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Analytics 03.09

EUR / USD

EUR / USD pair controlled by bears
The EUR / USD pair is trading lower, dropping to its lowest level since mid-May 2017, $ 1.0930. EUR / USD fell below the moving average MA (200) H1 ($ 1.1060), and on the four-hour chart it is below the MA (200) H4 ($ 1.1130), remaining under the control of the bears. In this situation, it is worth continuing to adhere to the southern direction in trade and look for entry points for sale.
It is worth noting that the 14-day relative strength index (RSI (14) on D1) is below level 30, which signals a possible change in the direction of price movement.
Resistances are at the level of: $ 1.0995, $ 1.1060, $ 1.1115
Support levels are located at: $ 1.0915, $ 1.0875, $ 1.0840
The main scenario for the pair's promotion is support breaks of $ 1.0915 (minimum May 8, 2017) and a decrease to $ 1.0840 (minimum May 11, 2017)


USD / JPY

 

USD / JPY globally controlled by bears
The pair USD / JPY yesterday traded in the range (Y105.90-106.40) and closed the day, near Y106.20. Today the pair has grown rapidly to Y106.35, however, at the time of writing, it has declined slightly and is trading at around Y106.30. USD / JPY rose slightly above the MA (200) H1 moving average line, but, on the four-hour chart, it is still below the MA (200) H4 line, globally remaining under the control of bears. In this situation, it is worthwhile to continue to adhere to the southern direction in trade, and look for entry points for sale on the formation of correction.
Resistances are at the levels: Y106.75, Y107.10, Y107.55
Support levels are located at: Y105.80-106.10, Y105.05, Y104.45
The main scenario for the pair to move is a breakthrough and consolidation below the area of ​​Y105.80-106.10 (minimum of August 29 and MA (200) H1) and then decrease to Y105.05 (minimum of August 12-13)