EURUSD
The
EURUSD is moving upwardly on the hourly interval, and it faces a strong
resistance level at 1.1175. 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
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 rise to the
level of 1.3100 as it bounces from the lower bound of the descending classic
channel.
Resistance
1.3000 -1.3100 - 1.3250
Support:
1.2270 - 1.2250 - 1.2200
Direction:
Bearish
USDJPY
The
USDJPY pair is moving in a downward direction on the hourly interval. The price
may rise to 108.00 price level before falling again.
Resistance
108.50 - 110.00 - 112.50
Support:
106.00 - 105.00 - 104.00
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 a resistance level at 1650 and it is
possible to drop until the price level of 1600.
Resistance:
1650 - 1700 - 1750
Support
1560 - 1512 - 1482
Trend:
Bullish
Oil
Oil
is moving in a bearish direction on the hourly interval, as shown in the
following image. It is possible that oil will rise today until the price level
50.00, which represents a strong resistance level.
Resistance
50.00- 52.50- 55.50
Support:
45.00 - 42.00 - 40.00
Trend: Bullish