By: Investija
EURUSD Technical analysis
EURUSD candles have been locked between support and resistance levels for a long time now. By each rebound by support level, this barrier gets stronger and more significant for bears side. Today we can expect short term upswings towards resistance level. Just below support level, bears can feel more confident.
| Trend | Support | Resistance | |
| Long Term | Positive | 1.4826 | 1.5040 |
GBPUSD Technical analysis
Bulls did recover by support level, possible test of resistance barrier today. While resistance holds – look for selling possibilities, but these actions should be done with a care.
| Trend | Support | Resistance | |
| Long Term | Negative | 1.6472 | 1.6668 |
USDJPY Technical analysis
Consolidation by support level is formed, possible breakout is still valid to the downside. While resistance level holds to its current level, bulls recovery is limited. For now selling actions are on a table.
| Trend | Support | Resistance | |
| Long Term | Negative | 88.68 | 89.46 |
USDCHF Technical analysis
The significant downside penetration by support level can influence bears to reach new lows today. Situation is still neutral, bears and bulls can't form a direction yet. For now, bears stand in better position, but selling should be done with a care.
| Trend | Support | Resistance | |
| Long Term | Neutral | 1.0078 | 1.0201 |
