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 downward 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 it is likely that
the price will decline until 108.30, which represents the first levels of
support for the pair.
Resistance:
109.70 - 110.00 - 110.50
Support:
108.30 - 107.90 - 107.50
Trend:
Volatile
Gold
Gold
rose strongly and breached the resistance level of 1515, which turned into a
support level. Gold is now moving in a bullish direction on the hourly
interval, targeting the 1535 price level.
Resistance:
1535 - 1550 - 1560
Support:
1445 - 1430 - 1420
Trend:
Bullish
Oil
Oil
is moving in an upside direction on the hourly interval and the price is close
to the upper bound of the bullish classic channel pattern. However, I\it is
possible to witness a corrective decline until the price level of 58.80.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish