EURUSD
The EURUSD failed to continue its bearish momentum yesterday topped at 1.1953. The bias is neutral in nearest term. Overall I remain bullish but price is still trapped between 1.2090 – 1.1823 range area as you can see on my H4 chart below. Immediate resistance is seen around 1.2000. A clear break above that area could trigger further bullish pressure testing 1.2050 region. Immediate support is seen around 1.1900 but key support remains at 1.1823 which remains a good place to buy with a tight stop loss as a clear break below that area would take price to a bearish correction zone.
GBPUSD
The GBPUSD had a bullish momentum yesterday topped at 1.3586. The bias is bullish in nearest term testing 1.3615/50 key resistance area which need to be clearly broken to the upside to nullify the bearish pin bar scenario and continue the major bullish scenario targeting 1.3700 – 1.3750 region. Immediate support is seen around 1.3520. A clear break below that area could lead price to neutral zone in nearest term testing 1.3470 region or lower. Overall I remain bullish.
USDJPY
The USDJPY continued its bullish momentum yesterday topped at 112.71. The bias remains bullish in nearest term testing 113.10/50 resistance area. Immediate support remains around 112.15 – 111.85 region. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 111.00 my H1 chart bias remains bullish. My H4 and daily chart bias remains neutral.
USDCHF
The USDCHF attempted to push higher yesterday topped at 0.9747 but closed lower at 0.9704. The bias is neutral in nearest term probably with a little bearish bias as price printed a bearish pin bar formation as you can see on my daily chart below testing 0.9650 support area. Immediate resistance is seen around 0.9747. A clear break above that area could trigger further bullish pressure testing 0.9765 – 0.9807 key resistance which remains a good place to sell with a tight stop loss.
