EURUSD
The
EURUSD is moving in an upward direction on the hourly interval. The pair rose
close to its first target 1.2170. The pair is currently trading below this
resistance, and we expect that if the pair succeeds in breaking it, it will
rise to 1.2220 - 1.2250, as long as it does not stabilize below 1.2050.
Resistance
levels: 1.2220 - 1.2300 - 1.2500
Support
levels: 1.2170 - 1.2100 - 1.2000
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval, where the
pair succeeded in climbing to the first target at 1.3500. We expect that in the
case of maintaining trading above 1.3500, it will rise to 1.3600 and the next
target will be 1.3700, provided that it is not trading below 1.3400.
Resistance
1.3500 - 1.3600 - 1.3700
Support:
1.3300 - 1.3250 - 1.3200
Direction:
Bullish
USDJPY
The
USDJPY pair is moving upwardly on the hourly interval, as the pair traded near
the support area for the sideways trend formed between 103.00 and 103.50, and
we expect that in the event of continued trading above this area, it will
target resistance at 104.20, then 104.80.
Resistance
103.90 - 104.20 -104.70
Support:
103.50 - 103.00 - 102.00
Trend:
Sideways
Gold
Gold
is moving in a sideway direction on the hourly interval. Gold rose from the
support of 1820, recording 1870 in recent trading. We expect that the
resistance area of ??1870 to 1880 will succeed in stopping any upcoming rise in
gold, and that it trades casually between 1880 and 1820.
Resistance:
1880- 1900- 1950
Support
1840- 1820- 1780
Trend:
Sideways
Oil
Oil
(Brent crude) is moving in an upward direction on the one-hour timeframe, after
oil’s success in maintaining trading above the aforementioned support zone, it
rose in recent dealings, achieving its first target and approaching the second
target at $ 52.00, and we expect the $52.00 target to remain in place. The next
target is at $54.00, as long as it is trading above $47.00.
Resistance
52.00 - 54.00 - 56.00
Support:
50.00 - 48.00 - 47.00
Trend: Bullish