By: Investija
EURUSD Technical analysis
EURUSD after consolidation between previous support at 1.5034 and resistance 1.5135, new barriers were created. Support level at 1.4840 stands as a significant level for bears and bulls, this barrier holds bears side from further falling. At the moment a rebound back to resistance level at 1.4975 is possible.
USDCHF Technical analysis
It looks like this pair is looking forward for new highs, even though neutral area remains for this pair, but bulls can get more confidence and make sharp upside movements. Buying options are better to look for, but it should be done with a care.
GBPUSD Technical analysis
GBPUSD is in consolidation after a sharp slide downside. Bears are missing confidence in order to extend the current negative movement. However, not enough bears power can initiate a recover of price. At the moment waiting action remains.
USDJPY Technical analysis
This pair did show strong potentcial to reach new highs, bulls have enough confidence to break another barrier at 90.68 price level. For now waiting action remains, a test of resistance barrier is expected today.
