The EURUSD is moving in a downtrend in a classic bearish channel on the hourly interval inside a classic bearish channel. The price may currently find support and it is possible to rise to the price level of 1.0990.
Resistance levels: 1.1250 - 1.1300 - 1.1350
Support levels: 1.0990 - 1.0940 - 1.0850
The GBPUSD is fluctuating on the hourly timeframe after breaking the triangle pattern. We expect more decline in the coming hours.
Resistance 1.3500 -1.3600 - 1.3650
Support: 1.2270 - 1.2250 - 1.2200
The USDJPY pair is still moving in a bullish direction on the hourly interval. The pair rose strongly, as we expected yesterday, breaching resistance at 109.70, which turned into a support level, so we expect more rise.
Resistance 110.00 - 110.50 - 111.00
Support: 108.40 - 107.50 - 107.00
Gold is moving in a bullish direction on the one-hour timeframe, as shown in the following image. Gold is targeting 1580 price level as a first target.
Resistance: 1600 - 1625 - 1650
Support 1513 - 1500 - 1480
Oil is moving in a bearish direction over the one-hour timeframe after breaching the classic descending channel. The price is expected to rise until the resistance level of 54.75 during the coming hours.
Resistance 54.75 - 62.50 - 65.00
Support: 51.45 - 50.00 – 45.00