Monday 05-05-2025

EURUSD

The pair moves inside a downtrend in the one-hour timeframe. It rebounded down around level 1.1345 which is a horizontal resistance level in the hourly timeframe, which supports the continuity of the downtrend and will target level 1.1295 then 1.1170. The RSI indicator shows the probability of continuing the downtrend by rebounding down from level 60.

The bearish scenario will be canceled by breaking up through level 1.1425.

Resistance levels:

1.1345, 1.1380, 1.1425, 1.1480

Support levels:

1.1295,  1.1270, 1.1180, 1.1050

 

WTI

The WTI moves in a downtrend in the one -hour timeframe. It rebounded up around level 55.60 which is a horizontal support level in the one-hour timeframe to correact and retest level 58.10 , which by rebounding down from it will support the continuity of the downtrend and will target level 55.60 then 55.25. The RSI indicator shows the probability of continuing the upward correctional movement by rebounding up from level 30 the oversold area.

The bearish scenario will be canceled by breaking up through level 60.15.

Resistance levels:

58.10, 60.15, 61.30, 62.50

Support levels:

55.60, 55.25, 53.85 , 53.15

USDJPY

The pair moves inside an uptrend in the one-hour timeframe. It rebounded up from level 143.90 which is a horizontal support level in the hourly timeframe, which supports the continuity of the uptrend and will target level 145.00 then  145.90. The RSI indicator shows the probability of continuing the uptrend by rebounding up around level 40.

The bullish scenario will be canceled by breaking up through level 143.70.

 

Resistance levels

145.00, 145.90, 146.50, 147.45

Support levels       

143.70, 142.75, 142.00, 141.50

GBPUSD

The pair moves inside a downtrend in the one-hour timeframe. It rebounded down around level 1.3315 which is a horizontal resisatnce level in the hourly timeframe, which supports the continuity of the downtrend and will target level 1.3260 then 1.3230. The RSI indicator shows the probability of continuing the downtrend by rebounding down from level 60.

The bearish scenario will be canceled by breaking up through level 1.3340.

Resistance levels:

1.3315, 1.3340, 1.3395, 1.3445

Support levels:

1.3260, 1.3230, 1.3200, 1.3145

USDCHF

The pair moves in a sideways movement in a one-hour timeframe. It is trading around level 0.8280 which is a horizontal resistance level in the hourly timeframe, which by breaking up thtough it will support the continuity of the sideways movement and will target level 0.8325. The RSI indicator shows the probability of continuing the sideways movement by rebounding up off level 40.

The bullish scenario will be canceled by breaking down through level 0.8200.

Resistance levels:

0.8280, 0.8325, 0.8360, 0.8470

Support levels:

0.8200, 0.8120, 0.8015, 0.7950

 

US30

The US30 moves inside an uptrend in the one-hour timeframe. It is trading around level 41000 which is a horizontal support level in the one-hour timeframe, which by rebounding up from it will support the continuity of the uptrend and will target level 41380 then 42635. The RSI indicator shows the probability of continuing the uptrend by moving around level 50. 

The bullish scenario will be canceled by breaking down through level 39700.

 

Resistance levels:

41380, 41635, 42140, 42560

Support levels:

41000, 40600, 40345, 39700

XAUUSD

The Gold moves inside a downtrend in the one-hour timeframe. It is currently being traded around level 3270 which is a horizontal resistance level in the hourly timeframe, which by reboundiing down from it will support the continuity of the downtrend and will target level 3225 then 3200. The RSI indicator shows the probability of continuing the downtrend by moving around level 60.

This bearish scenario will be canceled by breaking up through level 3320.

Resistance levels:

3270, 3315, 3355, 3370

Support levels:

3225, 3200, 3165, 3120


Crosses 05-05-2025

GBPJPY

The pair moves in an uptrend in the four-hour timeframe. It is trading around level 191.55 which is a horizontal support level in the four-hour timeframe, which by rebounding up from it will support the continuity of the uptrend and will target level 193.80 then 195.80. The RSI indicator shows the probability of continuing the uptrend by moving around level 50.

This bullish scenario will be canceled by breaking down through level 189.90.

 

Resistance levels

193.70, 194.90, 196.00, 197.40

Support levels       

191.55, 189.40, 187.45, 186.00

 

EURJPY

The pair moves in an uptrend in the four-hour timeframe, It is currently being traded around level 163.30 which is a horizontal support level in the four-hour timeframe, which by rebounding up off around it will support the continuity of the uptrend and will target level 164.60 then 165.90. The RSI indicator shows the probability of continuing the uptrend by moving above level 50.

The bearish scenario will be canceled by breaking up through level 161.70.

 

Resistance levels

164.60, 165.90, 166.70, 168.00

Support levels       

163.30, 161.70, 160.90, 159.40

USDCAD

The pair moves in a downtrend in the four-hour timeframe. It is currently being traded around level 1.3770 which is a horizontal support level in the four-hour timeframe, which by breaking down through it will support the continuity of the downtrend and will target level 1.3685. The RSI indicator shows the probability of continuing the downtrend by rebounding down off around level 50.

This bearish scenario will be canceled by breaking up through level 1.3980.

 

Resistance levels

1.3900, 1.3980, 1.4050, 1.4150

Support levels

1.3770, 1.3745, 1.3685, 1.3620

NZDUSD

The pair moves in an uptrend in the four-hour timeframe. It rebounded up off around level 0.5890 which is a horizontal support level in the four-hour timeframe, which supports the continuity of the uptrend and will target level 0.6030 then 0.6120. The RSI indicator shows the probability of continuing the uptrend by rebounding up off around level 60.

The bullish scenario will be canceled by breaking down through level 0.5890.

 

Resistance levels

0.6030, 0.6120, 0.6165, 0.6255

Support levels       

0.5890, 0.5830, 0.5760, 0.5680

EURGBP

The pair moves in a downtrend in the four-hour timeframe. It is trading around level 0.8545 which is a horizontal resistance level in the four-hour timeframe, which by rebounding down from it will support the continuity of the downtrend and will target level 0.8475 then 0.8425. The RSI indicator shows the probability of continuing the downtrend by moving around level 60.

This bearish scenario will be canceled by breaking up through level 0.8625.

 

Resistance levels

0.8545, 0.8625, 0.8655, 0.8740

Support levels      

0.8475, 0.8425, 0.8380, 0.8315

AUDUSD

The pair moves in an uptrend in the four-hour timeframe. It broke up through level 0.6440 which was a horizontal resistance level in the four-hour timeframe, which by holding above it will support the continuity of the uptrend and will target level 0.6540 then 0.6595. The RSI indicator shows the probability of rebounding down to correct before continuing the uptrend by moving around level 70 the overbought area.

This bullish scenario will be canceled by breaking down through level 0.6340.

 

Resistance levels

0.6540, 0.6595, 0.6690, 0.6760

Support levels

0.6340, 0.6225, 0.6125, 0.6085

US100

The US100 moves inside an uptrend in the one-hour timeframe. It rebounded up around level 19900 which was a horizontal support level in the hourly timeframe, which supports the continuity of the uptrend and will target level 20170 then 20470. The RSI indicator shows the probability of continuing the uptrend by moving above level 50.

The bullish scenario will be canceled by breaking down through level 19000.

 

Resistance levels:

20170, 20345, 20470, 20600

Support levels:

19900, 19650, 19475, 19100

US500

The US500 moves inside an uptrend in the one-hour timeframe. It is trading around level 5640 which is a horizontal support level in the hourly timeframe, which by rebounding up from it will support the continuity of the uptrend and will target level 5705 then 5740 . The RSI indicator shows the probability of continuing the uptrend by moving around level 50. 

The bullish scenario will be canceled by breaking down through level 5430.

 

Resistance levels:

5705, 5740, 5790, 5840

Support levels:

5640, 5575, 5430, 5390

XAGUSD

The Silver moves inside an uptrend in the four-hour timeframe. It rebounded up around level 31.90 which is a horizontal support level in the four hour timeframe, which by rebounding up from it will support the continuity of the uptrend and will target level 32.80 then 33.65. The RSI indicator shows the probability of continuing the uptrend by rebounding up around level 40.

This bullish scenario will be canceled by breaking down through level 31.90.

Resistance levels:

32.80, 33.65, 34.60, 34.90

Support levels:

31.90, 31.25, 30.80, 29.50

AUDJPY

The pair moves inside an uptrend in the four-hour timeframe. It is currently being traded around level 93.50 which is a horizontal resistance level in the four hour timeframe, which by breaking up through it will support the continuity of the uptrend and will target level 94.75 then 95.40. The RSI indicator shows the probability of continuity the uptrend by moving between levels 50 and 70.

The bullish scenario will be canceled by breaking down through level 90.60.

 

Resistance levels:

93.50, 94.75, 95.40, 96.50

Support levels:

92.10, 90.60, 89.65, 88.25

CADJPY

The pair moves inside an uptrend in the four-hour timeframe. It is trading around level 104.40 which is a horizontal support level in the four hour timeframe, which by rebounding up fro m it will support the continuity of the uptrend and will target level 105.40 then 105.85. The RSI indicator shows the probability of continuing the uptrend by moving above level 50.

The bullish scenario will be canceled by breaking down through level 102.55.

 

Resistance levels:

105.40, 105.80, 106.30, 107.10

Support levels:

104.40, 103.90, 102.55, 101.35

CHFJPY

The pair moves inside an uptrend in the four-hour timeframe. It is trading around level 174.50 which is a horizontal support level in the four hour timeframe, which by rebounding up from it will support the continuity of the uptrend and will target level 176.15. The RSI indicator shows the probability of continuing the uptrend by moving around level 50.

This bullish scenario will be canceled by breaking down through level 172.00.

 

Resistance levels:

176.15, 176.90, 177.35, 178.50

Support levels:

174.50, 173.65, 172.00, 169.75

EURAUD

The pair moves inside a downtrend in the four-hour timeframe. It broke down through level 1.7675 which was a horizontal support level in the four hour timeframe, which supports the continuity of the downtrend and will target level 1.7370 then 1.7050. The RSI indicator shows the probability of continuing the downtrend by moving between levels 50 and 30.

The bearish scenario will be canceled by breaking down through level 1.7945.

Resistance levels

1.7675, 1.7945, 1.8425, 1.8560

Support levels

1.7365, 1.7050, 1.6960 , 1.6710

EURNZD

The pair moves in a sideways movement in the four-hour timeframe. It is trading around level 1.8935 which is a horizontal support level in the four-hour timeframe, which by rebounding up from it will support the continuity of the sideways movement and will target level 1.9265. The RSI indicator shows the probability of continuing the sideways movement by moving around level 40.

The bullish scenario will be canceled by breaking down through level 1.8955.

Resistance levels:

1.9265, 1.9745, 1.9840, 2.0000

Support levels:

1.8935, 1.8720, 1.8530, 1.8385

GBPAUD

The pair moves inside a downtrend in the four-hour timeframe. It is trading around level 2.0485 which was a horizontal support level in the four-hour timeframe, which by breaking down through it will support the continuity of the downtrend and will target level 2.0325 then 2.0070. The RSI indicator shows the probability of rebounding up to correct before continuing the downtrend by moving below level 30 inside the oversold area.

The bearish scenario will be canceled by breaking up through level 2.1030.

 

Resistance levels

2.0710, 2.1030, 2.1120, 2.1330

Support levels       

2.0480, 2.0320, 2.0250, 2.0070