EURUSD Daily Pivots R3 1.1164 R2 1.1117 R1 1.1057 Pivot 1.1011 S1 1.0950 S2 1.0903 S3 1.0844 \ EURUSD (1.10): EURUSD has closed Friday’s session on a bullish note indicating a potential move to the upside. This bias is confirmed with prices breaking above the falling price channel and the bullish divergence to the Stochastics. The minimum correction we can expect to see is towards 1.1348 but ahead of this correction, EURUSD will need to clear short term resistance at 1.1135. A close below the recent lower close could see EURUSD continue to decline in the near term. USDJPY Daily Pivots R3 122.53 R2 122.008 R1 121.339 Pivot 120.811 S1 120.129 S2 119.601 S3 118.920 USDJPY (120.3): USDJPY closed on a bearish note and today’s daily session has gapped down indicating a move to the to the downside. Prices are currently trading off the medium support at 120.275 as noted previously. A minor bounce to fill the gap at 120.65 is very likely and as long as prices stay below 121, USDJPY could be looking to trade lower. A break below 120.275 could see a decline to as much as 119.145. GBPUSD Daily Pivots R3 1.5644 R2 1.5555 R1 1.5486 Pivot 1.5397 S1 1.5328 S2 1.5239 S3 1.5169 John Benjamin John Benjamin John is a market analyst for Orbex Ltd. and is a forex and equities trader having been involved in trading since late 2009. John makes use of a mix of technical and fundamental analysis and inter-market relationships. The analysis present here is a mix of intra-day analysis while considering the long term outlook of the markets as well. For any comments or questions, John can be reached at [email protected] View All Post By John Benjamin Daily Look share Read Next Elliott Wave Analysis: USDCAD and USDJPY Gregor Horvat 7 years EURUSD Daily Pivots R3 1.1164 R2 1.1117 R1 1.1057 Pivot 1.1011 S1 1.0950 S2 1.0903 S3 1.0844 \ EURUSD (1.10): EURUSD has closed Friday's session on a bullish note indicating a potential move to the upside. This bias is confirmed with prices breaking above the falling price channel and the bullish divergence to the Stochastics. The minimum correction we can expect to see is towards 1.1348 but ahead of this correction, EURUSD will need to clear short term resistance at 1.1135. A close below the recent lower close could see EURUSD continue to decline in the near term. USDJPY… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
