EURUSD
The
EURUSD is moving in a downtrend in a classic bearish channel on the hourly
interval. The price has reached the upper boundary of the bullish classic
channel so we expect more decline in the coming hours.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.0990 - 1.0940 - 1.0850
Trend:
Bearish
GBPUSD
The
GBPUSD is fluctuating on the hourly timeframe, moving inside a triangle pattern.
Therefore, we should wait for the breakout of the triangle to decide whether to
buy or sell.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Volatile
USDJPY
The
USDJPY pair is still moving in a bullish direction on the hourly interval, as the
pair has reached the price level of 108.70 and the lower boundary of the
classic bullish channel.
Resistance
109.70 - 110.00 - 110.50
Support:
108.40 - 107.50 - 107.00
Trend:
Bullish
Gold
Gold
is moving in a bullish direction on the one-hour timeframe and close to the
upside trend line. We should wait until a suitable price behavior to buy or the
break of the minor upside trend line for selling.
Resistance:
1600 - 1625 - 1650
Support
1513 - 1500 - 1480
Trend:
Bullish
Oil
Oil
is moving in a bearish direction over the one-hour timeframe, forming a classic
descending channel. The price has breached the support level of 51.10, so we
expect more decline.
Resistance
62.50 - 65.00 - 68.00
Support:
51.45 - 50.00 – 45.00
Trend: Bearish