EURUSD
The EURUSD had a bullish momentum yesterday broke above 1.0950, topped at 1.0989. The bias remains bullish in nearest term testing 1.1020. A clear break and daily close above that area would expose 1.1120 region. Immediate support is seen around 1.0950. A clear break below that area could lead price to neutral zone in nearest term testing 1.0900 but key support remains at 1.0850. A clear break below 1.0850 could trigger further bearish pressure testing the pre-gap level at 1.0730 and the trend line support as you can see on my H4 chart below, which is a good place to buy. Overall I remain neutral.
GBPUSD
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. The triple top bearish scenario remains valid, but price is now moving inside a minor bullish channel as you can see on my H1 chart below after unable to break below 1.2830 support area. Immediate support is seen around 1.2885. A clear break below that area could trigger further bearish pressure testing 1.2830 but key support remains at 1.2780 which remains a good place to buy. Overall I remain bullish but need a clear break above 1.2985 to continue the bullish scenario.
USDJPY
The USDJPY regained its bullish momentum yesterday topped at 113.85. The bias is bullish in nearest term testing 114.35. A clear break and daily close above that area would expose 115.00 region. Immediate support is seen around 113.40. A clear break below that area could lead price to neutral zone in nearest term testing 113.00 region which remains a good place to buy with a tight stop loss.
USDCHF
The USDCHF had a bearish momentum yesterday bottomed at 0.9957 and hit 0.9952 earlier today in Asian session. The bias is bearish in nearest term as a part of the false breakout bearish scenario as you can see on my H4 chart below, targeting 0.9813 region. Immediate resistance is seen around 0.9985. A clear break above that area could lead price to neutral zone in nearest term testing 1.0020 region. Overall I remain neutral.
