EURUSD

After a relatively calm morning the second part of the day was  far more interesting and more dynamic. For the initial declines contributed favorable publications on the dynamics of house property prices in the United States, which have strengthened the USD. A moment later appeared strong bullish impulse and EURUSD recovered all previous losses which resulted in re-approaching the vicinity of the upper limit of the three days long consolidation. Overcoming this level could open the way for further growth in the area downtrend line resistance or even 1.0960.eurusd-h1-7

GBPUSD

GBPUSD currency pair after publication of positive readings from housing market in the United States, which have strengthened the US dollar today rejected the downtrend line which is the upper limit of the triangle formation. A strong bearish response in just one hour resulted in a decline of close to 130 pips which translated into a -1.22%.

Today once again we test the important support level 1.2112, which defeat could pave the way for further declines.gbpusd-h4

Possibility of rejecting the current level and bullish scenario suggests the fact that since the defeat at the beginning of the month 1.2875 support level has not yet been tested in accordance with the principle of changing the poles as resistance.gbpusd-daily-4

USDJPY

After lasting most of the day increases, approx. at. 16:00 there was a strong reaction of bears due to which the market again came under significant level of 104.34. In the near future we can expect  continuation of declines and test of 104.17 support coinciding with the line of the uptrend.usdjpy-h1-8

AUDUSD

We see for almost the whole day increases, which today defeated local support coinciding with the level of 38.2% Fibonacci correction of the earlier declines. In the near future we expect to test resistance zone around 50% Fibonacci momentum, the rejection could be a signal for the continuation of declines. We should also pay attention to the equality between the boxes:audusd-h1-10

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