The EURUSD is moving in an upward direction on the hourly interval. The price has fallen from the lower bound of the classical channel and is likely to rise from these levels.
Resistance levels: 1.2000 - 1.2100 - 1.2200
Support levels: 1.1700 - 1.1600 - 1.1500
The GBPUSD pair is moving in an upward direction on the hourly interval, where the price targets the 1.3500 price level as long as it stabilizes above the 1.3400 level.
Resistance 1.3400 - 1.3500 - 1.3600
Support: 1.3000 - 1.2900 - 1.2800
The USDJPY pair is showing volatility on the hourly interval. The pair is moving in a triangle pattern, and we are waiting for it to be broken or breached before buying or selling.
Resistance 107.00- 108.00- 109.00
Support: 103.00 - 101.00 - 100.00
Gold is showing volatile movements on the hourly interval. The price is still moving inside the triangle pattern, and we are waiting for its breakout to decide either buy or sell.
Resistance: 2100 - 2200 - 2300
Support 1850 - 1750 - 1700
Oil (Brent crude) is moving in a bearish direction on the one-hour timeframe, where the wedge pattern has been breached, so we expect more drop in the coming hours.
Resistance 50.00 - 55.00 - 60.00
Support: 40.00 - 35.00 - 25.00