EUR/USD Current price: 1.3637
Following the mood of stocks, the pair set a fresh low for the week at 1.3510, 200 EMA in the hourly chart. Indicators bearish momentum is over after reaching over sold state, suggesting correction could extend if breaks under 1.3560 congestion zone. Failure at that point and a fresh low in the next hours, will likely trigger more sells in the pair, as bigger time frames remain bearish. Volume is quite high today.
Support levels: 1.3510 1.3473 1.3430
Resistance levels: 1.3565 1.3590 1.3630
GBP/USD Current price: 1.5232
Pair is quickly regaining the upside, approaching to a key resistance level at 1.5250. Break above those highs, supported by indicators could send the pair higher to retest the 1.5300 zone. Above weekly high at .15352 Pair could attempt a longer term up leg in the next week.
Support levels: 1.5200 1.5160 1.5100
Resistance levels: 1.5250 1.5290 1.5335
USD/JPY Current Price 95.46
Pair reached a two month low early European session at 94.77 as risk sentiment continues supporting the Japanese currency. Pair needs to break above the 20 SMA now around 95.65 to extend upside correction, as general trend remains bearish.
Support levels: 95.20 94.90 94.70
Resistance levels: 95.60 95.86 96.20
USD/CHF: Current Price: 1.1082
Still in range but with lower lows, pair is again attempting to rise, but the static resistance around 1.1125 keeps limiting the upside. Break under the ascendant line at 1.1048 will confirm further falls in the pair, as indicators support the bias.
Support levels: 1.1048 1.1020 1.0970
Resistance levels: 1.1125 1.1148 1.1192
NOTE: when not detail, supports and resistance levels reflect past session candles minimums or maximums congestion zones.
