EURUSD
The
EURUSD is moving in a volatile direction on the hourly interval. We should wait
for the breakout or breach of the triangle pattern to buy or sell.
Resistance
levels: 1.2000 - 1.2100 - 1.2200
Support
levels: 1.1700 - 1.1600 - 1.1500
Trend:
Volatile
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval, where the
price targets 1.3300 while the best support level is at 1.3000.
Resistance
1.3300 - 1.3400 - 1.3500
Support:
1.3000 - 1.2900 - 1.2800
Direction:
Bullish
USDJPY
The
USDJPY pair is showing volatility on the hourly interval. We should await the
breach of the triangle pattern before buying or selling.
Resistance
107.00- 108.00- 109.00
Support:
103.00 - 101.00 - 100.00
Trend:
Volatile
Gold
Gold
is moving in a downward direction on the hourly interval. Gold breached the
1930 price level, and we expect more decline in 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. The
price has breached the classic descending channel and is now facing resistance
at the price level of 46.00, so we are waiting for its breakout to buy.
Resistance
50.00 - 55.00 - 60.00
Support:
40.00 - 35.00 - 25.00
Trend: Bullish