EUR / USD
The EUR / USD pair on Friday after rising to $ 1.1250, soon lost some of the positions it gained, dropped to $ 1.1225 and closed the day, around $ 1.1230. Today, the pair is trading in a range ($ 1.1230-40), slightly above the closing level of the Friday session. EUR / USD is above the MA (200) H1 moving average line, and has risen slightly above the MA (200) H4. If the pair consolidate above these levels, it is possible to form a new uptrend.
Resistances are at the levels: $ 1.1250-65, $ 1.1305-25, $ 1.1390
Support levels are located on: $ 1.1200-15, $ 1.1170, $ 1.1110-35
USD / JPY
The pair USD / JPY on Friday after rising in early trading to Y110.05 soon fell sharply to a minimum on May 9 (Y109.45), but by the end of the trading it restored all lost positions and closed the day around Y109.95. Today, the pair is trading in the range (Y109.60-80), slightly below the closing level of the Friday session. USD / JPY is below the MA (200) H1 moving average line, and below the MA (200) H4, under the full control of bears. In this situation, it is better to continue to adhere to the southern direction in trade and the formation of a correction to look for entry points to sell.
Resistances are found at: Y110.05, Y110.65-95, Y111.70-112.00
Support levels are located at: Y109.45, Y109.10, Y108.50