GBP/USD currently is in bullish bias. Hourly stochastic and CCI are oversold. Watch the support area at 1.47588-1.48047 in order to look for buy signal confirmation.

GBP/USD

GBP/USD currently is in bullish bias. Hourly stochastic and CCI are oversold. Watch the support area at 1.47588 – 1.48047 in order to look for buy signal confirmation with potential target at 1.48789 – 1.49644.

Be careful if the support at 1.48588 breaks, because it will turn intraday bias into bearish and potentially will raise sterling down to 1.46847.

GBPUSD
 

EUR/USD

EUR/USD on graph hourly chart looks on correction. However, note that hourly stochastic and CCI are oversold. Therefore, beware of possible rebound back to the resistance area at 1.06925 – 1.07460.

Be careful if the support at 1.06326 breaks, because it will turn intraday bias into bearish and potentially will push Euro down to 1.05728.

EURUSD
 

AUD/USD

AUD/USD is in bullish condition. Bullish pressure is expected to be heavier if the resistance at 0.77811 breaks, with target at 0.78429.

Be careful if the support at 0.77275 breaks, because it will turn intraday bias into bearish and potentially will raise Aussie down to 0.76675.

AUDUSD
 

USDJPY

USD JPY is in a bullish bias, looks formed a double bottom. USDJPY is currently trying to test the resistance level at 119.74, if the resistance successfully broken has potential to lift USDJPY higher with target at 120.21.

As an alternative, watch support at 118.78 - 119.15 to seek Buy signal confirmation with USDJPY possibly will go up to 119.74 - 119.96. But be careful if the support level at 118.78 is successfully broken, because it has potential to change bias into Bearish and will hit USDJPY lower with target at 118.30.

USDJPY
 

USDCHF

USDCHF is under bearish pressure although stochastic oscillator and CCI provide opportunities for USDCHF to pullback. Therefore, consider the resistance level at 0.9706 to seek Sell signal confirmation with USDCHF has potential to back down to 0.9604.

But be careful, if the resistance level at 0.9706 is successfully broken, because it has potential to change bias into bullish and lift USDCHF higher with target at 0.9769 - 0.9808.

USDCHF