GBP /USD currently is under pressure. The weakening of sterling may continue if the support at 1.50891 breaks, with target at 1.50168-1.49360.

USD/CHF

Pull-back has ocurred into the resistance area at 0.93885 – 0.94234. Watch that area in order to look for sell signal confirmation with target at 0.92756.

Be careful if the resistance at 0.94234 breaks, because it will turn intraday bias into bullish and potentially will raise price up to 0.95014.


USDCHF 

USD/JPY

USD/JPY is in bullish condition. Bullish pressure is expected to be heavier if the resistance at 120.28 breaks, with target at 120.76.

As alternative scenario, watch the support area at 119.85. If pull-back occurs to that area, you can look for buy signal confirmation with target at 120.28.

Be careful if the support at 119.85 breaks, because it will turn intraday bias into bearish and potentially will bring price down to 119.38.


USDJPY
 

EUR/USD

EUR/USD currently is under pressure. The price currently is testing the support area at 1.10870. If the support breaks, euro may continue to weaken to 1.10485-1.09900.

As alternative scenario, watch the resistance area at 1.1162-1.12119. If pull-back occurs to that area, look for sell signal confirmation with target at 1.11300-1.10870. Be careful if the resistance at 1.12119 breaks, because it will turn intraday bias into bullish and potentially will raise euro up to 1.12414-1.12891.


EURUSD
 

AUD/USD

AUD/USD currently is pushing higher. Aussie's rebound may continue if the resistance at 0.79188 breaks, with target at 0.77945-0.79765.

As alternative scenario, watch also the support area at 0.78682-0.78369. If correction occurs to that area, you might want to look for buy signal confirmation with target at 0.78875-0.79188.

Be careful if the support at 0.78682 breaks, because it will turn intraday bias into bearish and potentially will push Aussie down to 0.78181-0.77865.


AUDUSD
 

GBP/USD

GBP /USD currently is under pressure. The weakening of sterling may continue if the support at 1.50891 breaks, with target at 1.50168-1.49360.

As alternative scenario, watch also the resistance area at 1.51626-1.52784. If pull-back occurs to that area, you might want to look for sell signal confirmation with target at 1.50891-1.50168.

Be careful if the resistance at 1.52784 breaks, because it will turn intraday bias into bullish and potentially will raise sterling up to 1.53231-1.53954.


GBPUSD