EURUSD
The
EURUSD is still moving in a downside direction on the hourly interval after
breaking the head and shoulders pattern. It is preferable to wait until the
support level at 1.1086 is broken for selling until the price level of 1.0990.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.0990 - 1.0940 - 1.0850
Trend:
Bearish
GBPUSD
The
GBPUSD is moving in a volatile direction on the hourly timeframe, forming a triangle
pattern, as shown in the following image. We should wait until the breach of
the pattern to determine the next direction.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Volatile
USDJPY
The
USDJPY is moving in an upside direction over the one-hour timeframe and the
price is close to the upper limit of the channel. We should wait for the correction
until the price level of 108.40 to buy again.
Resistance
109.70 - 110.00 - 110.50
Support:
108.40 - 107.50 - 107.00
Trend:
Bullish
Gold
Gold
is moving in a bullish direction over the hourly timeframe. It is preferable to
wait until the price reaches the level of 1513 to buy again. Gold targets the 1582 level as a first
objective.
Resistance:
1600 - 1625 - 1650
Support
1513- 1500 - 1480
Trend:
Bullish
Oil
Oil
is still moving in an upside direction over the one-hour timeframe, as can be
seen from 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