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Crude oil is decreasing further, heading along the 67.20 range. Crude Oil is trading at mid- December 2014 high. The bullish pattern started in mid-February 2017 is maintained. Hourly support is given at 65.56 (17/04/2018 low). The technical structure suggests short-term downward moves. •

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness is very likely. For the time being, the pair lies in an upside trend since June 2017. Support lies at 42.20 (16/11/2016) while resistance is located at 77.83 (20/11/2014). Crude oil is trading largely above its 200 DMA.

Silver is decreasing further, approaching resistance at 16.39 (14/02/2018 low). Hourly resistance at 16.87 (06/03/2018 high) is distanced. The technical structure suggests further short-term decrease.

In the long-term, the trend remains negative/ sideways. Further downside is very likely. The pair is trading below its 200 DMA. Resistance is located at 21.58 (10/07/2014 high). Strong support can be found at 11.75 (20/04/2009).

Gold is weakening following recent rise at 1325, heading along the 1315 range. Hourly support and resistance are given at 1314 (13/03/2018 low) and 1357 (26/01/2018 high). The technical structure suggests short-term upward moves.

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1'392 (17/03/2014) is required to confirm it. A major support can be found at 1'045 (05/02/2010 low).

EUR/CHF is maintained at the 1.1980 range, trading sideways. Strong resistance at 1.20 remains. Hourly support given at 1.1842 (11/04/2018 low) is distanced. The short-term technical structure suggests further short-term sideways trading moves.

In the longer term, the technical structure has reversed. Strong resistance at 1.20 (level before the unpeg) is now at reach. The ECB's slowing QE program is likely to cause buying pressures on the euro, which should weigh in favour of the EUR/CHF. Support and resistance can be found at 1.0624 (24/06/2016 low) and 1.2097 (18/12/2014 high).

EUR/GBP bullish breakout from 0.8683 (27/04/2018) low is pausing, currently trading above 0.88 and heading along the 0.8820 range. EUR/GBP bearish pattern started in March is weakening. Hourly support and resistance are given at 0.8668 (22/03/2018 low) and 0.8868 (05/12/2017 high). The technical structure suggests short-term increase.

In the long-term, the pair has largely recovered from 2015 lows. The technical structure suggests further upside pressure. Strong resistance can be found at 0.9500 (psychological level) while support remains at 0.8304 (05/12/2016 low). The pair is trading below its 200 DMA.

AUD/USD bearish pattern from 0.7813 (19/04/2018) continues, heading along the 0.7545 range. The pair is trading at mid- December 2017 low. Hourly support and resistance are given at 0.7502 (21/02/2018 low) and 0.7879 (28/02/2018 high). The technical structure suggests short-term downward moves.

In the long-term, the upward trend slows down after failing to reach key resistance at 0.8164 (14/05/2015 low). Key support stands at 0.6009 (31/10/2008 low). A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view.

USD/CAD bullish trend starts back, bouncing off from 1.2826 low and heading along the 1.2860 range. Hourly support and resistance are given at 1.2621 (23/02/2018 low) and 1.2949 (22/03/2018 high). The technical structure suggests short-term increase.

In the longer term, the pair is trading between resistance point at 1.3805 (05/05/2017 high) and support at 1.2128 (18/06/2015 low). Strong resistance is given at 1.4690 (22/01/2016 high). The pair is likely to head lower. The pair is trading above its 200 DMA

USD/CHF bullish pattern continues, the pair is bouncing off from 0.9872 low, heading along the 0.99 range. The bullish pattern started from 0.9188 (16/02/2018 low) continues. The pair is contained between hourly support and resistance given at 0.9574 (17/01/2018 low) and 0.9978 (08/12/2017 high). The technical structure suggests short-term upward moves.

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support lies at 0.9072 (07/05/2015 low) while resistance at 1.0344 (15/12/2016 high) is distanced. The technical structure favours a long term bullish bias since the unpeg in January 2015.

USD/JPY bullish pattern starts back, currently trading at 109.29 and heading along the 109.40 range. The bearish pattern started in January 2018 is weakening. Hourly support and resistance are given at 107.27 (25/02/2018 low) and 110.26 (05/02/2018 high). The short-term technical structure suggests short-term downward moves.

We favor a long-term bearish bias. Support remains at 101.20 (09/11/2016 low). A gradual rise toward the major resistance at 125.86 (05/06/2015 high) seems unlikely. Expected to decline further support at 101.20 (09/11/2016 low). The pair trades below its 200 DMA.

GBP/USD is trading lower, approaching hourly support at 1.3712 (01/30/2018 low) and heading along the 1.3745 range. Hourly support at 1.3836 (06/02/2018) is now broken. The pair is currently trading at March low. Hourly resistance at 1.4097 (29/01/2018 high) remains. The technical structure suggests further short-term decrease.

The long-term technical pattern is reversing. The Brexit vote had paved the way for further decline but the pair is moving to 2016 highs. Long-term support and resistance are given at 1.1841 (07/10/2017 low) and 1.5018 (24/06/2016 high).