Euro is also trying to rebound. The price is approaching the resistance area at 1.2698. The bullish rally may continue if the resistance breaks, with target at 1.2698-1.2745. As alternative, watch also the support area at 1.2622-1.2576.
AUD/USD
Aussie is trying to rebound. The price is approaching the resistance area at 0.8826. The bullish rally may continue if the resistance breaks, with target at 0.8865-0.8908.
As alternative, watch also the support area at 0.8757-0.8712. If correction occurs within the area, you can look for buy signal confirmation with target at 0.8782-0.8826. Be careful if the support at 0.8712 breaks, because it will turn the intraday bias into bearish and potentially will push AUD/USD down to 0.8685-0.8642.
EUR/USD
Euro is also trying to rebound. The price is approaching the resistance area at 1.2698. The bullish rally may continue if the resistance breaks, with target at 1.2698-1.2745.
As alternative, watch also the support area at 1.2622-1.2576. If correction occurs within the area, you can look for buy signal confirmation with target at 1.2651-1.2698. Be careful if the support at 1.2576 breaks, because it will turn the intraday bias into bearish and potentially will push EUR/USD down to 1.2547-1.2500.
GBP/USD
GBP/USD enters the Fibonacci area at 1.6065-1.6135. Hourly stochastic and CCI are overbought. Today’s preference remains bearish, especially if bearish signal is confirmed within the Fibonacci area, with target at 1.6021-1.5951.
Be careful if the resistance at 1.6135 breaks, because it will turn the intraday bias into bullish and potentially will raise GBP/USD up to 1.6179-1.6249.
USD/JPY
USD/JPY remains in bearish bias, with target at the support area at 108.00.
Be careful if the resistance at 109.29 breaks, because it will turn the intraday bias into bullish and potentially will raise USD/JPY up to 109.59-110.08.
USD/CHF
Deep correction occurs on USD/CHF. The price currently is moving within the Fibonacci area at 0.9582-0.9623. Bias bullish will be confirmed only if the resistance at 0.9623 breaks, with target at 0.9648-0.9688.
Be careful if the support at 0.9582 breaks, because it will turn the intraday bias into bearish and potentially will push USD/CHF down to 0.9557-0.9517.