Stochastic oscillator and CCI are in the over bought area, provide opportunities for EURUSD to fall; as an alternative, watch the support level at 1.1206 to seek buy signal confirmation with target at 1.1278.

EURUSD

EURUSD is Bullish and is now trying to test resistance level at 1.1278. If it is broken then it has a chance to lift EURUSD up to 1.1312 - 1.1334. But Stochastic oscillator and CCI are in the over bought area, provide opportunities for EURUSD to fall; as an alternative, watch the support level at 1.1206 to seek buy signal confirmation with target at 1.1278.

But be careful if the support level at 1.1206 breaks, because it is expected to hit EURUSD lower with target at 1.1133.


EURUSD
 

GBPUSD

GBPUSD is in Bullish bias, as it is supported by the stochastic oscillator and the CCI which are in the oversold area. If the resistance level at 1.5709 breaks, it is expected to raise GBPUSD further to 1.5786. As an alternative, watch the support at 1.5615 - 1.5650 to seek buy signal confirmation with the potential for GBPUSD pullback to 1.5709.

But be careful if the support level at 1.5615 is successfully broken, because it is expected to hit GBPUSD lower with target to test the next support at 1.5556.


GBPUSD
 

AUDUSD

The AUDUSD is in Bullish bias, as seen from the Stochastic Oscillator and CCI which are in the oversold area. Watch if the resistance level at 0.8010 breaks, because it is expected to raise AUDUSD futher to 0.8040 - 0.8060. As an alternative, watch the support level at 0.7926 - 0.7958 to seek buy signal confirmationwith the potential for AUDUSD pullback to 0.8010.

But be careful if the support level at 0.7926 breaks, because it is expected to hit AUDUSD lower with target to test the next support at 0.7875.


AUDUSD
 

USDJPY

USDJPY moved sideways and is within a narrow range while in general stays under bearish pressure, Watch if support level at 119.58 breaks, because it is expected to hit USDJPY lower with target at 119.24 - 119.32. As an alternative, watch the resistance at level 120.00 to seek sell signal confirmation with potential USDJPY will rebound with target at 119.58 - 119.74.

But be careful, if the resistance level at 120.00 breaks, because it has potential to lift USDJPY further with target to test the next resistance at 120.27.


USDJPY
 

USDCHF

USDCHF is in bearish bias and is currently stuck at the level of 0.9300, or 61.8% of Fibonacci that resistance became today. Watch if price failed to breaks the resistance level at 0.9300, because USDCHF is expected to rebound with target to test the next support at 0.9209. But beware, if the resistance at level 0.9300 successfully breaks, because it has potential to lift USDCHF further up to 0.9357.

For alternative scenario, watch if the support level at 0.9209 breaks as this will hits USDCHF further with target at 0.9135 - 0.9153.


USDCHF