EURUSD
The
EURUSD is moving in an upward direction on the hourly interval. The pair
succeeded in ascending towards the target price 1.2050 after its success in
entering the ascending channel again, but we expect it may start a corrective
decline from that targets the level of 1.2000 again.
Resistance
levels: 1.2070 - 1.2100 - 1.2200
Support
levels: 1.2000 - 1.1930 - 1.1800
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval. The pair
succeeded in ascending towards the target price of 1.3450, after its success in
breaching 1.3350, but it may start a corrective decline from that targets
1.3350.
Resistance
1.3450 - 1.3500 - 1.3600
Support:
1.3350 - 1.3300 - 1.3200
Direction:
Bullish
USDJPY
The
USDJPY pair is moving upwardly on the hourly interval. The pair succeeded in
rising from the support area for the sideways direction mentioned previously,
achieving its first target. We expect it to continue rising towards 104.60, and
if it breaks, the next target will be at 105.00.
Resistance
104.20 - 104.60 -105.60
Support:
104.20 - 103.60 - 103.00
Trend:
Sideways
Gold
Gold
is moving in a bearish direction on the hourly interval. The price continued to
rise in its corrective movement as we expected, as it rose from the level of
1765 to 1820, and we expect that the resistance of $1820 will succeed in
stopping any current rise in prices.
Resistance:
1820-1890-1950
Support
1800 - 1750 - 1665
Trend:
Sideways
Oil
Oil
(Brent crude) is moving in a sideway direction on the one-hour timeframe. Oil
fell to its bearish target of $ 47.00 and is currently trading near a major
support area. We expect a rise, targeting the level of $48.00 and then $48.90.
Resistance
49.00 - 50.00 - 51.00
Support:
46.50 - 45.00 - 42.50
Trend: Sideways
