Euro vs US Dollar We believe that possible bearishness could be seen during this trading session.
Immediate resistance is at (1.35508). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.
Try to sell on rallies with a stop loss above (1.35508).
R1: 1.35399 | R2: 1.35969 | R3: 1.36531 | R4: 1.37078 | R5:1.37640
S1: 1.34468 | S2:1.33751 | S3: 1.33204 | S4: 1.32642 | S5: 1.32242
Great Britian Pound vs US Dollar We believe that possible bearishness could be seen during this trading session.
Immediate resistance is at (1.57735). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.
Short positions are favored for today.
R1: 1.56913 | R2: 1.57535 | R3: 1.58061 | R4: 1.58676 | R5:1.59315
S1: 1.55688 | S2:1.54982 | S3: 1.53841 | S4: 1.53135 | S5: 1.52635
US Dollar vs Japanise Yen We see high chances of the pair move in a range between (77.092 – 76.661). A proper move above (77.092) confirms a probable rally towards (78.120). However, if USDJPY manage to close below (76.661) will support a call for bid tone.
We should wait for a clearer outlook on USDJPY.
R1: 77.220 | R2: 77.520 | R3: 77.820 | R4: 78.120 | R5:78.420
S1: 76.572 | S2:76.272 | S3: 75.972 | S4: 75.672 | S5: 75.372
Source: FX Central Clearing Ltd. (FXCC)
http://www.fxcc.com/tech-analysis