EURUSD
The
EURUSD is moving upwardly on the hourly interval. The price is facing
resistance at 1.0775, which is likely to fall from it or it may drop from
1.0700.
Resistance
levels: 1.1100 - 1.1300 - 1.1500
Support
levels: 1.0700 - 1.0600 - 1.0500
Trend:
Bearish
GBPUSD
The
GBPUSD pair is moving in a downside direction on the one-hour timeframe, breaching
the flag pattern. Therefore, we expect it to fall until the 1.1500.
Resistance
1.2115 - 1.2500 - 1.2730
Support:
1.1500 - 1.1400 - 1.1200
Direction:
Bearish
USDJPY
The
USDJPY pair is moving in an upside direction on the hourly interval. The price
has reached a good support area at 110.00, and it is preferable to wait for a
good price behavior to buy.
Resistance
110.00 - 112.00 - 115.00
Support:
105.30 - 101.00 - 100.00
Trend:
Bullish
Gold
Gold
is showing volatility on the one-hour timeframe, as shown in the following
image. If the price settled above $1560, it is expected to rise to 1600.
Resistance:
1600 - 1650 - 1700
Support
1450 - 1400 - 1350
Trend:
Volatile
Oil
Oil
is moving in an upside direction on the hourly interval after breaking the
trend line. It is expected to rise to the price level of $30 a barrel, ,
provided that 25 is breached and the price stabilizes above it.
Resistance
35.00 - 44.00 - 50.00
Support:
20.00 - 17.00 - 15.00
Trend: Bullish