EURUSD
The
EURUSD pair broke the resistance levels located at 1.1098 - 1.1110 and settled
above it, so it has become a support area. We expect more rise during the
coming hours and better opportunities to buy from 1.1110 levels.
Resistance
levels: 1.1175 - 1.1210 - 1.1260
Support
levels: 1.1110 - 1.0990 - 1.0940
Trend:
Bullish
GBPUSD
The
GBPUSD rose strongly after the US Federal Reserve's decision to hold interest rates
yesterday. The pair is likely to target 1.3280 level in the coming hours.
Resistance
1.3280 -1.3400 - 1.3450
Support:
1.3150 - 1.2965 - 1.2760
Trend:
Bullish
USDJPY
The
USDJPY failed to continue in the upside and the price returned again to
fluctuation within the triangle pattern. We should wait for the triangle to break
to sell until the level of 108.30 as the first target and the level of 107.900
as the second target.
Resistance:
109.00 - 109.50 - 110.00
Support:
108.30 - 107.90 - 107.30
Trend:
Volatile
Gold
Gold
rose as a result of touching the lower boundary of the classic bullish channel
on the hourly interval. The price is now facing the resistance level at 1478,
and we are awaiting its breach to buy again targeting 1495.
Resistance:
1495 - 1515 - 1540
Support:
1445 - 1430 - 1420
Trend:
Bullish
Oil
Oil
broke the triangle pattern on the one-hour timeframe and retested it, which
supports its corrective decline during the coming hours, as it is likely to
drop to 57.00 levels before going back up again.
Resistance:
58.75 - 62.50 - 65.00
Support:
53.75- 51.45 - 50.00
Trend: Bullish