EURUSD
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
Trend:
Bearish
GBPUSD
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
Direction:
Bullish
USDJPY
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
Trend:
Bullish
Gold
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
Trend:
Bullish
Oil
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
Trend: Bearish