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Analytics 02.07

EUR / USD

The pair EUR / USD this morning is trading in the range of 1.1655-80, continuing to stay near Friday's high. At the moment, the euro managed to gain a foothold above the moving average MA 200 H1, and now the bulls are trying to develop success. As it was said, the single currency left the common descending channel in the north direction, and now the pair is above the support line on June 28 under the control of bulls.
Levels of resistance: 1.1720, 1.1840-50, 1.1935
Support levels: 1.1615, 1.1550, 1.1510

GBP / USD


The pair GBP / USD this morning traded in the range of 1.3175-05, holding on to the highs of Friday. At the moment, the pound is testing the MA 200 H1 moving average line. If the bulls manage to gain a foothold on this movement, the bears will finally lose control of the situation.
Resistance levels: 1.3235, 1.3290, 1.3315.
Support levels: 1.3135, 1.3050, 1.3000

 

USD / JPY


This morning, the pair USD / JPY rose sharply to 111.05, continuing its ascent on Friday. On Thursday and Friday, the pair, pushing away from the support line of the last 4 days, grew up and was able to finish the day in positive territory. At the moment, USD / JPY has already been fixed above the MA 200 H1 moving average line and above the common descending channel resistance. While the pair is above support since June 26, the bulls have an advantage. However, it should be noted that on the hourly chart the MACD indicator developed a bearish divergence that signals a possible formation of a deep correction or a price change.
Resistance: 111.05, 111.40, 111.85
Support levels: 110.35-45, 109.95-05, 109.70