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Analytics 21.08

EUR/USD

 

EUR / USD pair controlled by bears

 The pair EUR / USD yesterday, after falling to the level of $ 1.1065, soon rose rapidly to $ 1.1105, having restored all its positions and closed the day, about $ 1.1095. Today, the pair is trading in the range ($ 1.1090-1.1105), slightly below yesterday's high. EUR / USD is below the MA (200) H1 moving average line, and below the MA (200) H4 line, 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: $ 1.1115-45, $ 1.1190, $ 1.1250

Support levels are located at: $ 1.1065, $ 1.1025, $ 1.0975

The main scenario for the pair's promotion is a breakthrough of support of $ 1.1065 (minimum of August 16 and 20) and then a decline to $ 1.1025 (minimum of August 1)

 

 

USD/JPY

 

USD / JPY globally controlled by bears

The pair USD / JPY was trading lower yesterday, dropping to the level of Y106.15 and closing the day near Y106.25. Today, the pair is trading with growth, at the time of writing, reaching Y106.50. USD / JPY is above the MA (200) H1 moving average line, however, on the four-hour chart, it is still trading below the MA (200) H4 line, 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.

Resistances are at the levels: Y106.75, Y107.10, Y107.55

Support levels are located at: Y106.05-15, Y105.65, Y105.05

The main scenario for the pair to move is a breakthrough of the Y106.05-15 area (minimum of August 20 and MA (200) H1) and then a decrease to Y105.65 (minimum of August 14)