EUR/USD Current price: 1.4942


e

Ranging higher, pair remains capped under 1.4970 area, losing bullish momentum achieved early Europe. Still with no signs of exhaustion in hourly indicators, and above 20 SMA (red) strongly bullish, pair needs at least lo lose the 1.4900/10 area to trigger some downside movements, while above today’s high, pair should attempt a retest of the 1.5020 area.

Support levels:  1.4910 1.4880 1.4840

Resistance levels: 1.4970 1.5020 1.5060

GBP/USD Current price: 1.6802


g

Not much change since last update, pair remains struggling around the 20 SMA in the hourly, unable to clearly break above the 50% Fibonacci retracement of the monthly fall. With hourly indicators slightly bullish, bigger time frames show no upside strength in the pair at this point. We need a clear movement at least above 1.6840 area to confirm an upside continuation, while break under 1.6740 static level, to see more downside movements for today.

Support levels: 1.6770 1.6740 1.6685

Resistance levels:  1.6840 1.6880 1.6920

USD/JPY Current price: 89.21


y

Also in a tight range, pair has hold above the 89.00 level, yet 20 SMA both in 1 and 4 hours charts, is keeping the upside limited at this point. Slightly bullish indicators in the hourly chart gave no clear signals at this point, while general trend remains bearish.

Support levels: 89.05 88.80 88.20

Resistance levels: 89.40 89.70 90.00

USD/CHF Current price: 1.0107


c

Back under pressure, failure above 1.0200 past Tuesday has send the pair to current 1.0100 area; hourly charts show signs of more bearish continuation in the pair, supported also by bigger time frames. Current upside correction should remain capped under 1.0130/165 resistance levels, to confirm further intraday falls.

Support levels: 1.1000 1.0060 1.0030

Resistance levels: 1.0130 1.0165 1.0200