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Analytics 06.09

EUR / USD


EUR / USD pair globally controlled by bears
The pair EUR / USD yesterday traded in the range: after a slight decline to $ 1.1015, it soon rose rapidly to $ 1.1085, however, by the end of trading it again plummeted, having lost most of the gains and closed the day, about $ 1.1035. Today the pair is trading in a narrow range ($ 1.1025-35), slightly below the closing level of yesterday's session. EUR / USD is testing the MA (200) H1 moving average line, but is still below the MA (200) H4 line, globally remaining under the complete control of the 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.
Resistance is at the level of: $ 1.1085, $ 1.1115, $ 1.1165
Support levels are located at: $ 1.1015, $ 1.0965, $ 1.0925
The main scenario for the pair's promotion is a break of support of $ 1.1015 (September 5 minimum) and then a decline to $ 1.0965 (August 30 minimum)


USD / JPY


USD / JPY globally controlled by bears
The pair USD / JPY yesterday traded with growth, reaching a monthly maximum (Y107.25) and closed the day near Y106.95. Today the pair is trading in the range (Y106.90-107.10), slightly above the closing level of yesterday's session. USD / JPY is above the MA (200) Н1 moving average line, and on the four-hour chart it has risen above the MA (200) H4 line. If the pair consolidates above these levels, it is possible that a new uptrend will form, but until this happens, in this situation, you should continue to adhere to the southern direction in trade and continue to look for entry points for sale.
Resistances are at the levels: Y107.25, Y107.55, Y109.30
Support levels are located at: Y106.20-30, Y105.75, Y105.05
The main scenario for the pair to move is a breakthrough and consolidation below the area of ​​Y106.20-30 (minimum of September 5 and MA (200) H1) and then decrease to Y105.75 (minimum of September 3)