EURUSD
As
we expected last week, the EURUSD pair fell after touching the upper limit of
the bullish classic channel pattern. The price is now at a good support area.
Resistance
levels: 1.1175 - 1.1210 - 1.1260
Support
levels: 1.1110 - 1.0990 - 1.0940
Trend:
Bullish
GBPUSD
The
GBPUSD is still moving in an upward direction on the hourly timeframe and the
best buying areas are near the upside trend line or at the 1.3200 price level,
which represents a good support level.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.3250 - 1.3120 - 1.2960
Trend:
Bullish
USDJPY
The
USDJPY fell strongly after touching the resistance line at the 109.70, where the
pair is moving in a volatile direction on the hourly timeframe and is likely to
target the 108.90 price level.
Resistance:
109.70 - 110.00 - 110.50
Support:
108.90 - 108.30 - 107.90
Trend:
Volatile
Gold
Gold
is moving in an upward direction on the hourly interval, as shown in the
following image. The price is facing resistance near the level of 1478, so we
are waiting for its breach and stability above it to buy.
Resistance:
1495 - 1515 - 1540
Support:
1445 - 1430 - 1420
Trend:
Bullish
Oil
As
it is clear from the following chart that oil is moving in an upward direction
on the one-hour timeframe and near the upper border of the channel. Meanwhile, we
are waiting for the support level of 58.81 to be broken to sell until the
bottom border of the channel.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish