EURUSD
The
EURUSD is moving in an upward direction on the hourly interval. the pair
succeeded in ascending to its first target 1.2270, and in the event of a
breakout and stability above it, the next target will be at 1.2400, and these
targets will remain in place unless it breaks the 1.2100 support.
Resistance
levels: 1.2200 - 1.2300 - 1.2500
Support
levels: 1.2270 - 1.2200 - 1.2100
Trend:
Bullish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval. The pair
succeeded in ascending to its first target at 1.3600, and we expect that in the
case of maintaining trading above 1.3300, it will rise again to the level of
1.3700 and that the next target will be 1.3800.
Resistance:
1.3700 - 1.3800 - 1.4000
Support:
1.3600 - 1.3500 - 1.3400
Direction:
Bullish
USDJPY
The
USDJPY pair is moving in a downward on the hourly interval, where the pair
failed for the first time in a month and a half to maintain the support of
103.00, and we expect that if the price stabilizes below 103.00, the pair will
continue to decline, targeting the level of 102 then 100.00.
Resistance
103.00 - 103.90 -104.20
Support:
103.00 - 102.00 - 101.00
Trend:
Bearish
Gold
Gold
is moving in a sideway direction on the hourly interval. Gold has succeeded in
rising towards all of its targets and is currently trading near the resistance
of the ascending channel. We expect that it will succeed in stopping the rise
temporarily before breaching it and targeting the upper limit represented in
the level of 1980.
Resistance:
1950 - 1980 - 2000
Support:
1930--1900--1880
Trend:
Bullish
Oil
Oil
(Brent crude) is moving in an upward direction on the one-hour timeframe. Oil
succeeded in rising, achieving its first target at $ 52.00, and we expect it to
continue rising, targeting the level of $54.00, and if it breaks down, the next
target will be at $56.00 and these targets remain as long as it trades above $48.00.
Resistance:
54.00- 56.00- 58.00
Support:
52.00 - 50.00 - 48.00
Trend: Bullish