EUR/USD
Brief corrective attempt, signaled on oversold hourly conditions, bounced above 1.2100 handle, but failed to fill the overnight’s gap, being limited by descending 20 day EMA. Subsequent slide below 1.2100 posted fresh low at 1.2067, keeping near-term focus at 1.2000, our next target and psychological support. Hourly studies remains stretched, however, today’s upside rejection under initial 1.2150/80 barriers, does not see much prospect for any significant action as long as 1.2200 stays intact.
Res: 1.2100, 1.2111, 1.2139, 1.2150
Sup: 1.2074, 1.2050, 1.2040, 1.2000

GBP/USD
Further retraces short-term 1.5392/1.5736 upleg, as losses accelerated on a break below 1.5600 handle, extending decline to the levels below 1.5500. As near-term structure do not show any signal of reversal, due to extremely overextended hourly indicators, with immediate focus at 1.5460, 06 July low and more significant 1.5400 base, last time tested on 12 July that also marks June/July range floor.
Res: 1.5500, 1.5516, 1.5552, 1.5581
Sup: 1.5484, 1.5460, 1.5413, 1.5392

USD/JPY
The pair undergoes technical corrective action from day’s lows slightly below 78.00 mark. Not much of recovery seen until now, with gains being limited by 20 day EMA and under initial 78.42 barrier. As short-term conditions remain firmly bearish and key barriers still intact, current move is seen as consolidation before bears take control. Below 78.00, 77.65 at 77.36/00 zone comes next. At the upside, regain of 79.00 is required to delay bears, with interim resistances at 78.68/79.
Res: 78.29, 78.42, 78.68, 78.79
Sup: 78.00, 77.93, 77.65, 77.36 
USD/CHF
Return to strength after bulls were interrupted by corrective pullback that found support at initial 0.9900 support, where 20 day EMA contained dips. Break above 0.9937, previous high, looks for stretch towards parity level and possible test of dynamic barrier of 200 day MA at 1.0050. Hourly indicators at their extreme upside points, as well as 4h RSI in overbought zone, may be signal for more significant corrective action, however, as long as key short-term support and higher platform at 0.9745, reinforced by daily 20 day EMA holds, larger bullish structure will stay intact.
Res: 0.9950, 1.0000, 1.0046, 1.0100
Sup: 0.9900, 0.9891, 0.9871, 0.9851 






