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Analytics 11.09

EUR / USD


EUR / USD pair globally controlled by bears

The pair EUR / USD yesterday traded in the range ($ 1.1030-60) and closed the day, about $ 1.1050. Today the pair continues to trade in the range ($ 1.1045-55), near the closing level of yesterday's session. EUR / USD is above the line of the moving average MA (200) H1, however, on the four-hour chart, it is still trading below the line of MA (200) H4, 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.

Resistance is at the level of: $ 1.1065-85, $ 1.1115, $ 1.1165

Support levels are located at: $ 1.1015-30, $ 1.0965, $ 1.0925

The main scenario for the pair to move forward is to break through the $ 1.1015-30 area (September 9.10 lows and MA (200) H1 lows) and then drop to $ 1.0965 (August 30 minimum)

 


USD / JPY

 

USD / JPY controlled by bulls

The pair USD / JPY yesterday traded in the range: after rising to Y107.50, soon dropping to Y107.15, however, by the end of trading it again grew rapidly, restoring all lost positions and closed the day near Y107.50. Today, the pair is trading with growth, and at the time of writing, reached a monthly maximum (Y107.65). USD / JPY is above the MA (200) H1 moving average line, and above the MA (200) H4 line, under the control of the bulls. In this situation, it is worthwhile to continue to adhere to the northern direction in trade and to the formation of correction to look for entry points for the purchase.

Resistances are at the levels: Y109.30, Y109.95, Y110.65

Support levels are located at: Y107.15, Y106.65-75, Y105.75

The main scenario for the pair to move is a break and consolidation above the resistance of Y109.30 (maximum of August 1) and subsequent growth to Y109.95 (maximum of May 30)