Daily Technical Analysis

EURUSD Outlook

After slumped against Greenback on Thursday, Euro made a indecisive movement on Friday due to US market holiday. My model is mixed with downside bias. Eyes on the key level 1.5650 today. A break to the downside could give us short opportunity targeting 1.5515, while a rejection could bring EURUSD chasing 1.5750 area and continue the bullish scenario. CCI in neutral area on daily chart.

EURUSD Daily Supports and Resistances:

S1= 1.5663
S2= 1.5621
S3= 1.5589
R1= 1.5737
R2= 1.5769
R3= 1.5811
GBPUSD Outlook

Similar to EURUSD, the GBPUSD made an indecisive movement on Friday. My model is mixed with downside bias. The key level is 1.9780. A break to the downside could give us short opportunity targeting 1.9710, while a rejection could bring GBPUSD in a further bullish view targeting 1.9850. CCI in neutral area on daily chart.

GBPUSD Daily Supports and Resistances:

S1= 1.9795
S2= 1.9767
S3= 1.9741
R1= 1.9849
R2= 1.9875
R3= 1.9903
USDJPY Outlook

After failed to break 105.50 key level to the downside and pushed higher on Thursday, the USDJPY should make another bullish scenario. My model is long, targeting 107.50. Immediate support is seen at 106.25. CCI heading up towards 100 line on daily chart.

USDJPY Daily Supports and Resistances:

S1= 106.64
S2= 106.48
S3= 106.36
R1= 106.92
R2= 107.04
R3= 107.20
USDCHF Outlook

Like other major pairs, the USDCHF made an indecisive market movement due to US holiday on Friday. My model is mixed with upside bias. Immediate support is seen at 1.0228. Initial resistance at 1.0320. CCI in neutral area on daily chart.

USDCHF Daily Supports and Resistances:

S1= 1.0229
S2= 1.0207
S3= 1.0184
R1= 1.0274
R2= 1.0297
R3= 1.0319

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