The EURUSD is still moving in an upside direction on the hourly interval and near the trend line. We expect more bullishness today to 1.2500 levels.
Resistance levels: 1.1250 - 1.1300 - 1.1350
Support levels: 1.1110 - 1.0990 - 1.0940
The GBPUSD fell after retesting the broken upward trend line on the one-hour timeframe. 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
The USDJPY is showing volatility on the hourly interval, as shown in the following image. We expect the pair to rise to the 108.90 price level before facing a strong resistance level.
Resistance 109.70 - 110.00 - 110.50
Support: 107.90 - 107.50 - 107.00
As we expected yesterday, gold rose to 1590 price levels and we expect more upside movements today, where the best areas to buy are located at 1575.
Resistance: 1600 - 1625 - 1650
Support: 1575- 1551 - 1524
Oil fell yesterday after it faced a strong resistance level at 65.00 price level, where the price now may find support at 62.50. We are currently waiting for a suitable price behavior to buy.
Resistance 62.50 - 65.00 - 68.00
Support: 58.81 - 53.75 - 51.45