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