EURUSD
The EURUSD had a significant bearish momentum yesterday broke below 1.1823 key support as you can see on my daily chart below. The bias is bearish in nearest term. Overall I remain bullish but price is now in a bearish correction phase testing 1.1700 – 1.1600 support area. Immediate resistance is seen around 1.1860. A clear break above that area could lead price to neutral zone in nearest term testing 1.1935 resistance area which need to be clearly broken to the upside to potentially end the current bearish correction phase.
GBPUSD
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.3400 – 1.3330 support area which is a good place to buy with a tight stop loss as a clear break below 1.3330 would take price to a bearish correction zone. Immediate resistance is seen around 1.3515. A clear break above that area could trigger further bullish pressure testing 1.3570 area or higher. Overall I remain bullish.
USDJPY
The USDJPY had a bullish momentum yesterday topped at 112.47 and hit 112.54 earlier today in Asian session. The bias is bullish in nearest term testing 113.00/50 region. Immediate support is seen around 111.65. 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 as a part of the bullish phase after bounced-off 107.50 as you can see on my H4 chart below. Overall I remain neutral.
USDCHF
The USDCHF attempted to push higher yesterday topped at 0.9726 but closed a little bit lower at 0.9686. The bias is neutral in nearest term. Immediate resistance is seen around 0.9765 – 0.9807 area which remains a key resistance and good place to sell with a tight stop loss. Immediate support is seen around 0.9650. A clear break and daily close below that area could trigger further bearish pressure testing 0.9570 – 0.9525 area. Overall I remain neutral.
