EURUSD

eurusd3

This pair stays in wide consolidation set by Kumo and lines (0/8)P 1.0742 and (2/8)P 1.0986. Chikou Span for the first time in long time is below chart and Tenkan-sen crossed Kijun-sen what suggest test of lower band of consolidation. Resistance is set by Kijun-sen 1.0885 and after breaking this level Chikou Span will be above chart. For now it looks like EURUSD is moving to support at 1.0742.

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AUDUSD

audusd1

Good macro data from China cause correctional appreciation on AUDUSD. After test of Kijun-sen 0.7000 support price is moving to (4/8)P 0.7080 line. Breaking Tenkan0sen 0.6993 will generate another sell signal and decrease below (2/8)P 0.6958 will increase speed of bearish trend to (0/8)P 0.6836. It can be increased by labour data from Australia which will show tonight. On the other side good data can cause test of Senkou Span B 0.7126.

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NZDUSD

nzdusd

Similar situation here but it’s more clear. Breaking Kijun-sen 0.6592 resistance will be a buy signal to (5/8)P 0.6653. Decrease below Tenkan-sen 0.6552 will generate sell signal, but we have to consider close support (3/8)P 0.6530. Breaking it will open way to (0/8)P 0.6348.

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