EURUSD
The
EURUSD is moving to the upside on the hourly interval, where the price has
broken the bullish trend line, and we expect more decline to the level of
1.6500.
Resistance
levels: 1.1900 - 1.1950 - 1.2000
Support
levels: 1.1600 - 1.1500 - 1.1400
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in a downward direction despite the breach of the trend
line. But we should wait for the breach of 1.3000 to confirm the decline, and
then sell to the level of 1.2850.
Resistance
1.3200 - 1.3250 - 1.3300
Support:
1.2700 - 1.2800 - 1.2850
Direction:
Bearish
USDJPY
The
USDJPY pair is moving in a downward direction on the hourly interval, where the
price has fallen from the 106.60 resistance area and we expect more decline.
Resistance
106.00 - 107.00 - 110.00
Support:
103.00 - 101.00 - 100.00
Trend:
Bearish
Gold
Gold
is moving in an upward direction on the hourly interval. The price has breached
the classic descending channel, and it is likely that it will drop to the 1900
level within the coming hours.
Resistance:
2100 - 2200 - 2300
Support
1850 - 1750 - 1700
Trend:
Bearish
Oil
Oil
(Brent crude) is moving in a bullish direction on the one-hour timeframe, where
the price is facing the level of 45, and we should wait for its breakout to buy.
Resistance
50.00 - 55.00 - 60.00
Support:
25.00 - 30.00 - 35.00
Trend: Bullish