EURUSD
The EURUSD continued its bearish momentum yesterday bottomed at 1.1771 and hit 1.1761 earlier today in Asian session. The bias remains bearish in nearest term testing 1.1690 support area as a part of the bearish phase since broke below the bullish channel as you can see on my H1 chart below. Immediate resistance is seen around 1.1815 followed by 1.1850. On the downside, a clear break and daily/weekly close below 1.1690 would expose 1.1550 region next week. Fundamental focus today will be on the US NFP number. Overall I remain neutral.
GBPUSD
The GBPUSD attempted to push lower yesterday slipped below 1.3330 support area but whipsawed to the upside and closed higher at 1.3472. The bias is bullish in nearest term testing 1.3550 – 1.3615 region. Immediate support is seen around 1.3425. A clear break below that area could lead price to neutral zone in nearest term testing 1.3350/30 region. Overall I remain bullish and any downside pullback should be seen as a good opportunity to buy. Fundamental focus today will be on the US NFP number.
USDJPY
The USDJPY had a bullish momentum yesterday topped at 113.15 and broke above 113.20 resistance earlier today in Asian session, hit 113.38. The bias is bullish in nearest term testing 114.00/50 resistance area. Immediate support is seen around 113.00 – 112.85 area. A clear break back below that area could lead price to neutral zone in nearest term testing 112.35 area. Fundamental focus today will be on the US NFP number. Overall I remain neutral.
USDCHF
The USDCHF continued its bullish momentum yesterday broke above 0.9940 resistance and hit 0.9955 earlier today in Asian session. The bias is bullish in nearest term testing 1.0000 – 1.0037 resistance area. Immediate support is seen around 0.9910. A clear break back below that area could lead price to neutral zone in nearest term as direction would become unclear. Fundamental focus today will be on the US NFP number. Overall I remain neutral.
