EURUSD
The
EURUSD is moving downwardly on the hourly interval inside a flag pattern. We should
wait for a breakout to sell.
Resistance
levels: 1.1100 - 1.1300 - 1.1500
Support
levels: 1.0700 - 1.0600 - 1.0500
Trend:
Bearish
GBPUSD
The
GBPUSD pair is moving upwardly on the one-hour timeframe, where the price is
facing a resistance level of 1.1850 and it is likely that it will fall from
these levels.
Resistance
1.1850 - 1.1900 - 1.2050
Support:
1.1500 - 1.1400 - 1.1200
Direction:
Bullish
USDJPY
The
USDJPY pair is moving in an upside direction on the hourly interval. the price
has breached the support level 110.00 and it is likely to target 105.00.
Resistance
112.00 - 115.00 - 117.00
Support:
105.30 - 101.00 - 100.00
Trend:
Bearish
Gold
Gold
is in moving to the upside upward over the hourly interval, but the price may
fall to 1560 levels to test the support line before going up again.
Resistance:
1650 - 1700 - 1750
Support
1560 - 1500 - 1400
Trend:
Bullish
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