EUR/USD Current price: 1.3558


e

Pair set a fresh intraday low after first US data, and holds close to daily low, supporting further falls during next session. Hourly charts show pair is breaking consolidation range to the downside, while momentum remains bearish despite losing some strength. 4 hours charts support the bias, as current candle cross upside down 20 SMA now at 1.3585 area, and immediate resistance level to watch.

Support levels: 1.3530 1.3490 1.3440

Resistance levels: 1.3585 1.63610 1.3640

GBP/USD Current price: 1.5434


g

After early UK disappointing data, pair has remained capped under the 1.5440 resistance area, despite hourly charts support some upside corrective movement to come; if 1.5440 remains unbroken and pair resumes downtrend, expect daily low support at 1.5395 to give up, and pair accelerate, as bigger time frames remain strongly bearish at this point.

Support levels: 1.5395 1.5360 1.5310

Resistance levels: 1.5440 1.5490 1.5530

USD/JPY Current price: 90.79


y

Downside rally has been halted for now, at the 90.50/60 support area, with hourly indicators reaching oversold conditions around that zone. Now correcting slightly up, pair remains capped by the 90.80 resistance area. Technically, pair remains bearish and should accelerate under today’s low, thus likely to wait for Wall Street and next US data to confirm the rally.

Support levels: 90.50 90.20 90.00

Resistance levels: 90.80 91.20 91.50

USD/CHF Current price: 1.0816


c

Hourly charts show indicators a bit exhausted to the upside, losing European session momentum yet holding above the 1.0800 area. Under that zone, a correction could start with immediate support at the 1.0770 area, yet 4 hours charts remain slightly bullish, so expect the downside to remain limited; risk appetite/aversion however, could play it’s part after U.S upcoming data.

Support levels: 1.0770 1.0730 1.0700

Resistance levels: 1.0845 1.0870 1.0910