EURUSD

The
EURUSD is still moving in a downside direction on the hourly interval, as shown
in the following image. It is likely that it will find support at the price
level of 1.0990.

Resistance
levels: 1.1250 – 1.1300 – 1.1350

Support
levels: 1.0990 – 1.0940 – 1.0850

Trend:
Bearish

 

GBPUSD

The
GBPUSD is moving in an upside direction on the hourly timeframe, after breaking
through the triangle pattern, where today it is retesting it and is likely to
target the 1.3500 price level in the coming days..

Resistance
1.3500 -1.3600 – 1.3650

Support:
1.2270 – 1.2250 – 1.2200

Direction:
Bullish

 

USDJPY

As
we expected last week, the USDJPY fell until the 109.03 price level, and it is
likely that it will continue its decline until 108.40 to find its first support.

Resistance
109.70 – 110.00 – 110.50

Support:
108.40 – 107.50 – 107.00

Trend:
Bullish

 

Gold

Gold
has reached the 1582 target, we mentioned last week, and now it finds a strong
resistance level and it is likely that it will drop until 1560, where it will
be an appropriate opportunity to buy.

Resistance:
1600 – 1625 – 1650

Support
1513 – 1500 – 1480

Trend:
Bullish

 

Oil

Oil
reached the 53.00 target that we mentioned last week, and it is expected to
continue falling until 51.10 to find its first levels of support.

Resistance
62.50 – 65.00 – 68.00

Support:
53.75 – 50.00 – 45.00

Trend: Bearish


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