Dailyfx signals



EUR/USD
currency pair is contained by 1.3205 from above and by 1.2995 forms below. Given that long-term outlook remains negative, the focus is on the supports located at 1.2974/54 and 1.2945.
Today’s support: - 1.3061, 1.3047, 1.2984 and 1.2963(main), where correction is possible. Break would give 1.2932, where correction also may be. Then follows 1.2907. Break of the latter would result in 1.2882. If a strong impulse, we would see 1.2859. Continuation will give 1.2822 and 1.2786 .
Today’s resistance: - 1.3163, 1.3186 and 1.3237(main). Break would give 1.3264, where a correction is possible. Then goes 1.3272. Break of the latter would result in 1.3293. If a strong impulse, we’d see 1.3326. Continuation will give 1.3362
GBP/USD
Even though the Cable bounced off 1.5848/40 and is now headed towards 1.6062/67, chances to hold. Additional support will be at 1.5805 and 1.5780.

USD/JPY
Bearish correction is likely to be over at 80.29 and USD/JPY should now commence recovery. The initial resistance lies at 81.78, while 82.03, 83.31 and 84.19 will also attempt to hamper bullish advancement.
Today’s support: - 80.72, 80.38 and 80.10(main). Break would bring 79.84, where correction is possible. Then 79.63, where a correction may also happen. Break of the latter will give 79.42. If a strong impulse, we would see 79.21. Continuation would give 78.98
Today’s resistance: - 81.72 and 81.90(main), where a correction may happen. Break would bring 82.36, where also a correction may be. Then 82.70. If a strong impulse, we would see 83.05. Continuation will give 83.30.

USD/CHF
USD/CHF is supported at 0.9066/0.9000; the pair is bullish and should reach 0.9180 in the near future. This would imply an extension of a rally up to 0.9317 with the possibility to reach 0.9595 afterwards

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