EURUSD

eurusd-1024x464

Looking at EURUSD chart we can see, that the price is staying in consolidation area between Tenkan-sen at 1.1225 and Kijun-sen at 1.1348. Between these means we have also monthly and weekly pivot. Breaching Tenkan-sen support will mean going back to downtrend with weekly S1 range at 1.0990 or even area determined by weekly S2 or monthly S1 at 1.0799-1.0792. If the price will go above Kijun-sen and the Kumo it will effect going back to weekly R1 at 1.5481 and then monthly R1 at 1.1666. For now all Ichimoku signals suggest continuation of downtrend.

GBPUSD

gbpusd-1024x464

On GBPUSD chart we can clearly see downtrend, however for now the price is below upward Kumo but we can not exclude correction on cable to area created by monthly and weekly pivot and Kijun-sen at 1.5497-1.5527. Target level for this phase of trend is 1.5215-1.5177 area created by weekly and monthly S1.

USDJPY

usdjpy-1024x464

Similar situation like on EURUSD we have on USDJPY, where the price at one side will be below Tenkan-sen and monthly pivot at 120.98-120.89 and above Kijun-sen and weekly pivot at 120.26-119.95. The best scenario seems to be opening stop orders on both sides of consolidation. Range of downtrend is weekly S1 at 119.91 and monthly S1 at 166.49. Breaching upwards can mean back of USDJPY to weekly R1 at 123.75.

AUDUSD

audusd-1024x464

From pivot perspective resistance area for AUDUSD will be 0.7175-0.7197 area, and Ichimoku Senkou Span B 0.7208. However the price will be below Kijun-Sen at 0.7137 and there still is sell signal for weekly S1 at 0.7039 and then monthly S1 at 0.6955. Breaching Senkou Span B will appoint local minimum on AUDUSD and possible correction to weekly R1 at 0.7307 and monthly R1 at 0.7352.

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