Preliminary assessment of the market on July 27.
There are few important economic data to be released today - However, "US consumer confidence" data scheduled for release at should also be kept in mind.
The market is still in a state of waiting for the late night fomc meeting tomorrow night. Therefore, news related to the Covid-19 epidemic should also pay attention to investors.
Currently, the market is expected to continue moving sideways, waiting for fomc.
1. Gold 7/27:
The expected range is still running in the 1790-1810 zone. Buy and sell near this border area.
Buy Limit #XAUUSD #GOLD AT 1790 and 1792
SL: 1785
TP: 18XX 18XX
2. GBPUSD 7/27:
As the number of covid-19 infections in the UK decreased after the UK lifted the blockade orders ==> GBP is supported.
#GBPUSD broke the 1.37800-1.38000 zone which is likely to extend the upside momentum to 1.39000. So buy.
Buy Limit GBPUSD AT 1.3780 and 1.3800
SL: 1.3740
TP: 1.3XXX
3. Bitcoin 7/27.
The resistance is still around 41k. Traders can watch bitcoin's reaction to this resistance zone
Bitcoin Range : 29k-41k
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