EUR/USD Current Price: 1.3868
Bearish Hourly Sentiment is currently seen as Price finds Slight Depreciation from the 1.3943 Daily Pivot, as a Failed 20SMA/200SMA Bullish Cross is seen with the 20SMA and 200SMA moving in Parallel. Price finds 1.3894 Daily Static Support within a small Hourly Downtrend Channel as RSI Readings and Slope are slightly Bearish at “41”. Continuation sees the 1.3863 Daily Static Support followed by down to 1.3814, which keeps Price in the Accumulating Congestion Zone. A potential MA Bearish Cross at these Levels may complete for additional Bearish Pressure on the Unit, with the 1.3766 Area in Near-Term View. A Breach of both MA’s at the Daily Pivot Area sees 1.3959 Dynamic and 1.3993 Static Resistance, which will give the Pair an Hourly Triple Top if the Area can Hold and see Rejection.
Support levels: 1.3894 1.3863 1.3814 1.3766
Resistance levels: 1.3943 1.3955 1.3993 1.4024
GBP/USD Current Price: 1.6456
Neutral to slightly Bullish Sentiment is Seen as Price attempts to Break the Immediate-Term Accumulation building in an Hourly Symmetrical Triangle Formation. A 20SMA/200SMA Bullish Cross is Seen as providing Dynamic Support, with Bullish Momentum seen with an attempt to Clip the 1.6550 Static Resistance from the 1.6451 Daily Pivot Support. A Hold of Resistance sees an Hourly Double-Top Formations, which if Fails, sees Price Depreciation to the 1.6999 200SMA with a Negation of the Bullish Cross. 1.6353 Static Support followed by 1.6292.
Additional Depreciation sees 1.6193 Static Basing Support, where price sees a return to the Larger Hourly Downtrend Channel in the Immediate-Term.
Support levels: 1.6451 1.6399 1.6353 1.6292 1.6193
Resistance levels: 1.6550 1.6585 1.6629 1.6673
USD/JPY Current Price: 96.07
Bearish Sentiment is seen with Price holding at Tight Range between 95.75 Daily Static Support and 96.19 Dynamic Resistance from the Hourly 20SMA. Continuation sees a Breach of the 95.75 Support through to Hourly Basing at the 95.50’s Area, which will Negate the Prior Swing High Upleg, as the 95.75 Support Congestion Area is favored. Clearance of the 92.27 Dynamic Resistance above the 20SMA sees the 96.48 Daily Pivot, and onto Daily Static Resistance at the 96.93 Level.The 97.20/Hourly 200SMA Confluence sees a potential Hourly Double-Top Formation if Price is Contained and sees Rejection, otherwise a new Upleg is In Place with 97.65 In Sight in the Near-Term.
Support levels: 96.03 95.75 95.50 94.97 94.54
Resistance levels: 96.18 96.48 96.93 97.20 97.65
USD/CHF: Current Price: 1.0868
Bullish Sentiment is Seen as Price pulls off of the Daily Static Support Hourly Double-Bottom Formation from 1.0774. An Hourly Uptrend Channel is Seen, as Price is held by 1.0861 Dynamic Resistance, and a current Breach as of this Writing will see 1.0888 onto 1.0901.
Continuation sees Price Appreciation to 1.0925 and Static Resistance at 1.0950, as Price leaves the entire 1.0770’s-1.0910’s Congestion Zone in the near-Term. Failure to hold the Hourly 200SMA/Daily Pivot Confluence at 1.0823 sees 1.0798 and 1.0774 Dynamic and Static Support, where an Hourly Triple-Bottom will be In Place if Price Holds in the Immediate-Term.
Support levels: 1.0823 1.0798 1.0774 1.0736 1.0706
Resistance levels: 1.0871 1.0901 1.0925 1.0950 1.0977
