Dailyfx signals

EUR/USD

After 1.2509 is breached, the dip may extend down to next target 1.2377

Today’s support: - 1.2498(main), where correction is possible. Break would give 1.2479, where correction also may be. Then follows 1.2451. Break of the latter would result in 1.2426. If a strong impulse, we would see 1.2405. Continuation will give 1.2380.

Today’s resistance: - 1.2612 and 1.2630(main). Break would give 1.2666, where a correction is possible. Then goes 1.2693. Break of the latter would result in 1.2713. If a strong impulse, we’d see 1.2736. Continuation will give 1.2757


GBP/USD
the currency pair has to overcome 1.5616, 1.5553, 1.5497 and 1.5427. Therefore the slide down should not be straightforward and in a very first attempt.

USD/JPY

tough support situated at 77.04/76.94, where, in turn, a strong bullish momentum should be reignited.

Today’s support: - 79.43, 79.18 and 78.98(main). Break would bring 78.69, where correction is possible. Then 78.45 where a correction may also happen. Break of the latter will give 78.30. If a strong impulse, we would see 78.17. Continuation would give 77.98.
Today’s resistance: - 79.98, 80.10 and 80.58(main), where a correction may happen. Break would bring 80.79, where also a correction may be. Then 81.00 If a strong impulse, we would see 81.33. Continuation will give 81.51.

USD/CHF

should soon start another bearish correction 0.9596 or 0.9692, before adding to gains.