EURUSD
The
EURUSD reached its target of 1.0990 and it is possible that it will find
support at this price level. The pair is still moving in a in a bearish direction
but the best area to sell the pair is at 1.1086.
Resistance
levels: 1.1250 – 1.1300 – 1.1350
Support
levels: 1.0990 – 1.0940 – 1.0850
Trend:
Bearish
GBPUSD
The
GBPUSD is moving in a volatile direction on the hourly timeframe, inside a triangle
pattern. We should wait until the breakout of the triangle to decide whether to
buy or sell the pair.
Resistance
1.3500 -1.3600 – 1.3650
Support:
1.2270 – 1.2250 – 1.2200
Direction:
Volatile
USDJPY
The
USDJPY fell to 109.03 level and it is likely that it will continue its decline
until 108.40 price level, where it may find its first support.
Resistance
109.70 – 110.00 – 110.50
Support:
108.40 – 107.50 – 107.00
Trend:
Bullish
Gold
Gold
is moving in a volatile direction on the one-hour timeframe after hitting the
resistance at 1582, So, we should wait until the price breach through to buy
until 1611.
Resistance:
1600 – 1625 – 1650
Support
1513 – 1500 – 1480
Trend:
Bullish
Oil
Oil
is moving in a bearish direction over the one-hour timeframe, forming a classic
descending channel pattern, where the price is currently close to the upper
border. Therefore, we expect it to drop during the coming hours.
Resistance
62.50 – 65.00 – 68.00
Support:
51.45 – 50.00 – 45.00
Trend: Bearish
