Euro is rather under pressure after a breach below 1.09358. Today's movement possibly will be bearish, heading to 1.08991-1.08662.

USD/JPY

USD/JPY movement on hourly chart seems stuck on support area at 123.94. Technically, stochastic is in bullish condition. Today’s preference is bullish. Watch 123.94 area in order to look for buy signal confirmation with target on 124.21 – 124.45.

Be careful if support at 123.94 breaks, because it will turn the intraday bias into bearish and open the chance for a bearish move down to 123.67 – 123.43. In that case, the bullish scenario mentioned above may fail as intraday strategy.


USDJPY
 

USD/CHF

USD / CHF is trying to approach the 0.9477 resistance area. Today’s preference for USD/CHF is bullish. If the resistance at 0.9477 is broken, then it will open the chance for a bullish move up to 0.9508 – 0.9543.

Stochastic and CCI are showing overbought signal on hourly chart. Be careful if USD/CHF stucks firmly below resistance at 0.9477, because it is likely USD/CHF will move downward toward support at 0.9427 – 0.9412.


USDCHF

 

EUR/USD

Euro is rather under pressure after a breach below 1.09358. The price currently is moving below 20 MA and 50 MA on hourly chart. Today's movement possibly will be bearish, heading to 1.08991-1.08662.

Be careful if the price re-accelerates to above 1.09358 because it will turn the intraday bias into bullish and potentially will raise euro up to 1.09725-1.10054.


EURUSD
 

AUD/USD

AUD/USD currrently is in consolidation mode. However, watch the resistance area at 0.76713-0.77052 in order to look for sell signal confirmation with target at 076504-0.76166.

Be careful if the price re-accelerates to above 0.77052 because it will turn intraday bias into bullish and potentially will raise Aussie up to 0.77261-0.77599.


AUDUSD
 

GBP/USD

Sterling is rather under pressure. The price currently is moving below 20 MA and 50 MA on hourly chart. Today's movement possibly is bearish, heading to 1.52604-1.52355.

Be careful if the price re-accelerates to above 1.53008 because it will turn the intraday bias to bullish and potentially will sterling euro up to 1.53162-1.53411.


GBPUSD