EURUSD
The
EURUSD is still moving in an upside direction on the hourly interval and near
the trend line. We expect more bullishness today to 1.2500 levels.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.1110- 1.0990 - 1.0940
Trend:
Bullish
GBPUSD
The
GBPUSD fell after retesting the broken upward trend line on the hourly
timeframe. We expect the price to drop further until it reaches the level of
1.2775.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Bearish
USDJPY
The
USDJPY is moving in a downtrend on the hourly interval, where the price has
broken the trend line and retesting it now. The price currently faces a resistance
level at 109.75, so we expect it to decline today until the price level 108.45.
Resistance
109.70 - 110.00 - 110.50
Support:
107.90 - 107.50 - 107.00
Trend:
Bearish
Gold
Gold
is moving in a bullish direction on the hourly interval. It is preferable to
wait until the price reaches the level of 1513 to buy again.
Resistance:
1600 - 1625 - 1650
Support:
1513- 1500 - 1480
Oil
As
we expected yesterday, oil fell but it is still moving in an upside direction
over the one-hour timeframe, as shown in the following image. We expect more
bullishness during the coming hours until the price level of 62.50.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish