Analytics 07.04

EURUSD

The pair is trying to develop further upward movement. Current resistance is a level 1.14457. AO indicator is in positive zone above line of balance and line of support/resistance. If we fix above this level, we will have a way to weekly pivot R1 1.14935. The next reference is a monthly pivot R1 1.15863.

The nearest lower target (support) is a main daily pivot 1.13862 where we have the defining movings. Lower reference is an area 1.13408-1.13234 (main weekly pivot) where we have МА200. 

Daily levels of support: 1.13862, 1.13408, 1.13234

Daily levels of resistance: 1.14457, 1.14935, 1.15506, 1.15863

GBPUSD

The pair turned at monthly pivot S1 1.40079 after a downward impulse and returned to level 1.41760 where it recoiled. The price is lying currently above main daily pivot 1.41027. AO indicator is lying at zero level between line of balance and line of support/resistance. If we fix below main daily pivot, we can aim at weekly pivot S1 1.40571 and monthly pivot S1 1.40079. Then we have a way to weekly pivot S2 1.39185.

If the support pushes our price up, the nearest reference will be the defining movings at level 1.41920. Above 1.42000 we have a way to area of elder movings and MA200 at 1.42350-1.42686 where we have a main monthly pivot 1.42612.  

Daily levels of support: 1.41027, 1.40571, 1.40079

Daily levels of resistance: 1.41760, 1.42000, 1.42612

USDJPY

The pair continues to fall without any signs for correction. The price reached monthly pivot S2 108.693. AO indicator is deeply in negative zone. If the price fixes below this level, we will have a way to point 107.860. Farther reference is a monthly pivot S2 106.719.

The nearest target for possible recoil is a level 109.161. Above we have a way to area 109.900 (main daily pivot)-110.147 (weekly pivot S2). Farther reference is a monthly pivot S1 110.605. Here we have the defining movings.

Daily levels of support: 108.693, 107.860, 106.719

Daily levels of resistance: 109.161, 109.900, 110.605