Today's preference for EUR/USD is bullish. If the resistance at 1.0989 is broken, then it will open the chance for a bullish move up to 1.1020-1.1055.

GBP/USD

Currently, GBP/USD is testing the 1.5378 resistance. Today’s preference for GBP/USD is bullish. If the resistance at 1.5378 is broken, then it will open the chance for a bullish move up to 1.5426 – 1.5480.

Stochastic and CCI are showing overbought signal on hourly chart. Be careful if GBP/USD stucks firmly below resistance at 1.5378, because it is likely GBP/USD will move downward toward support at 1.5300 – 1.5251.


GBPUSD
 

EUR/USD

Currently, EUR/USD is testing the 1.0989 resistance. Today’s preference for EUR/USD is bullish. If the resistance at 1.0989 is broken, then it will open the chance for a bullish move up to 1.1020 – 1.1055.

Stochastic and CCI are showing overbought signal on hourly chart. Be careful if EUR/USD stucks firmly below resistance at 1.0989, because it is likely EUR/USD will move downward toward support at 1.0939 – 1.0908.


EURUSD
 

USD/JPY

Generally, USD/JPY remains in bearish bias. Today’s preference is to look for signal to go short. Because of that, watch the resistance area at 119.00 – 119.16. If pull-back move occurs within that area, you may look for sell signal confirmation with target at 118.90 – 118.74.

However, be careful if the resistance at 119.16 breaks, because it will turn intraday bias into bulish and possibly will push USD/JPY up to 119.26 – 119.42.


USDJPY
 

USD/CHF

USD/CHF movement on hourly chart seems stuck on resistance area at 0.9577. Hourly stochastic and CCI are showing bearish indication. Today’s preference remains bearish, with target at 0.9491.

Be careful if the resistance at 0.9577 breaks, because it will turn intraday bias into bullish and potentially will push USD/CHF to 0.9630 – 0.9717.

USDCHF
 

AUD/USD

AUD/USD movement on hourly chart seems stuck on resistance area at 0.8026. Hourly stochastic is showing bullish indication. Today’s preference remains bullish, with target at 0.8071 – 0.8100; however, it is better to wait for a break above 0.8026 before taking long position.

Be careful if the support at 0.7980 breaks, because it will turn intraday bias into bearish and potentially will push AUD/USD to 0.7929 – 0.7906.

AUDUSD