EURUSD
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
Trend:
Bullish
GBPUSD
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
Trend:
Bullish
USDJPY
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
Trend:
Bullish
Gold
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
Direction: Bearish