GBPUSD

gbpusd5

Third session of bearish trend on GBPUSD. Testing of resistance area 1.4995-1.5057 seems probable (there is Tenkan-sen, Kijun-sen and (3/8)P). However as long as GBPUSD stays below Senkou Span B 1.5156 it is still a correction. The target level of this phase is (0/8)P 1.4648.

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USDJPY

usdjpy6

Before holidays this pair broke below Kumo bottom and today price came back to resistance area 120.90-121.09. If USDJPY will not break this area we should see continuation of bearish trend to (0/8)P 118.75. If USDJPY will break these levels, we should see side trend and come back to (4/8)P 121.88, where there is also Tenkan-sen and Kijun-sen.

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AUDUSD

audusd5

This pair stays in side trend and today support is set by Tenkan-sen 0.7242. If this level will be defended, there is possibility of continuation of last gains to (8/80P 0.7324. Breaking the support will be a sign of going back to support area 0.7200-0.7190, where we can find Senkou Span B and Kijun-sen.

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