- Bonuses and Promotions
EUR / USD
Currency pair EUR / USD yesterday gained strength and again tried to punch down the moving average of the MA200 on H1, and .... broke it. Now the pair is trading near the moving average, which serves as a good level of resistance
On Wednesday, the EUR / USD currency pair exceeded the key (psychological) level of 1.2400 and yesterday touched this level again before turning around and accelerating its rapid decline, which many analysts predict.
Now the pair is trading above the low of 1.2327, but is still limited by a downward moving average for 20 periods.
The RSI index is below the neutral level of 50.
The pair is expected to fall to 1.2330 and 1.2305.
Only a breakthrough in key resistance 1.2365 will change the prospects for the pair to positive. The main support and resistance lines for the pair for today: resistance: 1.2365; 1.2400; 1.2440
support: 1.2330; 1.2305; 1.2280
GBP / USD
Currency pair GBP / USD yesterday broke one push at the moving average MA200 on H1. Correction for the currency pair continues.
The pair is trading lower after it accelerated its decline on Wednesday. Moving averages for 20 and 50 periods decrease and increase pressure on the pair, and also become a strong resistance.
The RSI index broke down the level of oversoldness 30.
Until the level of 1.4070 is broken up, a new drop to 1.4025 and 1.3985 is likely.
A break above 1.4070 will target the pair at 1.4245 and 1.4280.
Do not forget to put S \ L. And do not forget that the GBP / USD currency pair is uptrend.
The main support and resistance lines for today's pair: resistance: 1.4070; 1.4245; 1.4280.
support: 1.4070; 1.4025; 1.3985.
USD / JPY
The USD / JPY currency pair is trading above the MA200 moving average on H1. Bulls at the helm.
On the 30-minute chart, the pair continues to grow.
The relative strength index (RSI) is in the area of 60.
While the key resistance is not broken 107.75, growth is likely to reach 108.25 and 108.60.
A break below 107.55 will lead to a bearish reversal and will open the way to 107.05.
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: 107.75; 108.25; 108.60
support: 107.55; 107.05; 106.80