USD/JPY is in bullish condition. Bullish pressure is expected to be heavier if the resistance at 120.15 breaks, with target at 120.49.

USD/CHF

USD/CHF is on rebound phase into the resistance area. Watch that area in order to look for sell signal confirmation with target at 0.91514 – 0.90709.

Be careful if the resistance at 0.92414 breaks, because it will turn intraday bias into bullish and potentially will raise price up to 0.93314.


USDCHF 

 

USD/JPY

USD/JPY is in bullish condition. Bullish pressure is expected to be heavier if the resistance at 120.15 breaks, with target at 120.49.

As alternative scenario, watch the resistance area at 119.94 – 120.15. If pull-back occurs to that area, you can look for sell signal confirmation with target at 119.60 – 119.38.


USDJPY 

EUR/USD

EUR/USD is under pressure; testing the support at 1.11808 when this analysis was written. The euro weakening may continue if the support breaks, with target at 0.78288-0.77914.

As alternative scenario, watch also the resistance area at 1.12610-1.13105. If pull-back occurs to that area, you might want to look for sell signal confirmation with potential target at 1.12312-1.11808.
Be careful if the resistance at 1.13105 breaks, because it will turn intraday bias into bullish and potentially will raise euro up to 1.13412-1.13907.


EURUSD

 

AUD/USD

AUD/USD remains under pressure. Pull-back has occurred to the resistance area at 0.79163-0.79496. You might want to look for sell signal confirmation within that area, with potential target at 0.78692-0.78622.

Be careful if the resistance at 0.79496 breaks, because it will turn intraday bias into bullish and potentially will raise aussie up to 0.79703-0.80037.


AUDUSD
 

GBP/USD

GBP/USD currently is in bullish bias; testing the resistance at 1.55216 when this analysis was written. Sterling appreciation may continue if the resistance breaks, with target at 1.56063-1.57011.

As alternative scenario, watch also the support area at 1.53844-1.52997. If correction occurs to that area, you might want to look for buy signal confirmation with potential rebound up to 1.54354-1.55216.

Be careful if the support at 1.52997 breaks, because it will turn intraday bias into bullish and potentially will push sterling down to 1.52472-1.51625.


GBPUSD