EUR/USD is moving in a bearish direction on the one-hour timeframe and is close to the resistance level of 1.0300, but due to the sharp rise last Friday, we prefer to wait until 1.0550 for selling the pair.
Resistance Levels: 1.1055- 1.1095 - 1.1175
Support Levels: 1.0990 - 1.0940 - 1.0880
GBP/USD is moving in a volatile direction on the hourly interval forming a triangle pattern, where it is currently hovering near the upper side of the pattern. So, it is expected to fall to 1.2840.
Resistance: 1.2965- 1.3050- 1.3150
Support: 1.2760 - 1.2660 - 1.2550
The USDJPY is moving upwards on the hourly chart forming a flag pattern and fluctuating around 109.50, which is a strong resistance area. We should wait until the price falls to 108.90 levels to buy.
Resistance: 109.00 - 109.50 - 110.00
Support: 108.30 - 107.90 - 107.30
On the hourly timeframe, gold is moving in a bearish direction and the RSI is indicating overbought areas. It is preferable to wait for the price reaching 1475 levels to sell.
Resistance: 1475 - 1495 - 1515
Support: 1445 - 1430 - 1410
Oil fell strongly last Friday and broke the rising trend line on the daily chart and now it is moving in a bearish direction near the resistance level of 56.20. Hence, we expect the price to fall during this week's trading.
Resistance: 58.75 - 62.50 - 65.00
Support: 53.75 - 51.45 - 50.00