Market Analysis

USD /JPY

The dynamics of price movements is limited range 90.70 - 91.30. At the moment, they move to the lower boundary. If it is reversed, will continue falling, the primary purpose of which is likely to be a mark 90.40 and, further, 90.00. However, at 4-hour chart (Figure 1) trend indicator OsMA becomes a rising trend. Top sent both the oscillator. It is therefore possible that prices will not overcome the lower boundary of the channel and they pushed off from it, will rise. On the hourly chart (Fig. 2) OsMA acquires a downward direction. In a bearish direction turned and SS, and RSI. All this confirms the supposition about the possibility of testing the lower boundary of the channel.
Having said that, in my opinion, the situation is uncertain. It is worth to wait for prices outside the range, and only after this open positions with a close stop-loss in the direction of the breakout.

Support: 90.70, 90.40, 90.00, 89.70, 89.40, 89.00, 88.70, 88.40/30, 88.00, 87.40/30, 87.00, 86.40, 86.00/85.90, 85.20/00, 84.40/30, 84.00, 83.00.
Resistance: 91.00, 91.50/55, 92.00, 92.40, 92.70/85, 93.00/20, 93.50/60, 94.10/00, 94.60/50, 94.90/95.00, 95.30, 95.90/96.00, 96.30, 97.00, 98.00, 98.60, 98.90/99.00.

USD /CHF

prices returned to the level of support 1.0250/40. If they manage to overcome it, continued to fall, the primary purpose of which is likely to become a mark 1.0200. On the possibility of such an outcome can tell the direction indicators on the 4-hour chart (Fig. 3). And the trend indicator OsMA, and both oscillator purchased a downward direction. The situation on the hourly chart (Figure 4) confirms the suggested likelihood of a breakthrough of the level of support and the continuation of the descending phase of the movement. OsMA, SS and RSI confidently fixed down.
However, in my opinion, the possibility of opening positions on the sale with a close stop-loss should be considered only after confirmation of a breakthrough price level of 1.0250/40.

Support: 1.0250/40, 1.0200, 1.0175, 1.0140/30, 1.0100, 1.0070, 1.0035, 1.0000, 0.9975, 0.9940, 0.9900, 0.9800, 0.9740, 0.9700, 0.9610/00.
Resistance: 1.0280, 1.0300/20, 1.0350/60, 1.0400, 1.0445, 1.0490/1.0500, 1.0550, 1.0600, 1.0650, 1.0700, 1.0730, 1.0760, 1.0800, 1.0850/60, 1.0900, 1.0935.

EUR /USD

Prices are consolidated in the level of resistance 1.4390/1.4400. His breakthrough opens testing 1.4430 mark, and, further, 1.4465. In favor of continued growth allows us to speak the ascending direction of the trend indicator OsMA at 4-hour chart (Fig. 5). At the same time, the oscillators have identified a U-turn in the opposite direction. Therefore you should not completely exclude the possibility of reverting to a mark 1.4360. On the hourly chart (Fig. 6) the situation is the same. OsMA confidently directed upwards, thus confirming the assumption about the possibility of a breakthrough of the level of resistance and continued growth in prices. But the SS and RSI turned in the opposite direction, signaling in favor of the rollback.
In my opinion, the possibility of opening positions on the purchase with a close stop-loss should be considered only after confirmation of a breakthrough price-level resistance 1.4390/1.4400.

Support: 1.4360, 1.4330/20, 1.4283, 1.4250, 1.4230, 1.4200, 1.4140, 1.4100, 1.4070, 1.4030, 1.4000, 1.3960.
Resistance: 1.4390/1.4400, 1.4430, 1.4465, 1.4500/15, 1.4550, 1.4585/1.4600, 1.4625/30, 1.4670, 1.4700, 1.4725/30, 1.4760, 1.4800, 1.4840, 1.4870.

GBP /USD

pair again tends to 1.6340 resistance level. If the prices would still be able to overcome it, to continue growth, the primary purpose of which is likely to become a mark 1.6370. The probability of this outcome suggests that, at the 4-hour chart (Fig. 7) trend indicator OsMA upwards. In the bull towards the fixed and both oscillator. On the hourly chart (Fig. OsMA confidently directed upwards, thus confirming the assumption of the possibility of a breakthrough price of the resistance level and continue growth. SS and RSI turned different direction.
In light of this, in my opinion, the possibility of opening positions for the purchase with a close stop-loss should be considered only after confirmation of breaking the resistance level of 1.6340.

Support: 1.6300, 1.6275/70, 1.6230, 1.6200, 1.6170, 1.6140/30, 1.6100, 1.6060, 1.6000, 1.5960, 1.5900, 1.5800, 1.5770, 1.5700, 1.5660, 1.5620/00, 1.5500, 1.5430, 1.5400.
Resistance: 1.6340, 1.6370, 1.6400, 1.6430, 1.6470, 1.650b0e0, 1.6540, 1.6580/1.6600.

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