Forex forecast 2023-07-16

Image credits: Carlos Muza / hpjSkU2UYSU / Unsplash

Disclaimer:

TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy or sell the products discussed here.

Study the market analysis and be aware of the risk : reward.

For a more accurate and real time analysis, join our Trade Recommendations package.

Attend our FREE training program to learn to use Weekly Updates to find trade opportunities.

EURGBP

1. The immediate resistances are near 0.85960 and 0.86502
2. The immediate support is near 0.84969
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 0.84969
5. Targets could be 0.85960 and 0.86502

EURNZD

1. The immediate resistances are near 1.7783 and 1.7994
2. The immediate support is near 1.74511
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 1.74511
5. Targets could be 1.7783 and 1.7994

USDJPY

1. The immediate resistances are near 140.132 and 143.099
2. The immediate support is near 136.914
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 136.914
5. Targets could be 140.132 and 143.099

SP

1. The immediate resistance is near 4595.16
2. The immediate support is near 4366.43
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 4366.43
5. Target could be 4595.16

Gold

1. The immediate resistances are near 1970.02 and 1987.13
2. The immediate support is near 1930.26
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 1930.26
5. Targets could be 1970.02 and 1987.13

Crude Oil

1. The immediate resistance is near 76.7714
2. The immediate supports are near 74.0332 and 72.2078
3. Current price seems good for potential sellers
4. Entry on pullback is also possible by keeping the stoploss above 76.7714
5. Targets could be 74.0332 and 72.2078

Interested in more accurate forex signals and real time analysis? Visit our page on Trade Recommendations and sign up for FREE access.