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 hourly 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 in a bearish direction on the hourly interval, as the price has broken the trend line and is retesting it now. We expect it to decline today until the price level of 108.45.
Resistance 109.70 - 110.00 - 110.50
Support: 107.90 - 107.50 - 107.00
Gold is moving in a bullish direction on the hourly interval and the price is touching the upside trend line and is likely to rise in the coming hours.
Resistance: 1600 - 1625 - 1650
Support: 1551- 1524 - 1506
As we expected yesterday, oil fell but it is still moving in an upside direction over the one-hour timeframe, as shown in the following image. We expect more bullishness during the coming hours until the price level of 62.50.
Resistance 62.50 - 65.00 - 68.00
Support: 58.81 - 53.75 - 51.45