EURUSD

The
EURUSD is moving in a downtrend in a classic bearish channel on the hourly
interval inside a classic bearish channel. The price may currently find support
and it is possible to rise to the price level of 1.0990 and then retreats again.

Resistance
levels: 1.0990 – 1.1086 – 1.1175

Support
levels: 1.0900 – 1.0850 -1.0800

Trend:
Bearish

 

GBPUSD

The
GBPUSD is moving to the downside on the hourly timeframe after breaking the triangle
pattern. We expect more decline in the coming hours. 

Resistance
1.3500 -1.3600 – 1.3650

Support:
1.2270 – 1.2250 – 1.2200

Direction:
Bearish

 

USDJPY

The
USDJPY pair is still moving in a bullish direction on the hourly interval. If
it remained above the support level of 109.65, it is likely to rise in the
coming hours.

Resistance
110.00 – 110.50 – 111.00

Support:
108.40 – 107.50 – 107.00

Trend:
Bullish

 

Gold

Gold
is moving in a bullish direction on the one-hour timeframe, as shown in the
following image. Gold is targeting 1580 price level as a first target.

Resistance:
1600 – 1625 – 1650

Support
1513 – 1500 – 1480

Trend:
Bullish

 

Oil

Oil
is moving in an upside direction over the one-hour timeframe
after breaching the classic descending
channel. The price is expected to rise until the resistance level of 54.75
during the coming hours.

Resistance
54.75 – 62.50 – 65.00

Support:
51.45 – 50.00 – 45.00

Trend: Bullish


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