EURUSD
The
EURUSD is still moving in an upside direction over the one-hour timeframe. The
pair has reached its maximum correction and touched the trend line, where it is
expected to continue rising today.
Resistance
levels: 1.1250 - 1.1300 - 1.1350
Support
levels: 1.1110 - 1.0990 - 1.0940
Trend:
Bullish
GBPUSD
The
GBPUSD fell after retesting the broken upward trend line on the hourly timeframe.
We expect the pair 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 is moving in a bearish direction on the hourly interval. We should wait
for the support level of 107.90 to be broken, and then we can sell until 107.50
levels since it is first downside target.
Resistance:
108.30 - 109.70 - 110.00
Support:
107.90 - 107.50 - 107.00
Trend:
Bearsih
Gold
Gold
rose strongly with the opening of the market today and reached its highest
level in seven years. We expect more bullishness for gold, but the best areas
to buy are at 1550.
Resistance:
1590 - 1600 - 1625
Support:
1506 - 1524 - 1551
Trend:
Bullish
Oil
In
spite of the rise of oil, the price touched the upper border of the bullish
classic channel. It is preferred to wait and buy from 62.50 levels, as it will
be a better than buying from the current levels.
Resistance
62.50 - 65.00 - 68.00
Support:
58.81 - 53.75 - 51.45
Trend: Bullish