The EURUSD faces resistance at 1.1095, 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
The GBPUSD pair has breached the triangle pattern on the hourly timeframe and is moving upwards. We should wait for the retest of the support line at 1.2965 to buy with short-term targets because the general trend on the daily chart is bearish.
Resistance: 1.3050- 1.3150- 1.3200
Support: 1.2760 - 1.2660 - 1.2550
Despite its sharp decline, the USDJPY is still moving in an uptrend on the one-hour interval. We will await the price to reach 108.30 to buy as it corresponds to retesting the breached trend line.
Resistance: 109.00 - 109.50 - 110.00
Support: 108.30 - 107.90 - 107.30
Gold has breached the resistance level of 1476 and faces the downside trend line on the hourly chart. In case it could not penetrate and fell below 1476 level, it will be a good selling opportunity.
Resistance: 1495 - 1515 - 1540
Support: 1476 - 1445 - 1430