EURUSD is moving in a bearish direction on the one-hour timeframe forming a flag pattern. We should sell directly after the pattern’s breakout, with first target at the support level of 1.0990.
Resistance Levels: 1.1055- 1.1095 -1.1175
Support Levels: 1.0990 - 1.0940 - 1.0880
GBPUSD is still moving in a volatile direction forming a triangle pattern on the hourly interval. The price is now close to the bottom of the pattern and waiting for the triangle to break to sell targeting 1.2760, which is the first support level facing the price.
Resistance: 1.2965- 1.3050 - 1.3150
Support: 1.2760 - 1.2660 - 1.2550
USDJPY is moving in an uptrend on the one-hour timeframe, but the RSI indicates overbought areas, so we expect a correction to 108.90 levels from which we can buy.
Resistance: 109.00 - 109.50 - 110.00
Support: 108.30 - 107.90 - 107.30
On the hourly charts, gold is moving in a bearish direction and is close to the downtrend line, so expect further downside to 1,445 level, which is considered a strong support.
Resistance: 1475 - 1495 - 1515
Support: 1445 - 1430 - 1410
Oil is still moving upwards on the hourly timeframe but is close to the resistance level of 58.75. Therefore, buying is not recommended now, where the best buying areas are located near the uptrend line at 56.20.
Resistance: 58.75 - 62.50 - 65.00
Support: 56.20 - 53.75 - 51.45