EURUSD

eurusd1 (1)

Even though this pair is in cloud right now, still dominating trend in short term is bullish. First support is set by Tenkan-sen 1.0851 and then Kijun-sen 1.0780. This level is very important because it covers Tenkan-sen on weekly chart. If EURUSD will stay above this area, then we should expect continuation of bullish sentiment to (3/8)P 1.1108 line where there is also weekly Kijun-sen. Cloud changed color to bullish and Chikou Span stays above chart and Ichimoku lines.

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USDCHF

usdchf

Situation is completely reversed on USDCHF. We can see try of breaking below Kumo and (5/8)P 0.9888 which failed. Price is getting closer to resistance area 0.9990-1.0022 created by Tenkan-sen and Kijun-sen. If these levels will not be broken, it will be only a correction for last decreases. Another break below Kumo will be a signal of price going back to pivot (4/8)P 0.9766.

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NZDUSD

nzdusd1

After breaking below Kumo NZDUSD found support at (3/8)P 0.6531 line, which differs side trend from bearish one. We shouldn’t exclude correction to pivot 0.6592. The most important resistance is now at Senkou Span B and (5/8)P 0.6653 and unless Kiwi is below this level the most probable scenario is continuation of bearish trend to another support (2/8)P 0.6470. This level stopped decreases on NZDUSD once already.

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