EURUSD
The
EURUSD pair is moving in an upside direction over the one-hour timeframe, as
shown in the following image, where the price is now close to the upper limit
of the channel. It is preferred to wait until the price corrects to the
downside to 1.1110 before buying again.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.1175- 1.1110- 1.0990
Trend:
Bullish
GBPUSD
The
GBPUSD is still moving in a downtrend on the hourly interval, as the price has
broken the uptrend line and is likely to fall in the coming hours after
retesting the trend line.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2550 - 1.2200
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 level.
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. Now, the price is facing resistance level at 1515 and is likely
to drop as a downside correction to the level of 1495.
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
witness 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