EUR/USD

The pair has been ranging between the 50 and 61.8% fibo retracements as further direction is sought. Currently the pair has found support at 1.1125 and the bulls will be looking to leverage this level to target 1.1150, 1.1175 and 1.1200. However, should bears manage to capture 1.1125, they will target 1.1100, 1.1075 and 1.1050 as they look to trigger a continuation of the medium term bear trend.


EUR/USD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.1046 1.1072 1.1109 1.1135 1.1172 1.1198 1.1235
WEEKLY 1.0812 1.1089 1.1013 1.1091 1.1214 1.1292 1.1415
MONTHLY 1.0339 1.0624 1.0864 1.1149 1.1389 1.1674 1.1914
 

GBPUSD

The pair broke below the H1 uptrend, dropping more than 200 pips before finding support at 1.3200 and being driven back up to 1.3350. Currently the momentum is bearish and should bears capture 1.3250, we will see them target 1.3200, 1.3100 and 1.3050 as they continue to make new multi decade lows. However, should bull recapture 1.3350, we would see them try beat yesterday’s highs of 1.3500 with interim targets at 1.3400 and 1.3450.


GBPUSD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 1.2905 1.3056 1.3194 1.3345 1.3483 1.3634 1.3772
WEEKLY 1.1134 1.2179 1.2930 1.3975 1.4726 1.5571 1.6522
MONTHLY 1.3842 1.4086 1.4282 1.4526 1.4722 1.4966 1.5162
 

USDJPY

The pair slid for most of yesterday`s session, finding support today at the 102.00 key support zone. Should bears take control of this area, we will see them target 101.75, 101.50 and 101.25. However, if bulls can manage to keep their heads above water at this level, we will see a retest 103.00 with interim targets ta 102.25 and 102.50.


USDJPY
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 101.99 102.21 102.37 102.59 102.75 102.97 103.13
WEEKLY 99.43 100.40 101.47 102.44 103.51 104.48 105.55
MONTHLY 86.20 92.64 97.97 104.41 109.74 116.18 121.51
 

AUDUSD

The pair has found key resistance at 0.7550 and is looking heavy as we see bears enter the game. Bulls will look to maintain their grip on 0.7500 with targets at 0.7525, 0.7550 and 0.7575 which if triggered would imply that the recent retracement still has room to go. However, if bears keep a grip of 0.7500, they will target 0.7475, 0.7450 and 0.7425 as thy look to reignite the bearish medium term trend.


AUDUSD
TIME FRAME S3 S2 S1 PIVOT POINT R1 R2 R3
DAILY 0.7394 0.7428 0.7477 0.7511 0.7560 0.7594 0.7643
WEEKLY 0.7179 0.747 0.7372 0.7440 0.7565 0.7633 0.7758
MONTHLY 0.6767 0.6983 0.7217 0.7433 0.7667 0.7883 0.8117