EUR/USD Current price: 1.3689
An Hourly Bullish view currently capped at initial resistance @ 1.3685 Area. The Unit is consolidating on this Time-Cycle, but still Bullish in Sentiment with a potential Triple-Top Formation in view if the Pair breaches immediate-term resistance @1.3710 onto1.3734 and violates the dynamic Uptrend Hourly Channel. Corrective pullbacks to the Downside may be supported @ 20EMA confluence of 1.3636 @ further @ 1.3606/1.3600 Handle in the Near-Term.
Support levels: 1.3606 1.3563 1.3526
Resistance levels: 1.3684 1.3710 1.3735
GBP/USD Current price: 1.4565
The Unit also rests at immediate-term Resistance @ 1.4557 with a similar Bullish Engulfing formation as seen in the Euro, although Cable Sentiment maintains cleaner Momentum in its’ dynamic Uptrend Channel. RSI still relatively clean @ 65’s, and a breach of the Channel Topside sees the 1.4600 Handle. Failure at immediate-resistance sees a correction to 20EMA Supporting Confluence @ 1.4497/1.4484 Area, looking further to 1.4457 followed by 1.4407/00 Support handle.
Support levels: 1.4497 1.4457 1.4407 1.4365
Resistance levels: 1.4555 1.4584 1.4634
USD/JPY Current Price: 95.86
Consolidation at the immediate-term Resistance @ 96.25 which defines the Intraday Range for now between 95.45 supportive Area and 96.37 dynamic Resistance. 20EMA flattening out in Angle supporting the continuation Price Action moving forward, and Fractal Behavior finding upside Resistance @ 96.76 if Appreciation continues. Downside corrective Yen Behavior has confluence @ 95.91 20EMA and 96.00 Handle dynamic Support. Further corrective Behavior will find static Support @ 95.45 if the MA can be violated with confidence on the Hourly View.
Support levels: 95.91 95.45 95.07 94.64
Resistance levels: 96.37 96.67 97.00 97.55
USD/CHF: Current Price: 1.1184
The Unit remains Bearish with a smooth Downside Continuation of Fractal bearish Candles and looking for Support@ 1.1197. A breach will move to 1.1885 followed by 1.166 where RSI will be oversold and supportive of overall Bearish Sentiment. Corrective Upside Behavior will need to breach the 20EMA @ 1.1244 and 1.1246 dynamic Resistance for a move to 1.1295 Static Resistance.
Support levels: 1.1197/1.1200 1.1166 1.1109
Resistance levels: 1.1246 1.1295 1.1324 1.1375
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