EURUSD
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
Trend:
Bullish
GBPUSD
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
Direction:
Bullish
USDJPY
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
Trend:
Volatile
Gold
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
Trend:
Volatile
Oil
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
Trend: Bearish