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 and the stability below 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 an upside direction on the hourly timeframe, forming a triangle
pattern, as shown in the following image. It is likely that it will target the
1.3500 price level in the coming days.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Bullish
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 1520 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 currently moving in a bearish direction over the one-hour timeframe after
breaking the classical ascending channel. It is likely that the price will target
the level of 53.75 within hours.
Resistance
62.50 - 65.00 - 68.00
Support:
53.75 - 51.45 – 50.00
Trend: Bearish
