EURUSD
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
Direction:
Bearish
GBPUSD
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
Direction:
Volatile
USDJPY
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
Direction:
Bullish
Gold
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
Direction:
Bearish
Oil
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
Direction: Bearish