EURUSD
The
EURUSD is moving in a volatile direction on the hourly interval. The price is
moving inside a rectangular pattern that we should wait for its breakout to decide
whether to buy or sell.
Resistance
levels: 1.2000 - 1.2100 - 1.2200
Support
levels: 1.1700 - 1.1600 - 1.1500
Trend:
Volatile
GBPUSD
The
GBPUSD pair is moving in a downward direction on
the hourly interval. We expect the pair to drop from 1.3050 price level.
Resistance
1.3500 - 1.3600 - 1.3700
Support:
1.2750 - 1.2600 - 1.2500
Direction:
Bearish
USDJPY
The
USDJPY pair is moving downwardly on the hourly interval after breaking the
downward the triangle pattern, where the price targets 104.00.
Resistance
107.00- 108.00- 109.00
Support:
103.00 - 101.00 - 100.00
Trend:
Bearish
Gold
Gold
is moving in a downward direction on the hourly interval. We expect further fall
during the coming hours until the price level of 1885.
Resistance:
2100 - 2200 - 2300
Support
1850 - 1750 - 1700
Trend:
Bearish
Oil
Oil
(Brent crude) is moving in a bearish direction on the one-hour timeframe. the
price is likely to drop at $45.00 a barrel.
Resistance
50.00 - 55.00 - 60.00
Support:
35.00 - 30.00 - 28.00
Trend: Bearish