EUR/USD Current price: 1.3588
Hourly charts are confirmer further downside correction for the pair, after breaking a short term flag to the downside. Low volume as traders await American opening, price is under the 20 SMA that is slowly turning down. 60 and 200 EMA the most, should hold the downside.
Support levels: 1.3540 1.3500 1.3453
Resistance levels: 1.3610 1.3670 1.3740
GBP/USD Current price: 1.4402
The pair seems to have found an important support at 1.4400 zone, with indicators changing bias in the hourly. Low volume keeps the pair moving sideways after a correction from the 1.4597 highs. 20 SMA is clearly turning, while break of 1.4370 zone is needed to see the pair gain bearish momentum.
Support levels: 1.4370 1.4345 1.4300
Resistance levels: 1.4440 1.4486 1.4520
USD/JPY Current Price: 95.81
Bullish in the hourly, the pair is a bit overbought in smaller charts, yet gaining good upside momentum, after breaking the key 95.50 zone. Close to tough congestion zone around 96.00, further confirmations above that level, will confirm pair upside bias.
Support levels: 96.00 96.28 96.67
Resistance levels: 95.50/60 95.20 94.46
USD/CHF Current Price: 1.1270
Slightly bullish after consolidating between 1.1150/1.1284 lows, the pair could attempt to move higher if breaks above the 1.1290 in the hourly. 20 SMA is acting as first support for the pair, while indicators remain flat after last sideway movements.
Support levels: 1.1220 1.1181 1.1132
Resistance levels: 1.1290 1.1326 1.1375
Follow the markets with Valeria Bednarik in her blog The advisor Blog.
