Analytics 18.07

EURUSD

After a sharp fall on Friday, the pair was corrected and met a resistance at the zone 1.10682 (main daily pivot)-1.10703 (main weekly pivot). AO indicator is in the negative zone, below the line of balance and the line of support/resistance. Buys are in priority. If we continue to go down, we can return to the area 1.10280-1.10130. A lower reference is the area 1.09876-1.09760 (weekly pivot S1).

If we fix above the resistance, we can aim at the zone of thickening of movings 1.10780-1.10920. We have then a way to the area 1.11116-1.11253 (weekly pivot R1). A further reference is the main monthly pivot 1.11472.

Daily levels of support: 1.10280, 1.10130, 1.09876, 1.09760

Daily levels of resistance: 1.10703, 1.11116, 1.11253, 1.11472

GBPUSD

A downward movement of the pair on Friday met a support at the main weekly pivot 1.31679. Here we have an area of the older movings. The current resistance is the main daily pivot 1.32618, where we can see the defining movings. AO indicator is in the negative zone below the line of balance and the line of support/resistance. Buys are in priority. Perhaps, the price will be in a flat range. If we escape from this range, we can aim at MA200 on the level 1.30990. The next reference is the level 1.30431.

If we escape from this range, we can aim at the level 1.33919.  

Daily levels of support: 1.31679, 1.30990, 1.30431

Daily levels of resistance: 1.32618, 1.33265, 1.33919

USDJPY

The pair met a resistance at the level 105.910. The current support is the main daily pivot 105.268. AO indicator is in the negative zone, between the line of balance and the line of support/resistance. If we continue to growth and fix above the resistance, we will have a way to the area 106.954-107.569. We can see here the weekly pivot R1 107.266.

If we fix below the support, we can aim at the area 104.323 (main monthly pivot)-103.912 (main weekly pivot).

Daily levels of support: 105.268, 104.323, 103.912

Daily levels of resistance: 105.910, 106.395, 107.266