EUR/USD Current price: 1.3640
Bullish yet over bought, the pair is fighting at actual levels the daily 200 EMA. Hourly candles are giving signs of exhaustion and a provable reversal correction while RSI is way overbought. 20 SMA is clearly bullish and price remains above larger 60 and 200 EMA. Downside rallies will be consider corrections, to actual bullish dominant trend.
Support levels: 1.3592 1.3530 1.3479
Resistance levels: 1.3660 1.3694 1.3735
GBP/USD Current price: 1.4491
The pair halted the bullish rally at the key 1.4450 zone, and is also correcting the overbought state. Actual candle confirms a probable downside correction with CCI indicator supporting the view. Volume is decreasing at this hour, while price bullish continuation after downside corrections, is supported by the 20 SMA.
Support levels: 1.4446 1.4392 1.4336
Resistance levels: 1.4553 1.4584 1.4610
USD/JPY Current Price: 94.67
Consolidating around 94.60 zone, indicators suggest probable bearish continuation at actual levels. The pair already corrected part of the oversold state, and momentum points to the downside. Moving averages support further falls, despite short term upside corrections, mostly after breaking the key 95.50 zone.
Support levels: 94.50 94.10 93.66
Resistance levels: 94.93 95.50 95.90
USD/CHF: Current Price: 1.1256
Clearly bearish, indicators also support continuation here. Dollar is being sold off all across the board, and this pair even breaks pre intervention levels. Volume decreased enough to halt momentum. CCi is showing some bullish divergences suggesting a probable correction in the next hours.
Support levels: 1.1220 1.1181 1.1132
Resistance levels: 1.1284 1.1326 1.1375
