EURUSD
The
EURUSD is moving in a downtrend in a classic bearish channel on the hourly
interval, but the best selling areas are at 1.1086 levels.
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 inside a
triangle pattern. We should wait until the breakout of the triangle to decide
whether to buy or sell the pair.
Resistance
1.3500 -1.3600 - 1.3650
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Volatile
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
is moving in a bullish direction on the one-hour timeframe and close to the
upside trend line. We expect it to rise to the level of 1582.
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. Therefore, we expect it to drop during the coming hours.
Resistance
62.50 - 65.00 - 68.00
Support:
51.45 - 50.00 – 45.00
Trend: Bearish