The EURUSD reached its target of 1.0990 and it is possible that it will find support at this price level. The pair is still moving in a in a bearish direction but the best area to sell the pair is at 1.1086.
Resistance levels: 1.1250 - 1.1300 - 1.1350
Support levels: 1.0990 - 1.0940 - 1.0850
The GBPUSD is moving in an upside direction on the hourly timeframe, after breaking through the triangle pattern, where today it is retesting it and is likely to target the 1.3500 price level in the coming days..
Resistance 1.3500 -1.3600 - 1.3650
Support: 1.2270 - 1.2250 - 1.2200
The USDJPY fell to 109.03 level and it is likely that it will continue its decline until 108.40 price level, where it may find its first support.
Resistance 109.70 - 110.00 - 110.50
Support: 108.40 - 107.50 - 107.00
Gold fell, as expected, after hitting the resistance at 1582, noting that the price is still moving in an upside direction on the hourly interval and close to the minor trend line and is likely to rise during the coming hours.
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 pattern, where the price is currently close to the upper border. So, we expect it to drop during the coming hours.
Resistance 62.50 - 65.00 - 68.00
Support: 53.75 - 50.00 – 45.00