EURUSD
The
EURUSD is still moving upward on the hourly timeframe, as the price is now
close to the lower boundary of the bullish classic channel and is likely to
rise to 1.1175 levels.
Resistance
levels: 1.1175 - 1.1210 - 1.1260
Support
levels: 1.1110 - 1.0990 - 1.0940
Trend:
Bullish
GBPUSD
The
GBPUSD touched the bullish trend line on the hourly timeframe and is likely to
rise during the coming hours. It is preferable to wait for confirmation of
appropriate price behavior to buy, noting that the RSI also indicates oversold
and supports the upside direction.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.3120 – 1.2960 – 1.2900
Trend:
Bullish
USDJPY
The
USDJPY is moving in a volatile direction on the one-hour chart, where the price
is close to a strong resistance level of 109.80 and it is possible that it will
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 facing resistance near the level 1478, and we should
wait 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, oil is moving in an upside direction on
the hourly interval and near the upper side of the channel. We are waiting for
the support level of 58.81 to be broken for selling until the bottom of the
channel, as the RSI indicates overbought and supports the downside correction.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish