Market Analysis

USD /JPY

Prices are consolidated in the level of support 89.70. If it is resolved to continue falling, the primary purpose of which is likely to become a mark 89.00. The probability of this outcome suggests the direction indicators on the 4-hour chart (Figure 1). And the trend indicator OsMA, and both are confident enough of the oscillator are directed downward. On the hourly chart (Fig. 2) OsMA is oriented downward, thus confirming the assumption about the possibility of a breakthrough price of this level of support and further price drops. At the same time, SS (in oversold) and RSI have set up a U-turn. Therefore you should not completely exclude the possibility of reverse course to a mark 90.00.

Thus, in my opinion, the possibility of opening positions on the sale with a close stop-loss is worthwhile to consider only after confirmation of a breakthrough price level of support 89.70.

Support: 89.70, 89.00, 88.40, 88.00, 87.30, 87.00, 86.00, 85.00, 84.40/30, 84.00.

Resistance: 90.00, 90.40, 90.70, 91.00, 91.55, 92.00, 92.40, 92.70/85, 93.00/20, 93.60/50, 94.10/00, 94.60/50, 94.90/95.00, 95.30/40, 95.90 /96.00, 96.30, 96.60, 97.00, 97.50/75, 98.00.

USD /CHF

prices are back in range, limited levels of 1.0300 - 1.0370. That trend indicator OsMA at 4-hour chart (Fig. 3) quite confidently pointing down, suggesting that they will rush to the bottom of the range and then try to overcome it. In a bearish direction directed and SS. RSI, on the contrary, has outlined a turn upwards. On the hourly chart (Figure 4) the situation is in favor of the resumption of growth. OsMA become a rising trend. SS (in oversold) and RSI is also deployed up.

Having said that, in my opinion, the situation is described as uncertain and recommend to refrain from making any trading decisions to its clarification.

Support: 1.0320, 1.0300, 1.0280, 1.0250, 1.0200, 1.0175, 1.0130, 1.0100, 1.0070, 1.0070, 1.0000, 0.9900, 0.9800, 0.9740, 0.9700, 0.9610/00, 0.9500.

Resistance: 1.0350, 1.0400, 1.0445, 1.0490/1.0500, 1.0550, 1.0600, 1.0650, 1.0700,1.0730, 1.0750/60, 1.0800, 1.0840/50, 1.0900, 1.0935/40, 1.0970.

EUR /USD

Prices trying to be fixed above the resistance level is 1.4630. If they succeed, it is worth waiting for further growth, the primary purpose of which is likely to become a mark 1.4670. The probability of this outcome suggests a rising trend trend indicator OsMA at 4-hour chart (Fig. 5). At the same time, SS is in the overbought zone, but the RSI charted turn down. Therefore you should not completely exclude the possibility of reverting to a mark 1.4600. On the hourly chart (Fig. 6) OsMA acquires a downward direction, thus confirming the assumption that the probability of reverse turn. Oscillators are turned up.

In light of this, in my opinion, should refrain from transactions to clarify the situation. Possibility of shopping with a close stop-loss seen after the breakout level 1.4625/30.

Support: 1.4600, 1.4585, 1.4540, 1.4515/00, 1.4465, 1.4430, 1.4400, 1.4360, 1.4330/20, 1.4280, 1.4250, 1.4200, 1.4150/40.

Resistance: 1.4625/30, 1.4670, 1.4700, 1.4725/30, 1.4760, 1.4800, 1.4840, 1.4870, 1.4900, 1.4950/60, 1.5000, 1.5050, 1.5100, 1.5140, 1.5200, 1.5230, 1.5300, 1.5370.

GBP /USD

prices close to 1.6060 resistance level. If it is over, continue growth, the primary purpose of which is likely to become a mark 1.6100. In favor of such an outcome can say that the trend indicator OsMA at 4-hour chart (Fig. 7) confidently upwards. In the bull towards the fixed and oscillators. However, SS has entered the overbought zone. Therefore you should not completely exclude the possibility of reverting to the level of 1.6000. On the hourly chart (Fig. OsMA and RSI face upward, thus confirming the assumption about the possibility of a breakthrough of the level of resistance and further growth. SS in the overbought zone turned down, signaling the benefit of the rollback.

In my opinion, the possibility of opening positions on the purchase with a close stop-loss should be considered when confirming the breakthrough level of 1.6060.

Support: 1.6000, 1.5975/60, 1.5900, 1.5840, 1.5800, 1.5770, 1.5700, 1.5660, 1.5620/00, 1.5500, 1.5430, 1.5400, 1.5300, 1.5260, 1.5200, 1.5150, 1.5100, 1.5070, 1.5000.

Resistance: 1.6060, 1.6100, 1.6130/40, 1.6170, 1.6200, 1.6230, 1.6270/75, 1.6300, 1.6340, 1.6370, 1.6400, 1.6470, 1.6500, 1.6540/60, 1.6600, 1.6640, 1.6700.

U.S. statistic data were mixed, but the market reacted to them quite optimistic
Shares of ITT and Sibirtelecom today worked his short-term growth potential
Euro graduated correction
Resistance of the first level of EUR /USD pair is at 1.4645
Rate for the dollar fell - the evening review of cash markets
Bank of America has improved the earnings outlook of companies from the list of SP 500
IMF: Additional measures are needed to restore bank balance sheets
OECD: Bank of Japan should maintain the current interest rate to overcome deflation
Forex - in the European session

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