EUR/USD Current price: 1.3172
View Live Chart for the EUR/USD
As expected, EURUSD has reversed sharply after confirming that an agreement was reached in Greece. The pair could find support at the hourly EMA 200 though short term sentiment is bearish and it has broken the bottom of the 1.3220 - 1.3300 range so chances are that the pair will test 1.3100.
Support levels: 1.3150 1.3100 1.3080
Resistance levels: 1.3200 1.3240 1.3280
GBP/USD Current price: 1.5762
View Live Chart for the GBP/USD (Select the currency)
GBPUSD has reversed strongly after topping at the 4 hours SMA 20. The pair is heading south, moving to the short term support around 1.5730. Beware of any long position if the SMA 20 crosses downwards the EMA 200 in the hourly charts as we could have a strong sell-off
Support levels: 1.5760 1.5730 1.5700
Resistance levels: 1.5800 1.5830 1.5860
USD/JPY Current price: 77.68
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USDJPY remains supported by the hourly SMA 20 though the pair is now trading sideways in a narrow range between 77.60 and 77.75. Probably the top of that range is a good level to unwind some long positions. Also watch out a close below that SMA as it could trigger some sell stops.
Support levels: 77.50 77.30 77.00
Resistance levels: 77.80 78.00 78.20
USD/CHF: Current price: 0.9185
View Live Chart for the USD/CHF (select the currency)
USDCHF is skyrocketing today as Greece concerns are weighing in the market. The pair manage to hold above 0.9100 and now it's trading 85 pips higher. Immediate resistance is seen around 0.9225 where should stop and take a breath as RSI is showing the market is overbought.
Support levels: 0.9160 0.9140 0.9120
Resistance levels: 0.9225 0.9250 0.9270
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