EURUSD
The
EURUSD is showing volatile movements on the hourly interval, where the price is
moving in a triangle pattern, and it is likely that it will target the upper
border of the pattern.
Resistance
levels: 1.1900 - 1.1950 - 1.2000
Support
levels: 1.1600 - 1.1500 - 1.1400
Trend:
Volatile
GBPUSD
The
GBPUSD pair is moving in an upward direction. We should wait for a breakout of
the 1.3000 price level, a corrective drop to the price level of 1.2900, and
then a rise again.
Resistance
1.3200 - 1.3250 - 1.3300
Support:
1.2700 - 1.2800 - 1.2850
Direction:
Bullish
USDJPY
The
USDJPY pair is moving in a downward direction on the hourly interval, where the
price has breached the channel pattern and is likely to target 107.50.
Resistance
107.00-108.00-109.00
Support:
103.00 - 101.00 - 100.00
Trend:
Bearish
Gold
Gold
is moving in an upward direction on the hourly interval. The price has reached
the bullish trend line, and it is likely to rise to the level of 1950.
Resistance:
2100 - 2200 - 2300
Support
1850 - 1750 - 1700
Trend:
Bullish
Oil
Oil
(Brent crude) is moving in a bullish direction on the one-hour timeframe, where
the price is moving in a wedge pattern, and we are waiting to break it to sell
or the breach the $45.00 level to buy.
Resistance
50.00 - 55.00 - 60.00
Support:
25.00 - 30.00 - 35.00
Trend: Bullish