EUR/USD Current price: 1.3994
Eur/Usd seems to be quite comfortable at the 1.4000 zone, and more ready for a spike higher than for a correction despite the overbought condition in daily charts. Moving in a small consolidation flag, break above 1.4035 could trigger some upside momentum, with next resistances located at 1.4060 and 1.4100 zones.1.3952, base of the figure, could be our fist support for today, followed by the 1.3910 zone. Hourly indicators remain flat, while volume is extremely thin do to U.K. and U.S. holidays.
Support levels: 1.3988 1.3952 1.3900
Resistance levels: 1.4035 1.4070 1.4100
GBP/USD Current price: 1.5883
Not much change in the pair also seems contained in a small range with indicators flat. Price hovering around 20 SMA with no direction, don’t suggest a clear bias in the hourly, thus bigger time frames point for some downside correction. Pair needs to break the base of the congestion, around 1.5820 to win some downside momentum. Above 1.5950 next up leg could extend to the 1.6100 in the next sessions.
Support levels: 1.5820 1.5760 1.5720
Resistance levels: 1.5910 1.5950 1.6000
USD/JPY Current Price 95.12
Pair regained the upside during Asian session, and continues consolidating above the 95.00 zone. Due to low volume, range remains quite tiny, inside a small continuation triangle. Break above 95.15 could confirm the figure, with next resistance at 95.60 zone, 61.8% retracement of the last daily fall from 96.68 to 93.85. Once above that level 96.10 will be next resistance to consider and probable target for the pair. Break under 94.90 will deny previous view, and could send the pair back to test the 94.50 zone.
Support levels: 94.90 94.50 94.15
Resistance levels: 95.15 95.50 95.90
USD/CHF: Current Price: 1.0848
Not much change since last updates, pair remains consolidating close to important lows. General perspective remains bearish in the pair, and 1.0700 remains a probable target for the next sessions. No clear signs from indicators, only above 1.0880 the pair can regain some bullish steam and attempt a retest of the 1.1000 zone.
Support levels: 1.0832 1.0805 1.0780
Resistance levels: 1.0880 1.0910 1.0950
NOTE: when not detail, supports and resistance levels reflect past session candles minimums or maximums congestion zones.
