The USDJPY pair maintains a positive tone.

EURUSD Technical Analysis
Resistance 1.0851 1.0907 1.0938
Support 1.0764 1.0732 1.0676
Primary Scenario EURUSD is negotiating below the daily pivot point at 1.0819. A persistent trading below this level will lead the exchange rate to find support at 1.0764 and even lower at 1.0732.
Alternative Scenario If the pair manages to exceed the daily pivot, it will lift the market towards the resistance level at 1.0851.


GBPUSD Technical Analysis GBPUSD H4 up-trend
Resistance 1.4346 1.4432 1.4503
Support 1.4188 1.4117 1.4030
Primary Scenario Price is trapped around the daily pivot point, lacking a clear direction. A successful attempt to penetrate the barrier at 1.4346 will fuel GBPUSD higher towards the resistance level at 1.4432.
Alternative Scenario Alternatively, should the pair achieve to violate the daily pivot, it will push prices down to 1.4188.


USDCHF Technical Analysis USDCHF H4 up-trend
Resistance 1.0191 1.0227 1.0290
Support 1.0091 1.0029 0.9992
Primary Scenario USDCHF has finally surpassed the daily pivot (1.0128). A bounce up from current levels will trigger the market to hit the resistance level at 1.0191 and further up to 1.0227.
Alternative Scenario A reversal back below the daily pivot will open the way down to 1.0091.


USDJPY Technical Analysis USDJPY H4 up-trend
Resistance 118.88 119.26 119.68
Support 118.41 117.98 117.67
Primary Scenario The USDJPY pair maintains a positive tone. If the pair manages to withstand the sellers’ pressure, the next resistance is estimated at 118.88 and even higher at 119.26.
Alternative Scenario On the other hand, a plunge of the rate below the support at 118.41 will pave the path down to 117.98.


AUDUSD Technical Analysi AUDUSD H4 up-trend
Resistance 0.7034 0.7069 0.7094
Support 0.6974 0.6950 0.6915
Primary Scenario AUDUSD is now poised to retest the hurdle at 0.7034. If the market keeps going higher, it will eliminate this barrier, targeting the forthcoming resistance levels at 0.7069 and then higher at 0.7094.
Alternative Scenario. A comeback of the exchange rate below the daily pivot point (0.7010) will push the pair to find support at 0.6974.


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