EURUSD
The
EURUSD is still moving in a downward direction on the one-hour timeframe inside
the classic downside channel. We expect further drop for the pair in the coming
hours.
Resistance
levels: 1.1175 - 1.1210 - 1.1260
Support
levels: 1.1110 - 1.0990 - 1.0940
Direction:
Bearish
GBPUSD
The
GBPUSD broke the support level of 1.3020, which turned into a resistance level.
We are waiting for it to be tested again for selling until 1.2900 levels.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2960 - 1.2900 - 1.2850
Direction:
Bearish
USDJPY
The
USDJPY is showing volatility over the one-hour timeframe and is likely to
continue falling until the 108.90 price level, where it may find the first
support levels.
Resistance:
109.70 - 110.00 - 110.50
Support:
108.90 - 108.30 - 107.90
Trend:
Volatile
Gold
Gold
rose strongly and breached the resistance level of 1495, which turned into a
support level. We are waiting for gold to correct to the downside to at least
to 1485 price level to buy again, as the RSI indicates overbought and possibly
corrective decline.
Resistance:
1515 - 1540 - 1560
Support:
1445 - 1430 - 1420
Trend:
Bullish
Oil
Oil
is moving in an upside direction on the hourly timeframe and the price is close
to the upper border of the bullish classical channel pattern. It is possible to
see a downside correction until the price level of 58.80.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish