GBPUSD

During Thursday session, there were some important macroeconomic publications concerning both the GBP and USD. As a result of these publications, we observed a strong appreciation of the cable during this session, price overcame an important resistance of 1.2325. We are now around the level of 1.2461, the defeat of it could pave the way for further growth even in the vicinity of 1.2870.

GBPUSD H4
GBPUSD H4

AUDUSD

For almost the whole day the market fluctuates around important resistance at 0.7680, which broken could pave the way for further growth even in the vicinity of 0.7700. In favor for bearish scenario is that ongoing since yesterday afternoon movement has lack of strength to overcome the mentioned resistance, as a result of which more and more likely is rejection and breaking growth trend line, and it could be a sign of change in the market sentiment.

AUDUSD H1
AUDUSD H1

USDJPY

After lasting from Friday declines , market today reached a very important support around 102.70 coinciding with the level of momentum 50% Fibonacci correction of the earlier growth. Rejecting current level would be a signal to continue the upward trend.

USDJPY Daily
USDJPY Daily
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