EURUSD
The
EURUSD is moving in a downward direction on the hourly interval. The price fell
strongly yesterday until it reached the level of 1.1830, and it is likely that
it will target the 1.730 price level.
Resistance
levels: 1.2000 - 1.2100 - 1.2200
Support
levels: 1.1800 - 1.1700 - 1.1600
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval, where the
price targets 1.3300.
Resistance
1.3300 - 1.3400 - 1.3500
Support:
1.3000 - 1.3050 - 1.3100
Direction:
Bullish
USDJPY
The
USDJPY pair is moving in a downward direction on the hourly interval, where the
price has rebounded from the support level of 105.30 and currently faces
resistance at 106.50. We are waiting for an appropriate price behavior to sell.
Resistance
107.00- 108.00- 109.00
Support:
103.00 - 101.00 - 100.00
Trend:
Bearish
Gold
Gold
is moving in a downward direction on the hourly interval. The price fell
strongly until it reached the 1930 price level, so we should wait to its breakout
to sell to 1900 price level.
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 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