EURUSD
The
euro is moving against the US dollar in an upward direction on the hourly
interval. The price has breached the descending trend line and is likely to
rise to the level of 1.2200.
Resistance
levels: 1.2200 - 1.2300 - 1.2400
Support
levels: 1.1900 - 1.1800 - 1.1700
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval. It is
likely that it will target 1.3900 price.
Resistance:
1.3900 - 1.4000 - 1.4100
Support:
1.3500 - 1.3600 - 1.3700
Direction:
Bullish
USDJPY
The
USDJPY pair is moving in an upward direction on the hourly interval. The price
is close to the support level of 104.40, it is preferable to buy from these
levels.
Resistance
105.00 - 106.00 - 107.00
Support:
103.50 - 102.00 - 101.00
Trend:
Bullish
Gold
Gold
is moving in a volatile direction on the hourly interval. The price touches the
descending trend line, and it is likely to drop to the 1800 price level, yet the
analysis fails if it breaches the 1850 price level.
Resistance:
1860 - 1900 - 2000
Support:
1750 - 1700 - 1600
Trend:
Bearish
Oil
Oil
(Brent crude) is moving in a volatile direction on the hourly interval. It is
preferable to wait for oil to correct until the price level of $60.00 per
barrel to buy.
Resistance:
62.00 - 63.00 - 64.00
Support:
56.00 - 57.00 - 58.00
Trend: Bullish