EURUSD in a sideways condition although the stochastic oscillator and CCI provide opportunities for EURUSD to fall. Therefore watch the resistance level at 1.1179 where SELL opportunities could be taken.

USD/CHF

USD/CHF is moving in bullish bias. Today’s preference is bullish. Beware of possible pull-back move within the support area at 0.93053 – 0.93286. Watch the support area in order to look for buy signal confirmation with target at 0.94042.

Be careful if the support at 0.93053 breaks, because it will turn intraday bias into bearish and potentially will push USD/CHF to 0.92531.

USDCHF 


USD/JPY

USD/JPY currently is in bullish bias. Note that hourly stochastic and CCI are showing oversold signals. As alternative strategy, watch the support area at 120.64. If correction occurs to that area, look for bullish signal confirmation with target at 121.08 – 121.47..

Be careful if the support at 120.64 breaks, because it will turn intraday bias into bearish and potentially will push price down to 120.21.

USDJPY 

 

EURUSD

EURUSD in a sideways condition although the stochastic oscillator and CCI provide opportunities for EURUSD to fall. Therefore watch the resistance level at 1.1179 where SELL opportunities could be taken if that resistance is not broken because EURUSD has potential to rebound at 1.1062 - 1.1097.

But be careful if the resistance level at 1.1179 broken as it has the potential to change the bias into bullish and lifts EURUSD up to 1.1252 - 1.1275.


EURUSD

AUD/USD

AUD/USD currently remains under pressure. A pull-back move has occured into the resistance area at 0.79171-0.79524, and starts falling. Potential bearish target is at 0.78953-0.78600.

Be careful if the resistance at 0.79524 breaks, because it will turn intraday bias into bullish and potentially will raise aussie up to 0.79742-0.80095.

 audusd

 

GBP/USD

GBP/USD currently is in bullish bias. Sterling may strengthen further if the resistance at 1.56990 breaks, with target at 1.57588-1.58258.

As alternative scenario, watch also the support area at 1.55723 in order to look for buy signal confirmation with potential rebound at 1.56392-1.56990.

Be careful if the support at 1.55723 breaks because it will turn the intraday bias to bearish and potentially will push sterling down to 1.55053-1.54455.

 gbpusd