The EURUSD is moving upwardly on the hourly interval, and it faces a strong resistance level at 1.1090. Therefore, it is preferable to buy from 1.1000 levels.
Resistance levels: 1.1100 - 1.1200 - 1.1300
Support levels: 1.1000 -1.0900 - 1.0800
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 rise to the level of 1.3100 as it bounces from the lower bound of the descending classic channel.
Resistance 1.3000 -1.3200 - 1.3350
Support: 1.2270 - 1.2250 - 1.2200
The USDJPY pair is moving in an upside direction on the hourly interval. The price has breached the classical bullish channel and the resistance level of 108.50. So, we expect more drop provided that the price stabilizes below 108.50.
Resistance 108.50 - 110.00 - 112.50
Support: 107.50 - 106.00 - 105.00
Gold is moving in a bullish direction on the one-hour timeframe, as shown in the following image. Gold is now having a strong support at 1563.
Resistance: 1611 - 1650 - 1700
Support 1560 - 1512 - 1482
Oil is moving in a bearish direction on the hourly interval, as shown in the following image. We expect more decline, but the best area for selling is at 50.00 and the closest support level is at 45.00.
Resistance 50.00- 52.50- 55.50
Support: 45.00 - 42.00 - 40.00