Analytics 16.06

EURUSD

The euro is trying to fix above the main monthly level 1.12826. AO indicator is in the positive zone above the line of balance and the line of support/resistance. If the pair continues to move upward and fixes above the main weekly pivot 1.13038, where we have MA200, we can aim at the weekly level R1 1.13622. A further reference is the level 1.14168. If we fix below the main daily pivot 1.12492, which is lying in the area of thickening of movings and elder movings, we can aim at the weekly pivot S1 1.11921. A further reference is the weekly pivot S2 1.11337.

Daily levels of support: 1.12826, 1.12492, 1.11921, 1.11337

Daily levels of resistance: 1.13038, 1.13622, 1.14168

GBPUSD

The pair met a resistance at the area of defining movings, went down and fixed below the main daily pivot 1.41723. AO indicator is in the positive zone, but near the zero level, where we can see the line of support/resistance and the line of balance. If we continue to move downward and fixes below the level 1.41268, we can aim at the monthly pivot S2 1.40909. We have then a way to the weekly pivot S1 .140642. The next target is the level 1.40148. A fixation above the main daily pivot and the defining movings will aim us at the level 1.42388 and the monthly pivot S1 1.42869. An upper reference is the main weekly pivot 1.43617. We can see here MA200.

Daily levels of support: 1.41268, 1.40909, 1.40642, 1.40148

Daily levels of resistance: 1.41723, 1.42388, 1.42869, 1.43617

USDJPY

The pair got a downward impulse at the BOJ meeting and left the range of consolidation. AO indicator is deeply in the negative zone, below a minimum of June 3. The price has almost reached the monthly pivot S2 103.309.  The next target is the level 102.43. A further reference is the monthly pivot S3 101.072.

A fixation above the weekly pivot S3 104.535 can aim us at the level 104.944 and the weekly pivot S2 105.394.

Daily levels of support: 103.309, 102.43, 101.072

Daily levels of resistance: 104.535, 104.944, 105.394