EURUSD
Yesterday,
the EURUSD rallied strongly to 1.0775 levels, which is very close to the 1.1095
resistance level, so we expect a downside correction today to retest the
breached downtrend line.
Resistance
Levels: 1.1055- 1.1095- 1.1175
Support
levels: 1.0940 - 1.0880 - 1.0780
Trend:
Bullish
GBPUSD
The
GBPUSD 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. Therefore, we expect the price 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 in an uptrend despite its sharp drop the previous session, but
it is close to the support level of 108.90. Thus, we should wait before
activating a buy order.
Resistance:
109.00 - 109.50 - 110.00
Support:
108.90 - 107.90 - 107.30
Trend:
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 to reach
1475 levels to sell.
Resistance:
1475 - 1495 - 1515
Support:
1445 - 1430 - 1410
Direction:
Bearish