The EURUSD drops close to the 1.1700 level as the Dollar continues rallying. The 1.1700 level may act as support and for now the bullish trend is still in place in the EURUSD.

EURUSD

The GBPJPY drops below its 55 day EMA and it may visit the 144.00 level, which could act as support. The most relevant support is at the 143.00 level where we can find the 200 day EMA.

GBPJPY

The AUDUSD is still oscillating around the 200 week EMA on the 0.7986 level without taking a clear direction, but the bullish trend is still in place. A breakout above the high at the 0.8066 level is needed in order for the trend to continue. The ...

AUD/USD

The EURUSD continues the breakout above the 200 week EMA around the 1.1600 level and it may get to the next resistance zone at the 1.1709 zone.

EURUSD

The USDJPY reaches the 200 day EMA around the 111.48 level and consolidates around that zone. A breakdown of that level could take the pair to the 111.00 zone, for now the 112.00 may continue acting as resistance.

USD/JPY Discussion

The EURJPY tried to pullback a little bit today, but it goes back up, the pair may try to reach the 129.00 level, to the downside, the 125.81 level may act as support since in the past it acted as a good resistance.

EUR/JPY

The EURUSD has taken off, but lets see if it manages to break the 1.1500 level to the upside, since that zone has been a very good resistance in the past.

EURUSD

It seems like the pullback on the USDCAD on the daily chart has found a good resistance at the 1.3300 zone. The pair is trying to go back down to its bearish trend and it may try to visit the 1.3162 low or the 1.3100 round number level.

USD/CAD

WTI oil drops again very fast from the 46.00 level, seems like the rise in the US dollar and the crude inventories have pressure the commodity lower. Its next support area could be at the 44.00 zone.

Oil and Natural Gas

The USDJPY keeps oscillating around the 109.60 level and has lost its bearish momentum. However, the bearish trend is still in place on the daily chart and the pair may continue falling to the 108.14 low.

USD/JPY Discussion

The NZDUSD did continue to the upside regardless of being in overbought condition and reaches the 0.7200 level. The 0.7200 level may act as resistance for the pair, but a breakout of that zone may take the Kiwi to the 0.7300 zone.

NZD/USD

Big drop on the USDJPY to the 111.21 zone. The pair may continue dropping towards the 111.00 level depending if the political risks keep hurting the Dollar.

USD/JPY Discussion

The GBPUSD has been very volatile, but it has not taken a clear direction. On the daily chart it is still oscillating around the 1.2900 zone.

Cable Update (GBPUSD)

Good drop on the NZDUSD, it accelerates its bearish momentum below the 0.6900 level and it may try to go and visit the 0.6800 zone if the commodities sector keeps getting hurt by the weak fundamentals out of China.

NZD/USD

The USDJPY breaks above the 113.00 level and it is currently trying to visit a 76.4% retracement level at the 113.76 zone, shown better on the daily chart of the drop from the 115.50 level to the 108.00 zone.

USD/JPY Discussion

Good rally on the GBPUSD, the pair has kept its bullish trend since it started rising from the 1.2400 level and it is due for a longer correction, probably from the 1.3000 zone.

Cable Update (GBPUSD)

The EURUSD has come to the 1.1000 level from where it may correct to the downside, but the bullish momentum is still in place and the pair may try to break above that zone.

EURUSD

The EURUSD is consolidating around the 1.0900 zone and it has formed what it appears to be a symmetrical triangle on the daily chart from where the price may head in any direction. If the pair breaks to the upside, then the 1.1000 level may act as ...

EURUSD

Seems like the EURUSD has changed direction to the downside, according to the MACD indicator on the daily chart. The pair may try to visit the 1.0600 level. image

EURUSD