EURUSD
The EURUSD attempted to push higher yesterday topped at 1.1961 but closed lower at 1.1898. The bias is neutral in nearest term but as long as stay inside the bullish channel (see my H1 chart below )and above 1.1800, price is still in a bullish phase targeting 1.2000 – 1.2090 region. Immediate support is seen around 1.1850. A clear break below that area could trigger further bearish pressure testing 1.1800 and the lower line of the bullish channel. Overall I am neutral on this pair.
GBPUSD
The GBPUSD attempted to push higher yesterday topped at 1.3382 but whipsawed to the downside and closed lower back below 1.3330 key resistance, printed a bearish pin bar as you can see on my daily chart below. The bias is bearish in nearest term testing 1.3230 support area. Immediate resistance is seen around 1.3360. A clear break above that area could lead price to neutral zone in nearest term testing 1.3400 or higher. Overall, as long as stay above 1.3000 I remain bullish.
USDJPY
The USDJPY had a bearish momentum yesterday bottomed at 110.84. The bias remains bearish in nearest term testing 110.65 area as a part of the bearish pin bar scenario as you can see on my daily chart below. Immediate resistance is seen around 111.30. A clear break above that area could lead price to neutral zone in nearest term testing 111.65 – 112.00 region. On the downside, a clear break and daily close below 110.65 would expose 110.00 – 109.50 region. Overall I remain neutral.
USDCHF
The USDCHF had a moderate bullish momentum yesterday topped at 0.9819. The bias is neutral in nearest term probably with a little bullish bias testing 0.9835. A clear break above that area could trigger further bullish pressure testing 0.9875 area which is a good place to sell with a tight stop loss. Immediate support is seen around 0.9778. A clear break and daily close below that area would expose 0.9700 region. Overall I remain neutral.
