EUR / USD

The situation has not undergone significant changes over the past day. The pair remains in the zone of attraction for the daily Ichimoku gold cross (1.1886-54-16). On the other hand, the nearest bearish reference is now the lower border of the monthly cloud 1.1740. New perspectives and horizons for downside players will be open if we leave the cloud. If the supports of the daily cross are now able to hold their positions and maintain an advantage on the side of upside traders, then the main task for further strengthening of bullish moods will be to restore the upward trend (maximum extremum at 1.2011).

The players to decline failed to update last week's low and restore the trend at the hourly chart. The pair continues to work in the zone of influence of the central pivot level, which is located today at 1.1825. The other key level of the lower halves is now around 1.1854 (weekly long-term trend). A consolidation above the current resistance zone (1.1825-54) and the reversal of the moving will help the transition of advantages to the side of players to increase, but to get a reliable result at higher time intervals, you will need to restore the daily upward trend (1.2011). Working below the key levels on H1 (1.1825-54) preserves opportunities for further strengthening of bearish mood. Today, the classic pivot levels of 1.1788 and 1.1763 are the downward benchmarks within the day.

GBP / USD

The bearish traders continue their corrective decline. They managed to close the last day below the historic level of 1.32 and the final level of the daily cross (1.3171). As a result, 1.32 and the levels of the Ichimoku gold cross (1.3171 - 1.3231 - 1.3304) are now acting as resistances. In case of further strengthening of bearish moods, the next reference points for the decline in the current situation will be the weekly Tenkan (1.2980) and the daily cloud.

In the lower halves, the bears have an advantage; all analyzed technical instruments actively support the developing downward trend. Today, the downward reference points are the support of the classic pivot levels 1.3112 - 1.3059 - 1.2980. On the other hand, the key resistances of the lower time frames are currently located at 1.3191 (central pivot level of the day) and 1.3282 (weekly long-term trend), and nearest level 1.3244 (R1).

Ichimoku Kinko Hyo (9.26.52), Pivot Points (Classic), Moving Average (120)