Pull-back is occurring on AUD/USD near the resistance at 0.77680-0.77949. Be careful if the resistance at 0.77949 breaks, because it will turn intraday bias into bullish.
USD/CHF
USD/CHF is still moving on support area at 0.94409 – 0.95372. Hourly stochastic and CCI are oversold. Today’s preference remains bullish, with target at 0.95372 – 0.96058. As backup plan, you could look for another buy signal if correction continues within the Fibonacci resistance area as mentioned above.
Be careful if the support at 0.94409 breaks, because it will turn intraday bias into bearish and potentially will push price down to 0.93813.
USD/JPY
USD/JPY has consolidation into the support area at 126.68 – 123.31. Hourly stochastic and CCI are showing oversold indication. Today’s preference remains bullish, with target at 124.04 – 124.65; however, it is better to wait for a break above 123.31 before taking long position.
Be careful if the support at 122.68 breaks, because it will turn intraday bias into bearish and potentially will push USD/JPY down to 121.97.
EUR/USD
Pull-back is occurring on EUR/USD approaching the resistance at 1.09310-1.09735. Stochastic and CCI are overbought on hourly chart. You still need to watch the resistance area in order to look for sell signal confirmation with potential target at 1.09047-1.08622.
Be careful if the resistance at 1.09375 breaks, because it will turn intraday bias into bullish and potentially will raise euro up to 1.09998-1.10423.
AUD/USD
Pull-back is occurring on AUD/USD near the resistance at 0.77680-0.77949. Stochastic and CCI are overbought on hourly chart. You still need to watch the resistance area in order to look for sell signal confirmation with potential target at 0.77513-0.77244.
Be careful if the resistance at 0.77949 breaks, because it will turn intraday bias into bullish and potentially will raise Aussie up to 0.78116-0.78385.
GBP/USD
Pull-back is occurring on GBP/USD near the resistance at 1.54117-1.54479. Stochastic and CCI are overbought on hourly chart. You still need to watch the resistance area in order to look for sell signal confirmation with potential target at 1.53892-1.53529.
Be careful if the resistance at 1.54479 breaks, because it will turn intraday bias into bullish and potentially will raise Sterling up to 1.54704-1.55067.