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
fell towards the aforementioned target yesterday, reaching 1.3300, and we
expect that in the event of a breakout of the resistance area of 1.3370:
1.3400, it will continue rising, targeting 1.3500.
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 rose in
previous hours, achieving its first target at 104.60, where it started to
decline. We expect it to continue its decline, targeting the 104.20 support
level.
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. Gold succeeded in
breaching the $1820 resistance and we expect it to continue rising, targeting
the level of 1840, which it may begin to decline from it to retest the breached
resistance.
Resistance:
1820-1890-1950
Support
1820- 1800- 1750
Trend: Sideways
Oil
Oil
(Brent crude) is moving in a sideway direction on the one-hour timeframe. Oil
rose to its bullish target of $48.00, and we expect it to continue rising,
targeting the level of 48.90 then $ 50.00.
Resistance
49.00 - 50.00 - 51.00
Support:
46.50 - 45.00 - 42.50
Trend: Sideways