In general, GBP/USD remains under pressure. However, note that hourly stochastic and CCI are overbought. Be careful if the resistance at 1.49773 breaks.

GBP/USD

In general, GBP/USD remains under pressure. Today, sterling may strengthen further to the resistance area at 1.49773. However, note that hourly stochastic and CCI are overbought.

Therefore, as alternative, watch the resistance area at 1.49773. If pull-back occurs to within the area, look for sell signal confimation with target at 1.49021 – 1.48557. Yet, be careful if the resistance at 1.49773 breaks because it will turn the intraday bias to bullish and potentially will raise sterling up to 1.50525.

ANALISA 


EUR/USD

EUR/USD remains under pressure. Today, euro may strengthen further if the resistance at 1.07755 breaks. However, note that hourly stochastic and CCI area overbought.

Therefore, as alternative, watch the resistance area at 1.07755. If pull-back occurs to that area, look for sell signal confimation with target at 1.07033. Yet, be careful if the resistance breaks because it will turn the intraday bias to bullish and potentially will raise euro up to 1.08478.

ANALISA
 

AUD/USD

AUD/USD remains under pressure. Today, aussie may strengthen further if the resistance at 0.77803 breaks, with target at 0.78413. However, note that hourly stochastic and CCI area overbought.

Therefore, as alternative, watch the resistance area at 0.77803. If pull-back occurs to that area, look for sell signal confimation with target at 0.77194.

ANALISA
 

USDJPY

USDJPY is in correction phase and stucks at the level of 119.95 or 61.8% of Fibonacci. If that resistance is not broken, then there is potential for  USDJPY to rebound with target to test support level at 119.00.

But beware if the resistance level at 119.95 is successfully broken as USDJPY has potential to rise futher with target to test the next resistance level at 120.84.

Analisa
 

USDCHF

USDCHF is in a bearish pressure despite from the stochastic oscillator and CCI provide opportunities for USDCHF to be corrected. If support level at 0.9493 is successfully broken, it has potentials to hit USDCHF lower with target at 0.9426 - 0.9442.

As an alternative, watch the resistance level at 0.9574 to seek Sell signal confirmation, but be careful if that resistance is broken because it has potential to lift USDCHF up to 0.9625.

Analisa