Land Prime analyst Shadi Abdo
- Member of The Egyptian Society of Technical Analyst
- Head of Education department, Market Strategist, Chief Technical Analyst of Global Leading Forex Brokerage companies
- Trained over 5000 professional trainers more than 10 years
- BSc in Economics from Mansoura University
03 April 2024
powered by Land Prime
![](/assets/common/main/img/w/common/market_research/img/currency_eur.svg)
![](/assets/common/main/img/w/common/market_research/img/currency_usd.svg)
- EURUSD
![](https://asset.land-fx.com/research/1715568436/99d91a96-9127-4808-8143-bb51582110c9.png)
Update: Targets were hit. The pair has been trading above a strong support level that is 1.0600. Therefore, we are bullish as long as the pair is trading above it with targets: 1.0680 – 1.0720. On the other hand, a close below 1.0600 would push the pair towards 1.0400.
Resistance levels: |
Support levels: |
Recommended: |
▪ 1.0850 ▪ 1.0800 ▪ 1.0720 |
▪ 1.0600 ▪ 1.0550 ▪ 1.0500 |
Bearish below 1.0600
|
![](/assets/common/main/img/w/common/market_research/img/currency_gbp.svg)
![](/assets/common/main/img/w/common/market_research/img/currency_usd.svg)
- GBPUSD
![](https://asset.land-fx.com/research/1715568436/d662a472-e317-43f3-abda-7330a4b3b667.png)
Update: Targets were hit. The pair has been trading below a strong resistance level that is the upside of the bearish channel. Therefore, we are bearish as long as the pair is trading below it with targets: 1.2350 – 1.2300. On the other hand, a daily close above 1.2500 would push the pair towards 1.2650 – 1.2700.
Resistance levels: |
Support levels: |
Recommended: |
▪ 1.3000 ▪ 1.2900 ▪ 1.2800 |
▪ 1.2350 ▪ 1.2300 ▪ 1.2250 |
Bearish below 1.2500
|
![](https://asset.land-fx.com/research/1715568436/cd0a4796-9812-4c82-8cf4-33bd747d9af0.png)
Update: We remain bullish. The pair has been trading above a strong support level that is 2290. Therefore, we are bullish as long as the pair is trading above it with targets: 2400 – 2450. On the other hand, a close below 2290 would push the pair towards 2250 – 2230.
Resistance levels: |
Support levels: |
Recommended: |
▪ 3100 ▪ 3050 ▪ 3000 |
▪ 2300 ▪ 2250 ▪ 2200 |
Bullish above 2290. |
![](/assets/common/main/img/w/common/market_research/img/currency_aud.svg)
![](/assets/common/main/img/w/common/market_research/img/currency_usd.svg)
- AUDUSD
![](https://asset.land-fx.com/research/1715568436/0208effc-0c75-4a9d-9755-7f48c4416a93.png)
Update: No changes. The pair has been trading below a strong resistance level that is 0.6500. Therefore, we are bearish as long as the pair is trading below it with targets: 0.6400 – 0.6360. On the other hand, the pair would be pushed upwards towards 0.6600 – 0.6650.
Resistance levels: |
Support levels: |
Recommended: |
▪ 0.7000 ▪ 0.6950 ▪ 0.6700
|
▪ 0.6480 ▪ 0.6450 ▪ 0.6400
|
Bearish below 0.6480
|
![](/assets/common/main/img/w/common/market_research/img/currency_gbp.svg)
![](/assets/common/main/img/w/common/market_research/img/currency_jpy.svg)
- GBPJPY
![](https://asset.land-fx.com/research/1715568436/486c291d-e25a-44ab-984b-c27028550e1f.png)
Update: No changes. The pair is trading above a strong support level that is 194 shown on the chart above. Therefore, we are bullish as long as the pair is trading above it with targets: 198 - 199.
Resistance levels: |
Support levels: |
Recommended: |
▪ 200.00 ▪ 199.00 ▪ 198.00 |
▪ 195.00 ▪ 194.00 ▪ 192.00
|
Bullish above the downside of the bullish channel.
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