EURUSD

The EURUSD is moving upwardly on the hourly interval. We expect more upside from the current levels due to the presence of strong support.

Resistance levels: 1.1300 - 1.1550 - 1.1600

Support levels: 1.2000 - 1.1900 - 1.1800  

Trend: Bullish

GBPUSD

The GBPUSD pair is moving in a downside direction on the one-hour timeframe, forming a classic descending channel. It is likely that the pair will find support at 1.2200, but it is preferable to sell from the 1.2550 that represent a resistance level. 

Resistance 1.2270 - 1.3000 - 1.3250

Support: 1.2000 - 1.1900 - 1.1800

Direction: Bearish

USDJPY

The USDJPY pair is moving in a downward direction on the hourly interval. The price has reached strong resistance areas and it is likely to continue its drop in the coming hours.

Resistance 107.70 - 110.00 - 112.00

Support: 105.30 - 101.00 - 100.00

Trend: Bearish

Gold

Gold is moving in a bullish direction on the one-hour timeframe, as shown in the following image. The price is facing strong resistance at 1570 price level, and it is expected to return to the 1450 support level.

Resistance: 1600 - 1650 - 1700

Support 1450 - 1400 - 1350

Trend: Bearish

Oil

Oil is moving in a bearish direction on the hourly interval, as shown in the following image. The price is close to the level of $25 a barrel, which represents a very strong support level.

Resistance 35.00 - 44.00 - 50.00

Support: 25.00 - 22.00 - 20.00

Trend: Bearish