EURUSD Current price: 1.3667
Hourly indicators are slightly bullish; pair needs to break above 1.3745 to rally further.
Main trend in bigger time frames is clearly bearish; some upside strength has been lost as fears and global concerns eased but situation remains delicate. The intra-day trend in not clear yet; below 1.3750 pair could lose strength and fall to test daily lows.
Support levels: 1.3620 1.3580 1.3520
Resistance levels: 1.3715 1.3745 1.3850
GBPUSD Current price: 1.5607
Pair is recovering after falling to a fresh 8-month earlier. Bigger time frames favor further declines supported by a weekly opening below the 38.2 retracement of the upside rally coming from March. Pair is moving sideways and price is currently above 20 SMA which is starting to turn bullish. A break above 1.5625 would turn the intra-day trend to the upside.
Support levels: 1.5530 1.5445 1.5360
Resistance levels: 1.5650 1.5705 1.5740
USDJPY Current price: 89.33
Quiet session so far left hourly indicators mostly flat; charts are still with a slightly bearish bias. Below daily lows pair could fall to test 89.00; below the next zone to consider is 88.85; if the pair falls below is possible a test of last week lows. Above 89.80 the pair should strengthen and rise to test key resistance at 90.10; a break above could send the pair higher. Upside limited by resistance at 90.65.
Support levels: 89.15 88.85 88.55
Resistance levels: 89.80 90.10 90.60
USDCHF Current price: 1.0722
Pair has fallen below 20 SMA in hourly charts and now is working as a resistance around 1.0740. To the downside pair is holding above 1.0700. A break below should send the pair lower with a possible target at 1.0640. Bigger time frames are bullish as long as the pair holds above 1.0560.
Support levels: 1.0695 1.0640 1.0560
Resistance levels: 1.0750 1.0800 1.0835
