EUR/USD Current price: 1.4082

e

Slightly bullish in the hourly, pair could attempt some rises thus general sentiment remains strong against Euro. Nikkei 225 strong upside opening 1.1% around 10300 points favors rise in risk appetite for this session, thus pair needs to confirm above 1.4100 level to gain some upside momentum. 20 SMA remains under current price and turning slightly bullish, giving some support at the 1.4060 area, ahead of stronger 1.4035 zone.

Support levels:  1.4065 1.4035 1.4000 

Resistance levels 1.4100 1.4140 1.4190

GBP/USD Current price: 1.6505

g

Consolidating under yesterday’s high, pair is forming a continuation figure in the hourly, but 1.6520 level should offer some resistance during Asia. Once above, 1.6550 consider a retest of the 1.6600 zone. 20 SMA remains strongly bullish in the hourly supporting bigger time frames bias. Momentum has rebounded on the 100 line and seems to be pointing for further rises.

Support levels: 1.6475 1.6440 1.6400 

Resistance levels:  1.6520 1.6550 1.6600

USD/JPY Current price: 95.42

y

Pair remains above previous high’s congestion zone around 93.35, correcting from 95.80 highs reached in American session. This far, 20 SMA in the hourly seems to be capping the downside exactly in the same congestion zone previous strong resistance level. Indicators turned bearish in the hourly suggesting correction could extend to the 95.00 zone. Bigger time frames remain bullish so, expect drops to remain limited in Asia.
 
Support levels: 95.35 95.00 94.70

Resistance levels: 95.68 96.10 96.60

USD/CHF Current price: 1.0866

c

Pair lost upside momentum after reaching strong resistance zone between 1.0920 and 1.0960. Slightly bearish for next hours, pair seems ready to retest the 1.0840 level after current candle opening under 20 SMA.

Support levels: 1.0840 1.0800 1.0770

Resistance levels:   1.0890 1.0920 1.0960 1.1010