EURUSD
The
EURUSD is moving in a downward direction on the hourly interval. The pair is
moving in a large range due to the US elections, but it is expected to complete
its decline to the level of 1.1600.
Resistance
levels: 1.1700 - 1.1800 - 1.1900
Support
levels: 1.1600 - 1.1500 - 1.1400
Trend:
Bearish
GBPUSD
The
GBPUSD pair is moving in an upward direction on the hourly interval. The pair
retesting the breached classical descending channel, and it is expected to
rise.
Resistance
1.3000 - 1.3100 -1.3200
Support:
1.2800 - 1.2700 - 1.2600
Direction:
Bullish
USDJPY
The
USDJPY pair is moving downwardly on the hourly interval. The pair is expected
to decline as it faces resistance represented by the descending trend line.
Resistance
105.00 - 106.00 - 107.00
Support:
104.00 - 103.00 - 102.00
Trend:
Bearish
Gold
Gold
is moving in a downward direction on the hourly interval. The price is facing
the upper bound of the descending classical channel, so we expect a drop to the
level of 1800.
Resistance:
1950 - 2000 - 2100
Support
1850 - 1750 - 1700
Trend:
Bearish
Oil
Oil
(Brent crude) is moving in an upward direction on the one-hour timeframe. The
price is close to the resistance level of 41.20, so we expect a drop to the
level of 38.00.
Resistance
40.00 - 42.00 - 43.00
Support:
35.00 - 34.00 - 33.00
Trend: Bullish