USD JPY is under bearish pressure, currently experiencing a correction. Watch resistance level at 119.86 to seek SELL signal confirmation with USDJPY possibly will rebound at 118.80-119.06.

GBP/USD

Correction occurs on GBP/USD within support area at 1.47450. Rebound potential remains as long as the support at 1.47450 intact. Stochastic and CCI are in bullish minor condition.

However, before taking long position, you should wait for a break above 1.48007, with target at 1.48649. On the contrary, be careful if the support at 1.47450 breaks, because it will turn intraday bias into bearish and potentially will push sterling down to 1.46827.

ANALISA
 

EUR/USD

EUR/USD on graph hourly chart is in bullish bias. Correction occurs, approaching the support area at 1.06128.

The intraday bias is bullish with at least two scenarios. First scenario is to look for buy signal confirmation within the support area, with rebound target at 1.06622 – 1.07063. Second scenario is to wait for a break above 1.06622 with target at 1.07063 – 1.07572.

Be careful if the support at 1.06128 breaks because it will turn intraday bias into bearish and potentially will push euro down to 1.05634.

ANALISA
 

AUD/USD

AUD/USD on hourly chart is in bullish bias. Correction occurs, approaching the support area at 0.75517.

The intraday bias is bullish if resistance at 0.76163 breaks, with target at 0.76561. Be careful if the support at 0.75517 breaks because it will turn intraday bias into bearish and potentially will push Aussie down to 0.75057.

ANALISA
 

USDJPY

USD JPY is under bearish pressure, currently experiencing a correction. But the stochastic oscillator and CCI provide opportunities for USDJPY rebound. Watch resistance level at 119.86 to seek SELL signal confirmation with USDJPY possibly will rebound at 118.80 - 119.06.

But be careful, if the resistance level at 119.86 is successfully broken as it potentially lifts USDJPY higher with target at 120.36.

Analisa 


USDCHF

USDCHF in Bullish bias, as seen from the trendline formed. But stochastic oscillator and CCI provide opportunities USDCHF to go down first, watch the support level at 0.9670 to seek buy signal confirmation.

But be careful if the support level at 0.9670 is succesfully broken because it has potential to change the bias into bearish and hits USDCHF lower with target at 0.9609.

Analisa