EURUSD
The
EURUSD pair fell last Friday as a result of the US labor market data until it
reached the breached trend line on the one-hour timeframe. We expect the pair to
rise from these levels until the resistance level of 1.0950.
Resistance
levels: 1.1055- 1.1095- 1.1175
Support
levels are 1.0990- 1.0880 - 1.0780
Trend:
bullish
GBPUSD
The
GBPUSD is moving upward on the hourly interval, we are waiting for the support
line retest at 1.29650 to buy again.
Resistance:
1.3150- 1.3200 -1.3250
Support:
1.2760 - 1.2660 - 1.2550
Trend:
bullish
USDJPY
The
USDJPY is moving in a downtrend on the hourly timeframe, as the price has
fallen after retesting the broken trend line. We expect it to fall to the level
of 108.30 during the coming hours.
Resistance:
109.00 - 109.50 - 110.00
Support:
108.30 - 107.90 - 107.30
Trend:
bullish
Gold
On
the hourly chart, gold is moving in an upside direction, where the price is now
close to the lower boundary of the descending classical channel. We are waiting
for the formation of a suitable price behavior to buy and then we can target
1478 level.
Resistance:
1495 - 1515 - 1540
Support:
1445 - 1430 - 1420
Trend: bullish