EURUSD
Yesterday
the EUR/USD pair rose, as we expected, where the pair is currently moving in an
upside direction on the one-hour timeframe and is close to the lower boundary
of the bullish classic channel.
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 upside direction on the hourly interval, where the
best buying areas area located 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 is showing some volatility on the hourly timeframe, and the price is
close to a strong resistance level located at 109.80. It is possible to fall in
the coming hours.
Resistance:
109.70 - 110.00 - 110.50
Support:
108.90 - 108.30 - 107.90
Trend:
Volatile
Gold
Gold
is moving in an upside direction on the hourly interval, as shown in the
following image. The price is meanwhile facing resistance at 1478, and 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 image that oil is moving in a bullish direction
on the hourly interval and near the upper border line of the channel. We should
wait for the support level of 58.81 to be breached for selling until the bottom
border of the channel.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish