EURUSD
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 and then retreats again.
Resistance
levels: 1.0990 - 1.1086 - 1.1175
Support
levels: 1.0800 - 1.0750 - 1.0700
Trend:
Bearish
GBPUSD
The
GBPUSD is moving to the downside 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
Direction:
Bearish
USDJPY
The
USDJPY pair is still moving in a bullish direction on the hourly interval. If
it remained above the support level of 109.65, it is likely to rise in the
coming hours.
Resistance
110.00 - 110.50 - 111.00
Support:
108.40 - 107.50 - 107.00
Trend:
Bullish
Gold
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
Trend:
Bullish
Oil
Oil
is moving in an upside 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
Trend: Bullish