EURUSD

Resistance via the 1.3425 figure is weighing on EURUSD price action, allowing the pair to show hints of a reverse hanging man formation. Failure to rise above the aforementioned could prompt a decline towards 1.3293 support – hinting at further downside. Additional downside penetration of the 1.3293 would spark a decline towards 1.3150 subsequent support.

GBPUSD
GBPUSD

Remains embroiled in a key test of support via the 1.6000 round figure. Downside violation of the figure would prompt a drop to subsequent support via the 1.5933 figure. Any converse upside remains contingent on a break of the 1.6168 resistance barrier.

USDJPY
USDJPY

Barriers via the 90.00 figure loom over USDJPY, forcing the emergence of a doji candlestick. The setup portends towards a decline to initial support circa 88.00.