EUR / USD
The EUR / USD pair rose sharply yesterday, reaching a maximum over the past month and a half ($ 1.1445), but by the end of the trading session it dropped slightly and closed the day around $ 1.1420. The pair is much higher than the line of the moving average MA (200) H1 and MA (200) H4, remaining under the full control of the bulls. In this situation, it is better to continue to follow the northern direction in trade and for the formation of a correction to look for entry points to buy.
Resistances are located at $ 1.1445, $ 1.1485, $ 1.1515
Support levels are located at: $ 1.1420, $ 1.1315-1335, $ 1.1220
GBP / USD
The pair GBP / USD yesterday was trading in a wide range: dropped to $ 1.3145, but by the end of the trading session, it restored most of its positions, reaching $ 1.3250, but then declined again and closed around $ 1.3195. GBP / USD is testing the moving average MA (200) H1 line and is much higher than the MA (200) H4 line, thus remaining under complete control of the bulls.
Resistance levels are: $ 1.3310, $ 1.3380, $ 1.3445
Support levels are located at: $ 1.3145, $ 1.3100, $ 1.2960-1.3005
USD / JPY
The pair USD / JPY yesterday, after rising in early trading to Y111.70, fell sharply to an almost monthly minimum of Y110.50. Today, in early trading, the pair continues to decline, reaching Y110.40. USD / JPY fell below the moving average MA (200) H1 and below the MA (200) H4. Also, the pair broke through the support line of the ascending channel of January 3, which indicates the possible beginning of the formation of a new downtrend.
Resistances are found at: Y110.75, Y111.00-Y111.15, Y111.70
Support levels are located at: Y110.35, 109.55, Y109.10