EURUSD Current price: 1.3792
News over the Greece situation help the Euro recover some strength; but is still facing pressure considering daily charts. In hourly charts trend favors the upside as the price holds above 20 and 60 SMA. The pair needs to consolidate above 1.3810 to gain strength and rally further. Corrective signals are not seen at the moment. Below 1.3750 pair could lose momentum.
Support levels: 1.3750 1.3690 1.3640
Resistance levels: 1.3810 1.3850 1.3920
GBPUSD Current price: 1.5702
The pair broke above 1.5700 on a possible bailout in Greece and was capped by 1.5745, close to the 23.6 Fibonacci retracement of the January downside rally. Hourly charts are now bullish and will remain that way as long as the pair holds above 1.5600. A break below could weaken the pair enough for a possible test of 1.5560, supported by daily charts which are still bearish.
Support levels: 1.5530 1.5445 1.5360
Resistance levels: 1.5665 1.5705 1.5740
USDJPY Current price: 89.75
Pair is moving with a bullish bias and currently is testing an important resistance zone between 89.90 and 90.00; if it rises above the pair could advance even further and the bullish momentum would gain strength. If the pair losses 89.35 it could turn bearish for the next hours, considering it would have fallen below an uptrend line in hourly charts. A big rally in Asia could weaken the yen.
Support levels: 89.35 89.15 88.85
Resistance levels: 89.95 90.20 90.55
USDCHF Current price: 1.0641
Pair continues moving with a downside bias in hourly charts. During the American session found support at 1.0605. At 1.0600 is located an uptrend line in four hours chart and also a Fibonacci retracement; a break below could weaken the pair further and could lose the bullish bias in bigger time frames. Hourly indicators are close to oversold but the current downside trend is strong.
Support levels: 1.0600 1.0560 1.0505
Resistance levels: 1.0675 1.0710 1.0750
