EURUSD

The
EURUSD pair broke the bullish trend over the one-hour time, as shown in the
following picture, and is now moving inside a classical bearish channel and is
likely to drop today.

Resistance
levels: 1.1175 – 1.1210 – 1.1260

Support
levels: 1.1110 – 1.0990 – 1.0940

Direction:
Bearish

1.jpeg 

GBPUSD

The
GBPUSD broke the uptrend line, but still close to a strong support area. So, we
should wait for it to break down to target the 1.2770 price level.

Resistance
1.3500 -1.3600 – 1.3650

Support:
1.3020 – 1.2960 – 1.2900

Direction:
Bearish

2.jpeg 

USDJPY

The
USDJPY showing fluctuation on the hourly timeframe, but the price is close to a
strong resistance level at 109.80 and it is possible that it will fall in the
coming hours.

Resistance:
109.70 – 110.00 – 110.50

Support:
108.90 – 108.30 – 107.90

Trend:
Volatile

 3.jpeg

Gold

Gold
is moving in an upside direction on the hourly interval, as shown in the
following image, where the price is facing the resistance level 1478. We are still
waiting for the breach and stability above the 1478 level to buy.

Resistance:
1495 – 1515 – 1540

Support:
1445 – 1430 – 1420

Trend:
Bullish

4.jpeg 

Oil

As
it is clear from the following picture that oil is moving in an upside
direction on the hourly interval and near the top of the channel. Meanwhile, we
are waiting for the support level of 58.81 to be broken for selling until the bottom
of the channel, noting that the RSI indicates overbought and a negative price
divergence, which supports the downside correction. .

Resistance
62.50 – 65.00 – 68.00

Support:
58.81 – 53.75 – 51.45

Trend: Bullish

5.jpeg

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