EURUSD
The
EURUSD is moving in an upward direction on the hourly interval. The pair rose
to the target area of 1.2100: 1.2150, recorded the highest price at 12178, and
began to decline. The price would retreat to support area at 1.2100, and if
this support was broken, the next target would be at 1.2000.
Resistance
levels: 1.2170 - 1.2220 - 1.2300
Support
levels: 1.2100 - 1.2000 - 1.1930
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval. The pair
succeeded in ascending to its aforementioned target yesterday and achieved the
highest price at 1.3500 to collide with the rising channel's resistance, and currently
we expect it to retest the 13400 level in case it fails to breach 1.3500.
Resistance
1.3500 - 1.3600 - 1.3700
Support:
1.3450 - 1.3400 - 1.3300
Direction:
Bullish
USDJPY
The
USDJPY pair is moving upwardly on the hourly interval. The pair fell as
expected, achieving more bearish targets and now trading near the sideways
trend support area. If it succeeds in maintaining trading above 103.50: 103.90,
it will rise again targeting the sideway-trend resistance.
Resistance
104.20 - 104.70 -105.00
Support:
103.50 - 103.00 - 102.00
Trend:
Sideways
Gold
Gold
is moving in a bearish direction on the hourly interval. Gold rose, achieving
its second target at $1840. We expect that if the price stables above $1840, it
will continue rising towards $1860 then $1880.
Resistance:
1840- 1880- 1950
Support
1820- 1800- 1750
Trend:
Bullish
Oil
Oil
(Brent crude) is moving in a sideway direction on the one-hour timeframe. Oil
rose to its second target of $48.90, and we expect it to continue rising,
targeting the level of $50.00, which if it breached, the next target will be at
the upper bound of the rising channel at $52.00.
Resistance
49.00 - 50.00 - 52.00
Support:
48.00 - 46.50 - 45.00
Trend: Sideways