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Analytics 16.05

EUR / USD

 
The EUR / USD is trading below all moving averages for H1.
The pair is limited to a downward moving average for 20 periods.
The RSI index is in the area of ​​30.
It is expected that the pair will decline to the key level of 1.1800, and then it will target 1.1760.
Key resistance is reduced to 1.1890.
The main support and resistance lines for today's pair: resistance: 1.1850; 1.1890; 1.1900.
Support: 1.1800; 1.1760; 1.1730.

 

 

GBP / USD

 
The currency pair GBP / USD is currently trading below all moving averages on H1. The moving average for 20 periods now serves as a strong resistance level.
Although the pair recovered from the low of May 15 at 1.3450, it is still limited by downward moving averages.
The RSI index signals from ambiguous to negative.
The key resistance of 1.3525 (the previous maximum) should keep downward pressure on the pair. While it is not broken, it is likely to drop to 1.3480 and 1.3450.
A break above 1.3525 will target the pair at 1.3555 and 1.3600.
The main support and resistance lines for today's pair: resistance: 1.3525; 1.3555; 1.3600.
support: 1.3500; 1.3480; 1.3450.

 

USD / JPY

 
USD / JPY yesterday updated the maximum from May 2 to 110.45.
On the 30-minute chart, the pair continues to trade with a rise and is aimed at a resistance of 110.45 (near the high of May 15).
Growth is also indicated by positive technical indicators, such as moving averages for 20 and 50 periods, and a relative strength index (RSI).
After overcoming resistance at 110.45, the pair will target 110.70.
Key support is raised to a psychologically important level of 110.00, his breakthrough will target the pair at 109.80.
The main support and resistance lines for the pair today:
Resistance: 110.45; 110.70; 111.00.
support: 110.00; 109.80; 109.65.