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Analytics 04.05

EUR / USD

 
Yesterday the EUR / USD currency pair tried to break through the psychological level of 1.2000, but it could carry it and is now trading below it.
The pair recovered from 1.1950 and broke higher moving averages for 20 and 50 periods.
The RSI index is above the neutral level of 50.
While the pair remains above 1.1950, it is likely that the growth will continue to 1.2005 and 1.2035.
A break below 1.1950 will target the pair at 1.1915 and 1.1880.
The main support and resistance lines for today's pair: resistance: 1.2000; 1.2035; 1.2075
support: 1.1950; 1.1915; 1.1880

 

 

GBP / USD

 
The pair GBP / USD pair is clearly trading in a downtrend and for today is limited by a downward trend line since May 2 and is likely to test the support of 1.3535 for strength.
The RSI index is below the neutral level of 50. The pair is also limited by downward moving averages for 20 and 50 periods.
Until the level of 1.3620 is broken up, the risk of falling below 1.3535 is high.
A break above 1.3620 will target the pair at 1.3660 and 1.3700.
Do not forget to put S \ L.
And do not forget that for the GBP / USD currency pair the global trend is upward.
The main support and resistance lines for today's pair: resistance: 1.3620; 1.3660; 1.3700.
support: 1.3570; 1.3535.

 

USD / JPY

 
Although the pair recovered from the May 3 low, it is still limited to downward moving averages over 20 and 50 periods.
The relative strength index (RSI) gives negative signals.
Until the level of 109.55 is broken up, there is probably a new drop to 108.90 and 108.75.
A break above 109.55 will target the pair at 109.75 and 110.00.
Do not forget that globally for today, the trend for the pair is still descending. So be careful with shopping. Do not forget to minimize your risks (S / L).
The main support and resistance lines for the pair today:
Resistance: 109.55; 109.75; 110.00
support: 109.15; 108.90; 108.75.