USDJPY is in Bullish pressure as seen from the way prices move above the moving average and currently is testing resistance level at 119.68.

GBP/USD

GBP/USD is testing support area at 1.4855. Today’s preference for GBP/USD is bearish. If the support at 1.4855 is broken, then it will open the chance for a bearish move down to 1.4824 – 1.4806.

Stochastic and CCI are showing oversold signal on hourly chart. Be careful if GBP/USD stucks firmly above support at 1.4855, because it is likely GBP/USD will move upward toward resistance at 1.4918.

GBPUSD
 

EUR/USD

EUR/USD is testing support area at 1.0658. Today’s preference for EUR/USD is bearish. If the support at 1.0658 is broken, then it will open the chance for a bearish move down to 1.0613 – 1.0586.

Stochastic and CCI are showing oversold signal on hourly chart. Be careful if EUR/USD stucks firmly above support at 1.0658, because it is likely EUR/USD will move upward toward resistance at 1.0730 – 1.0775.

EURUSD
 

AUDUSD

AUDUSD is in Bearish pressure as seen from the way prices move below the moving average although stochastic oscillator and CCI provide opportunities for AUDUSD to be corrected. Watch the support level at 0.7682; if it is successfully broken, it potentially hits AUDUSD lower to 0.7610 - 0.7625.

As an alternative, watch the resistance in 0.7736 - 0.7770 area to seek Sell signal confirmation. But be careful if the resistance level at 0.7770 is successfully broken, because it has potential to change the bias into bullish and raises AUDUSD up to 0.7825.

AUDUSD
 

USDJPY

USDJPY is in Bullish pressure as seen from the way prices move above the moving average and currently is testing resistance level at 119.68. If that resistance is successfully broken, it will lift USDJPY higher with target at 119.95 - 120.28.

As an alternative, watch the support level at 119.05 to seek Buy signal confirmation, but be aware if that support is successfully broken as it potentially hits USDJPY lower to 118.52.

USDJPY
 

USDCHF

USDCHF is attempting a pullback and is currently testing the resistance level at 0.9627 or 61.8% of Fibonacci. If that resistance is successfully broken, it has potential to lift USDCHF higher with target to test next resistance level at 0.9710.

However, if the resistance level at 0.9627 is unpenetrable, then USDCHF will rebound with target at 0.9492 - 0.9543.

USDCHF