EURUSD
The
EURUSD fell, as we expected yesterday, where the pair is still in an upside
direction on the one-hour timeframe and close to the support level of 1.1175. We
can wait until it reaches the level of 1.1110 to buy again.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.1175 -1.1110 - 1.0990
Trend:
Bullish
GBPUSD
The
GBPUSD fell after retesting the broken upside trend line on the hourly chart. 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 broke the 108.30 price level, which represented a strong support level
and turned into a resistance level now. It may retest it and drop to 107.90
levels as a first target and 107.50 as a second target.
Resistance:
108.30 - 109.70 - 110.00
Support:
107.90 - 107.50 - 107.00
Trend:
Volatile
Gold
As
expected, gold rose to the level of 1535, strengthening its bullish direction,
but it is preferable to wait and buy after the price corrects downward to 1515
levels, where it will be a better level to buy.
Resistance:
1540 - 1550 - 1560
Support:
1445 - 1430 - 1420
Trend:
Bullish
Oil
Despite
the rise in oil, the price is touching the upper bound of the bullish classic
channel, and therefore it is preferable to wait and buy from 58.80 levels
rather than buying from the current levels.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish