FXstreet.com Independent Analyst Team

EUR/USD Current Price: 1.3957

Slightly Bullish Hourly Sentiment is Seen in the Immediate-Term as Price finds Dynamic Support at The Daily Pivot @ 1.3983 inside of the larger Hourly Bull Flag Formation. The slight 20SMA/200SMA Hourly Bullish Cross with slight RSI Readings and Slope Divergence confirm Directionality. Price is at The Apex Point and Violation will Negate the Flag back into Consolidation towards 1.3035 Daily Dynamic Support, followed by the 1.3901 Daily Static Support Area. A potential Hourly Double-Bottom Formation will be in place if price Maintains and Holds the 1.3851 Static Support in The Near-Term. Adherence to The Flag sees 1.4025 and 1.4069 Static Resistance in the Immediate-Term.

Support levels: 1.3983 1.3935 1.3901 1.3851 1.3821

Resistance levels: 1.4025 1.4069 1. 4115 1.4162 1.4207

GBP/USD Current Price: 1.6277

Slightly Bullish Hourly Sentiment is Seen in the Immediate-Term as Price finds Dynamic Support at 20SMA of 1.6293 with The Daily Pivot of 1.6247 for Immediate Accumulation. The Hourly Bull Flag remains largely Intact, as the 20SMA/200SMA Hourly Bullish Cross looks for Contact to continue to confirm The Pattern. Violation of The Apex sees continual Consolidation moving through The Pivot, and onto 1.6196 and 1.6146 Support Levels. Further Depreciation sees the 1.6112 Daily Static Support. Respect of The Flag Apex sees Appreciation towards the Dynamic 1.6348 and Static 1.6382 Daily Resistance Levels, where an Hourly Double-Top will be in place in The Immediate-Term.

Support levels: 1.6247 1.6196 1.6112 1.6072

Resistance levels: 1.6348 1.6382 1.6435 1.6466 1.6497

USD/JPY Current Price: 92.81

Neutral to Bearish Sentiment is seen with Price holding The Daily Pivot 92.98 Area, as further Depreciation see the Accumulation moving through 92.51 Daily Static Support onto 92.22 and the 91.75 Static Low to form an Hourly Rounded Double-Bottom Formation if the Area is Held. The 20SMA?200SMA Hourly Bearish Cross and RSI reading and Slope of “44” confirm the Depreciating View in the Immediate-Term, although a Break of this Congestion Zone sees 93.45 Static and 93.74 Dynamic Resistance Levels. Further Appreciation finds 94.21 Daily Static Resistance where Neutral Sentiment will be In Favor as Price reaches Accumulation.

Support levels: 92.98 92.51 92.23 91.75

Resistance levels: 93.45 93.74 94.21 94.60

USD/CHF: Current Price: 1.0842

Slightly Bearish Hourly Sentiment is Seen as Price works through a larger Hourly Bear Flag Formation. Price currently respects The Apex of The Flag with the 200SMA @ 1.0847 providing Dynamic Resistance, and an Immediate-Term Violation will see the Daily Pivot @ 1.0821 and Dynamic 20SMA Support @ 1.0802. RSI Readings and Slope of “57” confirm The Bear Flag Directionality, where further Depreciation sees the 1.0783 Dynamic and 1.0753 Daily Static Support Levels. An Hourly Double-Bottom will be in Place of Price Holds and Rests here and Negates The Flag Formation moving into further Depreciation.

Support levels: 1.0816 1.0783 1.0753 1.0716 1.0679

Resistance levels: 1.0857 1.0879 1.0918 1.0942