EURUSD

The EURUSD is moving in an upward direction on the hourly interval. The price is facing a resistance level at the upper bound of the ascending classical channel, so we expect a correction to the downside and then rise again.

Resistance levels: 1.2000 - 1.2100 - 1.2200

Support levels: 1.1700 - 1.1600 - 1.1500  

Trend: Bullish

GBPUSD

The GBPUSD pair is moving in an upward direction on the hourly interval, where the price targets 1.3500.

Resistance 1.3400 - 1.3500 - 1.3600

Support: 1.3000 - 1.2900 - 1.2800

Direction: Bullish

USDJPY

The USDJPY pair is moving downwardly on the hourly interval. The price targets 104.00, but it is preferable to wait for the stability below 105.30.

Resistance 107.00- 108.00- 109.00

Support: 103.00 - 101.00 - 100.00

Trend: Bearish

Gold

Gold is moving in an upward direction on the hourly interval. The price has breached the triangle pattern and is likely to target the 2025 price level.

Resistance: 2100 - 2200 - 2300

Support 1850 - 1750 - 1700

Trend: Bullish

Oil

Oil (Brent crude) is moving in a bullish direction on the one-hour timeframe. We should await the breach of $46.00 and stability above it to buy until the level of $50.00.

Resistance 50.00 - 55.00 - 60.00

Support: 40.00 - 35.00 - 25.00

Trend: Bullish