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analysis

RBA Financial Stability Review has been published in Australia and the US will release Export and Import Prices and Michigan Consumer Sentiment Prel.
The support rests at 0.71080 with resistance at 0.71520 which both lines are above the weekly pivot point at 0.70970. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
The resistance line seems to be too strong to be broken, sellers can target 0.71000.

audusd
Source: fxglory

1

analysis

There are no major economic reports in Japan but the US will publish Treasury Currency Report, Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Import Prices m/m and Import Prices m/m.
The support rests at 111.630 with resistance at 111.930 which both lines are above the weekly pivot point at 111.450. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
It seems that the chart is creating a dead cat bounce therefore long positions are recommended towards 112.200.

usdjpy
Source: fxglory

1

analysis

USD is being empowered by the US economic reports.
The support rests at 1.12680 with resistance at 1.13100 which both lines are above the weekly pivot point at 1.12180. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA 200 and above the EMA of 200. The RSI is falling towards 50 level and the Stochastic is showing upwards momentum. The MACD line is on the signal line in the neutral territory. The ADX is showing weak buy signal.
While considering pullbacks on the way, EURUSD may continue its bullish trend towards 1.13200.

eurusd
Source: fxglory

1