EURUSD

eurusd1-1024x439

Eurodollar started week above pivot 1.0996, where there is Kijun-sen on H4 chart which is support right now if there will be bearish correction. First resistance is at Tenkan-sen 1.1136 which covers monthly pivot again, and next are Kijun-sen and weekly R2 1.1196. Close the day below weekly pivot will mean going back to October 28th low 1.0896 and then drop to weekly S2 1.0792.

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GBPUSD

gbpusd-1024x439

On Friday’s session GBPUSD broke Tenkan-sen 1.5375 resistance and price reached Senkou Span B 1.5462. Tenkan-sen with weekly and monthly pivot 1.5347 are now a support. Breaking Senkou Span B resistance will mean going back to weekly S1 1.5515 and then 1.5585-1.5602 area set by monthly R1 and weekly R2. Both areas cover earlier consolidation on this pair.

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AUDUSD

audusd-1024x439

Very interesting situation on AUDUSD. Despite break below Kumo Tenkan-sen stays above Kijun-sen and Chikou Span is above chart and Ichimoku lines. Breaking resistance area 0.7155-0.7182 (Kijuns-sen, Tenkan-senn weekly and monthly pivot) will be a signal of bullish tendency. In this case last decreases were just a sing of temporary weakness of bulls. In any scenario range is set by weekly supports WS1-WS2 and resistances WR1-WR2.

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