Daily Forex Market by Deltaig

[contest]

EURUSD
Pivot: 1.331

Our preference: Long positions above 1.331 with targets @ 1.3385 & 1.342 in extension.Alternative scenario: Below 1.331 look for further downside with 1.328 & 1.325 as targets.Comments: the pair is rebounding on its support as the RSI is turning up.

Key levels

• 1.347
  
• 1.342
  
• 1.3385
  
• 1.33484 last
  
• 1.331
  
• 1.328
  
• 1.325

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GBPUSD
Pivot: 1.596

Our preference: Long positions above 1.596 with targets @ 1.605 & 1.607 in extension.Alternative scenario: Below 1.596 look for further downside with 1.5935 & 1.59 as targets.Comments: the pair has rebounded on its support and is challenging its strong resistance.

Key levels

• 1.61
  
• 1.607
  
• 1.605
  
• 1.6022 last
  
• 1.596
  
• 1.5935
  
• 1.59

​

USDJPY
Pivot: 82.75

Our preference: Long positions above 82.75 with targets @ 83.4 & 83.55 in extension.Alternative scenario: Below 82.75 look for further downside with 82.55 & 82.4 as targets.Comments: the pair is pulling back on its support ahead of a rebound.

Key levels

• 83.75
  
• 83.55
  
• 83.4
  
• 82.971 last
  
• 82.75
  
• 82.55
  
• 82.4

 

[contest]

EURUSD
Pivot: 1.3305

Our preference: Long positions above 1.3305 with targets @ 1.336 & 1.3385 in extension.

Alternative scenario: Below 1.3305 look for further downside with 1.3275 & 1.325 as targets.

Comments: the pair is on the upside and is challenging its resistance.

Key levels

• 1.34
  
• 1.3385
  
• 1.336
  
• 1.33427 last
  
• 1.3305
  
• 1.3275
  
• 1.325

GBPUSD
Pivot: 1.6

Our preference: Long positions above 1.6 with targets @ 1.607 & 1.61 in extension.

Alternative scenario: Below 1.6 look for further downside with 1.5975 & 1.5935 as targets.

Comments: the pair stands above its new support, the RSI is mixed to bullish.

Key levels

• 1.612
  
• 1.61
  
• 1.607
  
• 1.603 last
  
• 1.6
  
• 1.5975
  
• 1.5935

USDJPY
Pivot: 82.25

Our preference: Short positions below 82.25 with targets @ 81.55 & 81.3 in extension.

Alternative scenario: Above 82.25 look for further upside with 82.5 & 82.7 as targets.

Comments: as long as 82.25 is resistance, likely decline to 81.55.

Key levels

1. 82.7
   
2. 82.5
   
3. 82.25
   
4. 82.094 last
   
5. 81.55
   
6. 81.3
   
7. 81