EURUSD
Last week there was side trend on EURUSD. Price moved between Tenkan-sen and Kumo high. Attempt to break 1.1282 resistance failed and EURUSD again is below weekly and monthly pivot (1.1208 and 1.1264). Horizontal Chikou Span can be a magnet for the price and that can extend consolidation on this pair. As long as price is below area created by pivots next targets are at S1 1.1088 and S2 1.0982.
USDJPY
For more than 5 weeks USDJPY is in consolidation and today’s drop of Kijun-sen is connected with candle from August 24th, not down movements on the chart. Today price is on weekly pivot 120.33 and this level assisted by Tenkan-sen 120.14 is now support. Breaking Senkou Span B 120.73 resistance and monthly pivot 120.88 will mean end of decreases on this pair and come back to weekly R1 121.44 and R2 122.33. Drop below Tenkan-sen 120.14 will be a signal of re-testing support S1 119.43.
AUDUSD
On AUDUSD there is sell signal, but today Tenkan-sen covers Kijun-sen what can indicate correction to 0.7109. However the most important resistance is monthly pivot and Senkou Span B 0.7197 and unless price stays below this level bearish trend is safe. In this week supports are at S1 0.6908 and S2 0.6794.
