.

The stability of these expectations requires the stability of the support level 1.6340.

Res: 1.6547 1.6592 1.6676
Pivot: 1.6463
Sup: 1.6418 1.6334 1.6289
](http://www.herosh.com)[IMG]

USD/CHF

As it is noticed through this chart, the pair is moving inside a bearish channel for medium and long-term so it is expected to continue declining for the intraday levels targeting the support level 0.8342 which represents the bottom border of the channel but under the condition of holding steady below the resistance level 0.8555 because holding the pair above the resistance level gives the chance to the pair to re-test the resistance level 0.8832 which represents the top border of the channel.

Res: 0.8607 0.8733 0.8804
Pivot: 0.8536
Sup: 0.841 0.8339 0.8213
](http://www.herosh.com)[IMG]

USD/CAD

The pair is still moving inside the confined area for the short-term between the resistance level 0.9795 which represents the top border for this confined area and the support level 0.9754 which represents the lower border for this confined area, therefore it’s expected that the pair will retest the resistance level 0.9795 during the intraday trades which represents the confined area top border and the stability above this level will give the pair the chance to target the resistance level 0.9837.
But breaking the pair the resistance level 0.9754 which represents the top border and the stability below this level which gives the pair the chance to target the support level 0.9715.
last week analysis is still remaining

Res: 0.9794 0.9818 0.9840
Pivot: 0.9772
Sup: 0.9748 0.9726 0.9702
](http://www.herosh.com)[IMG]

AUD/USD

It is still expected that the pair will continue rising during the near-term trades and intraday levels as the pair formed a bearish wedge pattern that shifts the bearish direction for medium-term which the pair succeeded to exit out of its area targeting the resistance level 1.0830 during today’s intraday trades.

The stability of these expectations requires the stability of the support level 1.0605

Res: 1.0744 1.0784 1.0853
Pivot: 1.0675
Sup: 1.0635 1.0566 1.0526

[Success_gateway]

EUR/USD

As was expected the EUR/USD pair rose previously to approach the expected resistance level at 50% correction level for the bearish move from 1.4939 to 1.3969, forming a rising bottom at the level 1.4359, which lead the expectations for two possibilities; the first id to rise passing the resistance level 50%, which will push the pair to target 1.4520 resistance, and the second is to hold below 50% correction to break 38.2% level, which will bring more falling for the pair to retest the support level 1.4265.

Res: 1.4453 1.4511 1.4598
Pivot: 1.4366
Sup: 1.4308 1.4221 1.4163
](http://www.herosh.com)[IMG]

GBP/ USD

The sterling declined again against the U.S. dollar during yesterday trades as the pair failed to break up the level 1.6545 to form a top that pushed the pair downside breaking the bottom border of the bullish channel as well as the support level 1.6450, breaking these levels gives a strong sign of a probability of beginning a corrective bearish move for the bullish move that started at the level 1.6058. with breaking the support level 1.6430 confirms the formation of this corrective move then the pair will continue declining targeting the level 1.6302 which represents the target of breaking out of the bullish channel as well as 50.0% of Fibonacci’s correction level for the bullish move (from 1.6058 to 1.6454) and in order to reach this level the pair should break the support level 1.6359 first.

The stability of these expectations requires the stability of the resistance level 1.6508.

Res: 1.6521 1.6595 1.6644
Pivot: 1.6472
Sup: 1.6398 1.6349 1.6275
](http://www.herosh.com)[IMG]

USD/CHF

During yesterday CHF/USD pair trades saw a sideway movement inside the sideway channel whereas the pair was not able to break the resistance level 0.8467 which represents the channel’s top border but the pair ability on breaking the resistance level 0.8541 which represents the channel’s top border gives the pair the chance to determine the bullish direction for it targeting by that the resistance level 0.8627 which represents 38.2% Fibonacci retracement correction level for the bearish direction and the stability above this level which gives the pair the chance to target the resistance level 0.8679 which represents 50.0% from the same previous mentioned Fibonacci retracement correction levels then the resistance level 0.8727 which represents 61.8%

Res: 0.8567 0.8596 0.8647
Pivot: 0.8516
Sup: 0.8487 0.8436 0.8407
](http://www.herosh.com)[IMG]

USD/CAD

After the pair has broken the bottom border of the bullish wedge pattern by breaking the support level 0.9765, it reached the first target that was mentioned through yesterday analysis at the level 0.9671, so it is expected to continue declining during the intraday trades targeting the support level 0.9588.

The stability of these expectations requires the stability of the resistance level 0.9671.

Res: 0.9750 0.9817 0.9865
Pivot: 0.9702
Sup: 0.9635 0.9587 0.9520
](http://www.herosh.com)[IMG]

AUD/USD

It is still expected that the pair will continue rising during the near-term trades and intraday levels as the pair formed a bearish wedge pattern (reversal pattern) for the medium-term, the pair succeeded to exit out of its area targeting the resistance level 1.0830, the pair reflected yesterday after facing the resistance level 1.0750 and it’s retesting the same level now which means that the bullish move will be continued during the intraday trades targeting the resistance level 1.0830 but to confirmthis, closing a good close above the level 1.0750 is needed.

This scenario depends on the stability of the support level 1.0605.

Res: 1.0736 1.0802 1.0849
Pivot: 1.0689
Sup: 1.0623 1.0576 1.0510

[Success_gateway]

EUR/USD

As was expected the EUR/USD pair rose previously to approach the expected resistance level at 50% correction level for the bearish move from 1.4939 to 1.3969, to fall from this level reaching 38.2% level, forming the wave (1.2.3) that suppose to target 1.4415 resistance by passing 50% level, but if the pair was able to trade below 38.2% level, it will fall targeting 1.4198 level that represents 23.6% correction level.

Res: 1.4417 1.4506 1.4554
Pivot: 1.4369
Sup: 1.4280 1.4232 1.4143
](http://www.herosh.com)[IMG]

GBP/ USD

As it was expected through yesterday analysis, sterling declined against the U.S. dollar reaching the lowest price during yesterday dealings at 1.6330 and achieved another lower price during the trades of the Asian session at 1.6315 around the level 1.6302 which represents the target of breaking out of the bullish channel at the same time this level represents 50.0% of Fibonacci’s correction level for the bullish move (from 1.6058 to 1.6545), after reaching this level it is expected that the pair may try to break it downside and if it was able to do so it will continue declining targeting the next support level at 1.6244.

The stability of these expectations requires the stability of the resistance level 1.6430.

Res: 1.6441 1.6549 1.6605
Pivot: 1.6385
Sup: 1.6277 1.6221 1.6113
](http://www.herosh.com)[IMG]

USD/CHF

The USD/CHF pair had formed yesterday a complement reflective pattern which is the flag pattern so a further drop is expected till the pair targets the support level 0.8402 which represents the flag’s lower border and the stability below it which gives the pair the chance to continue declining at 0.8371 then the level 0.8302.

This scenario depends on the stability of the support level 0.8402.

Res: 0.8514 0.8609 0.8675
Pivot: 0.8448
Sup: 0.8353 0.8287 0.8192
](http://www.herosh.com)[IMG]

USD/CAD

Yesterday trades saw a great rise for the medium-term till it reached the top border for the confined area which is between the resistance level 0.9795 which represents the top border for the confined area and the support level 0.9654 which represents the lower border for the channel, the pair rose yesterday till it reached the level 0.9795 which represents the top border for the confined area so it’s expected that the pair will reflect down again till it retests the support level 0.9654 which represents the lower border for the confined area but breaking the pair the resistance level 0.9795 and the stability above it gives the chance for the pair to reach the resistance level 0.9870 and the stability above this level which also gives the pair the chance to reach the level 0.9938.

Res: 0.9805 0.9841 0.9911
Pivot: 0.9735
Sup: 0.9699 0.9629 0.9593
](http://www.herosh.com)[IMG]

AUD/USD

The AUD/USD pair had failed on breaking the resistance level 1.0750 which the pair tried to retest it again forming a reflective pattern for the bullish direction on the intraday levels which is the double consecutive tops pattern which lead the pair to decline breaking the level 1.0680 during yesterday’s trades reaching the first price targets for this formed pattern at the support level 1.0590 which is still stabile till this moment expecting for it a further drop targeting the support level 1.0535.

This scenario depends on the stability of the resistance level 1.0680.

Res: 1.0707 1.0804 1.0857
Pivot: 1.0654
Sup: 1.0557 1.0504 1.0407

[Success_gateway]

EUR/USD

As was expected the EUR/USD pair rose previously to achieve the expected target for the (1.2.3) wave at the level 1.4515, where the pair was able to trade above 50% correction level for the bearish move from 1.4939 to 1.3969, as if this level held it will push the pair for further rising targeting 61.8% correction level around 1.4568 price, but if the pair traded below this level it will fall in order to retest 38.2% correction around 1.4340 price.

Res: 1.4565 1.4640 1.4769
Pivot: 1.4436
Sup: 1.4361 1.4232 1.4157
](http://www.herosh.com)[IMG]

GBP/ USD

The pair achieved the target of breaking out the mid-term bullish channel reaching the level 1.6302 which represents 50.0% of Fibonacci’s correction level for the bullish move (From 1.6058 to 1.6545), the pair formed a corrective bearish direction formed through moving inside a bearish channel, in order to rise the pair again it supposed to break the top border of the channel with breaking the resistance level 1.6380 then it will continue rising targeting the level 1.6430 followed by the level 1.6495, but if the pair is tending to continue declining correctly it should break the support level 1.6302 then it will decline targeting the level 1.6244 which represents 61.8% of Fibonacci’s correction level for the same bullish move.

Res: 1.6423 1.6475 1.6534
Pivot: 1.6364
Sup: 1.6312 1.6253 1.6201
](http://www.herosh.com)[IMG]

USD/CHF

The bearish direction is still dominant on the USD/CHF pair during the medium and short-term trades and also for the intraday levels; the pair is forming now a complement flag pattern for the bearish direction whereas it’s moving in a narrow range trades since yesterday expecting for it a further drop during the intraday trades targeting the support level 0.8370 then the level 0.8320.

This scenario depends on the stability of the resistance level 0.8470.

Res: 0.8450 0.8476 0.8500
Pivot: 0.8426
Sup: 0.8400 0.8376 0.8350
](http://www.herosh.com)[IMG]

USD/CAD

As observed in the chart that the USD/CAD pair is still moving inside the bullish channel for the long-term trades, as it’s moving inside the channel for the medium-term trades, this bullish channel is inside a bigger channel, these price channels describes the formed bullish direction force for the medium and long-terms, it’s also expected that the pair is still unable to break the resistance level 0.9815, breaking this level is important to reach to reach the top border for the medium-term formed channel coinciding with the level 0.9858 which represents 127% Fibonacci retracement continuous level for the bearish direction (from 0.9815 to 0.9655), if the pair is able to break the medium-term channel’s top border that means a further rise, reaching these resistance levels top borders for the long-term bullish channel.

This scenario depends on the stability of the support level 0.9690.

Res: 0.9796 0.9834 0.9861
Pivot: 0.9769
Sup: 0.9731 0.9704 0.9666
](http://www.herosh.com)[IMG]

AUD/USD

The USD/AUD was able during yesterday trades to achieve some gains against the U.S dollar, the pair had reflected after testing the support level 1.0590 forming AB=CD harmonic pattern and it’s should be noted that the support level 1.0590 which represents 50% Fibonacci retracement correction level for the AB wave so it’s expected that during the intraday trades the pair will achieve a further gains towards up to retest the resistance level 1.0755 and in case of breaking this level with a good close above it the pair will immediately target the resistance level 1.0900 which represents the end of the formed harmonic pattern.

This scenario depends on the stability of the support level 1.0590.

Res: 1.0708 1.0748 1.0809
Pivot: 1.0647
Sup: 1.0607 1.0546 1.0506

[Success_gateway]

EUR/USD

As was expected the EUR/USD pair rose previously to pass 61.8% correction level for the bearish move from 1.4939 to 1.3969 , this bullish move came after the pair was able to stable above 50% level, which makes the next target for the pair is the level 76.4% around 1.4710 price, and that depends on the stability of 61.8% correction level, as if the pair was able to trade under this level it will fall retesting 50% correction level around 1.4455 price.

Res: 1.4700 1.4766 1.4890
Pivot: 1.4576
Sup: 1.4510 1.4386 1.4320
](http://www.herosh.com)[IMG]

GBP/ USD

The trades at the end of the last week saw failing the pair to break the support level 1.6302 giving a strong sign of return to rise again as it already rose supported by the negative U.S data of the American job sector, the pair was able to break the top border of the bearish channel achieving a daily close above this level so it is expected to continue rising targeting the level 1.6495 which represents the target of breaking out of the bearish channel, breaking this level represents also rising the pair targeting the level 1.6545.

The stability of these expectations requires the stability of the support level 1.6380.

Res: 1.6478 1.6533 1.6629
Pivot: 1.6382
Sup: 1.6327 1.6231 1.6176
](http://www.herosh.com)[IMG]

USD/CHF

The bearish direction is still dominating the trades of the pair for near and mid-term as the pair formed AB=CD harmonic pattern for near and mid-term and now the pair is in the forming stage of the last wave CD so it is expected that the pair will target the support level 0.8064 which represents the point D.

The stability of these expectations requires the stability of the resistance level 0.8544 which represents the point D.

Res: 0.8412 0.8487 0.8528
Pivot: 0.8371
Sup: 0.8296 0.8255 0.8180
](http://www.herosh.com)[IMG]

USD/CAD

As observed in the chart that the pair got out of the sideway channel which had formed between the support level 0.9645 and the resistance level 0.9799 then it returned for it again but as what observed that with the beginning of the Asian trades, the pair is trying to get out of it so it’s expected during the intraday trades that the pair will get out of this channel then targeting the resistance level 0.9870 as the first target and the stability above this level gives the pair the chance to target the resistance level 0.9938 as a second target.

This scenario depends on closing the pair a good close above the resistance level 0.9799 which represents the channel’s top border.

Res: 0.9831 0.9894 0.9938
Pivot: 0.9787
Sup: 0.9724 0.968 0.9617
](http://www.herosh.com)[IMG]

AUD/USD

The pair is trading below the resistance level 1.0755 that was tested at the end of the last week trades and at the beginning of this week trades affected by the formed pattern AB=CD that was mentioned through the last analysis and it is expected for the pair to continue rising trying to reach the resistance level 1.0900 which represents the end of the harmonic pattern at the end of the wave CD but under the condition of breaking the resistance level 1.0755 with stability above it.

Res: 1.0798 1.0874 1.0976
Pivot: 1.0696
Sup: 1.0620 1.0518 1.0442

[Success_gateway]

EUR/USD

As was expected the EUR/USD pair rose previously to pass 61.8% correction level for the bearish move from 1.4939 to 1.3969 , this bullish move came after the pair was able to stable above 50% level, which makes the next target for the pair is the level 76.4% around 1.4710 price, and that depends on the stability of 61.8% correction level, as if the pair was able to trade under this level it will fall retesting 50% correction level around 1.4455 price.

Res: 1.4736 1.4782 1.4868
Pivot: 1.4650
Sup: 1.46041.4518 1.4472
](http://www.herosh.com)[IMG]

GBP/ USD
As it was expected through the last analysis, sterling rose again against the U.S. dollar after forming a new bullish bottom at the level 1.6325 coinciding with the bullish trendline for mid-term, the remaining bullish target for the pair is the level 1.6495 which represents the target of breaking out the bearish channel, with breaking the level 1.6495 it is expected that the pair will continue rising targeting to re-test the resistance level 1.6545.

The stability of these expectations requires the stability of the support level 1.6360.

Res: 1.6502 1.6558 1.6648
Pivot: 1.6412
Sup: 1.6356 1.6266 1.6210
](http://www.herosh.com)[IMG]

USD/CHF

The bearish direction is still dominating the trades of the pair for near and mid-term as the pair formed AB=CD harmonic pattern for near and mid-term and now the pair is in the forming stage of the last wave CD so it is expected that the pair will target the support level 0.8064 which represents the point D.
The stability of these expectations requires the stability of the resistance level 0.8544 which
represents the point D.

Res: 0.8392 0.8423 0.8456
Pivot: 0.8359
Sup: 0.8328 0.8295 0.8264
](http://www.herosh.com)[IMG]

USD/CAD

As it was expected through yesterday analysis, the pair declined breaking the resistance level 0.9810 then it succeeded to target the support level 0.9729 and this is the nearest point of the bottom border of the bullish channel so it is expected that the pair will shift its direction to rise upside targeting the resistance level 0.9810 and if the pair succeeded to be stable above this level it will continue rising targeting the resistance level 0.9915 which represents the top border of the channel with the probability of re-testing the support level 0.9729.
The stability of these expectations requires the stability of the support level 0.9729.

Res: 0.9791 0.9839 0.987
Pivot: 0.976
Sup: 0.9712 0.9681 0.9633
](http://www.herosh.com)[IMG]

AUD/USD

The pair is trading for the short-term inside the bullish channel with drawing the Fibonacci retracement correction levels for the last bearish wave for the medium-term, it’s observed that the pair is unable to continue trading above 50% from this Fibonacci retracement correction levels and also coincides with the lower border for this channel which the pair is moving now inside it, expecting that this level will be stabile during the intraday trades, rising the price up targeting the resistance level 1.0793 which represents 61.8% from the same previous mentioned Fibonacci retracement correction levels; that depends on breaking the
resistance level 1.0725 which represents 50% from the same previous mentioned levels.

This scenario depends on the stability of the support level 1.0660.

Yesterday analysis is still remaining

Res: 1.0754 1.0790 1.0832
Pivot: 1.0712
Sup: 1.0676 1.0634 1.0598

[Success_gateway]

EUR/USD

Observing the EUR/USD pair, the last bullish move was supported by a bullish trend line for the last medium and long trades which the pair was able to retest it during the previous short period, if the pair tends to continue rising it must pass 76.4% correction level for the last bearish move from 1.4940 to 1.3970 around 1.4711 price, which will push up the pair to target 1.4825 resistance , but in case 76.4% level held as a resistance; it will push the pair down to retest 61.8% support around 1.4570 price, and if the pair was able to trade below this level it will target 1.4455 level coinciding with 50% correction level.

Res: 1.4664 1.4745 1.4795
Pivot: 1.4614
Sup: 1.4533 1.4483 1.4402
](http://www.herosh.com)[IMG]

GBP/ USD
Yesterday trades saw forming a new bullish bottom at the level 1.6350 using touching the mid-term bullish trendline, the pair is forming a mid-term bullish move and also is forming a bullish channel, it is expected during the upcoming trades that the pair will try to test the resistance level 1.6460 and if it was able to do so, it may rise targeting the level 1.6545. the stability of these expectations requires the stability of the bottom border of the bullish channel and also the stability of the level 1.6380.

Res: 1.6452 1.6502 1.6554
Pivot 1.6400
Sup: 1.6350 1.6298 1.6248
](http://www.herosh.com)[IMG]

USD/CHF

During the trades of the last days, the pair formed a mid0term sideway channel between the support level 0.8328 which represents the bottom border of the channel and the resistance level 0.8392, yesterday trades were in a very narrow range so if the pair broke the resistance level 0.8392 with stability above it, the pair will target the resistance level 0.8467 and in the case that the pair broke the support level 0.8328 it will target the support level 0.8248.

Res: 0.8378 0.8396 0.8412
Pivot 0.8362
Sup: 0.8344 0.8328 0.831
](http://www.herosh.com)[IMG]

USD/CAD

As it is noticed through this chart, the pair did not succeed to break the resistance level 0.9810 and now the pair is trying to break it and if the pair succeeded to do so with stability above it, it will target the resistance level 0.9915 which represents the top border of the channel and if the pair did not succeed to do so it will re-test the support level 0.9729 which represents the bottom border of the channel.

Res: 0.9827 0.9863 0.9908
Pivot: 0.9782
Sup: 0.9746 0.9701 0.9665
](http://www.herosh.com)[IMG]

AUD/USD

The support level 1.0660 which represents 38.2% of Fibonacci’s correction level for the last long-term bearish wave did not succeed to remain stable as it was expected through yesterday analysis meanwhile, the pair succeeded to break this level and re-testing it as a resistance level before declining reaching the support level 1.0575 which represents 23.4% of the same mentioned Fibonacci’s correction level expecting more declining affected by the trades of yesterday but under the condition of breaking the support level 1.0575 with stability below it to target then the support level 1.0505.
The stability of these expectations requires the stability of the resistance level 1.0660.

Res: 1.0703 1.0783 1.0841
Pivot: 1.0645
Sup: 1.0565 1.0507 1.0427

[Success_gateway]

EUR/USD

Observing the EUR/USD pair, the last bullish move stopped pushing the pair to fall breakingthe bullish trend line for the last medium and long trades after the pair was able to form the head and shoulder pattern during yesterday trades, to reflect the bullish movement breaking the pattern neck line targeting 1.4420 level as the pattern target coinciding with 38.2% correction level for the bullish move from 1.3969 to 1.4696 with a chance that the pair may retest 23.6% correction level, but in case the pair was able to pass 23.6% level it will continue rising in order to retest the nearest resistance as 1.4650 level.

Res: 1.4614 1.4718 1.4786
Pivot: 1.4546
Sup: 1.4442 1.4374 1.4270
](http://www.herosh.com)[IMG]

GBP/ USD

The pair declined yesterday after facing it by the resistance level 1.6450 for the third consecutive time and it should be noted that this level represents 23.6% Fibonacci retracement correction level for the last bullish wave for the medium-term and declining the pair declined then it broke the support level 1.6360 which represents 38.2% from the same previous mentioned Fibonacci retracement levels and also breaking the support level 1.6300 and if it close below it till this moment so a further drop is expected during the intraday trades targeting the support level 1.6245 which coincides with 61.8% from the same previous mentioned Fibonacci retracement levels then the support level 1.6175.
This scenario depends on the stability of the resistance level 1.6360.

Res: 1.6433 1.6502 1.6540
Pivot: 1.6395
Sup: 1.6326 1.6288 1.6219
](http://www.herosh.com)[IMG]

USD/CHF

As it was expected through yesterday analysis, the pair continued rising breaking the out of the sideway channel at the resistance level 0.8392 targeting the resistance level 0.8467 and if the pair succeeded to break this level it will target the resistance level 0.8541 which represents 38.2% of Fibonacci’s correction level for the bearish direction.

The stability of these expectations requires the stability of the pair above the resistance level 0.8392.

Res: 0.8454 0.8495 0.8545
Pivot: 0.8404
Sup: 0.8363 0.8313 0.8272
](http://www.herosh.com)[IMG]

USD/CAD

As observed in the chart that the pair was unable to break the resistance level 0.9810 for the second consecutive day whereas the pair retested the support level 0.9727 during yesterday’s trading end which represents the channel’s lower border, if the pair is unable to break this level so it’s expected that the pair will retest the resistance level 0.9810 during the intraday next trades if the pair is able to break this level and the stability above it therefore the pair will target the resistance level 0.9949 which represents the channel’s top border but the pair’s inability to break this level, so the pair will retest the support level 0.9727 which represents the channel’s lower border.
This scenario depends on the stability of the support level 0.9727.

Res: 0.9785 0.9842 0.9874
Pivot: 0.9753
Sup: 0.9696 0.9664 0.9607
](http://www.herosh.com)[IMG]

AUD/USD

The pair is moving from yesterday by a sideway direction between the resistance level 1.0653 and the support level 1.0563 forming a harmonic AB=CD pattern which will be confirmed by breaking the support level 1.0563 which represents the formed pattern B point, if the pair is able to break this level during the intraday levels it will test the support level 1.0445 which ends the pattern by ending the CD wave.

This scenario depends on the stability of the resistance level 1.0653.

Res: 1.0669 1.0714 1.0768
Pivot: 1.0615
Sup: 1.0570 1.0516 1.0471