EUR/USD Current price: 1.3292
Bullish dollar momentum across the board, send Euro under 1.3300. Hourly indicators seem exhausted, but no signs of corrective reversion for this rally. Price breaks even under the 200 EMA, and bigger charts suggest further losses for the pair after a corrective movement.
Support levels: 1.3280 1.3236 1.3200
Resistance levels: 1.3340 1.3387 1.3420
GBP/USD Current price: 1.4327
The pair has completed a perfect pullback to a daily descendant trend line coming from past December high of 1.5722. With indicators exhausted, the corrective movement already developed here. Only above 1.4360 the pair could extend that movement. At the moment, further selling pressure is seen.
Support levels: 1.4300 1.4265. 1.4210
Resistance levels: 1.4360 1.4391 1.4440
USD/JPY Current Price: 97.74
The pair fall to the key 97.10 zone before regaining some bullish strength indicators point for further upside movement as the pair bias remains to the upside in longer term chance. Volume is low, expecting Wall Street opening. Under the mentioned zone, expect further looses as previous vision is denied
Support levels: 97.55 97.10 96.60
Resistance levels: 98.20 98.66 98.89
USD/CHF: Current Price: 1.1428
After finally broke the range to the upside, the pair trigger and explosive bullish rally. Hourly charts shown a small flag continuation figure, so above first resistance, continuation seems likely for today, despite over bought indicators. Both the 20 SMA and the 200 EMA lie under actual price and will act as support for any corrective movement.
Support levels: 1.1398 1.1365 1.1310
Resistance levels: 1.1444 1.1482 1.1534
Follow the markets with Valeria Bednarik in her blog The advisor Blog.
