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
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
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
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
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