Weekly Technical Analysis

The pair has broken 1.3749, now its aim will be at 1.3411. Indicators in oversold zone, MACD divergence shows that the market should start to bottom. If the correction starts now the levels are 1.3814 and 1.3950.
Resistance: 1.3749, 1.3855, 1.3960
Support: 1.3598, 1.3411, 1.3343

EURUSD
The pair has broken 1.3749, now its aim will be at 1.3411. Indicators in oversold zone, MACD divergence shows that the market should start to bottom. If the correction starts now the levels are 1.3814 and 1.3950.
Resistance: 1.3749, 1.3855, 1.3960
Support: 1.3598, 1.3411, 1.3343
GBPUSD
The pair has broken the triangle’s support. The aim of the pair is to test 1.5252. A good resistance maybe found at the triangle’s line at 1.5854.
Resistance: 1.5854, 1.6032, 1.6205
Support: 1.5484, 1.5252, 1.4845
USDCHF
The pair has reached Fibo 38.2% and touched Moving Average (500) at 1.0793. Most likely the pair may decline after testing moving average to 1.0726 and 1.0618. If the pair breaks Fibo 38.2, then the uptrend correction continues to Fibo 50.0% at 1.0928.
Resistance: 1.0821, 1.0928, 1.1047
Support: 1.0726, 1.0618, 1.0514
USDJPY
The pair has tested support 88.64. The pair is trading in the narrow corridor. If breaks 90.04 will test 91.25. If breaks 88.64 will test 87.01.
Resistance: 90.04, 91.25, 92.58
Support: 88.64, 87.01, 85.16
AUDUSD
The pair broke Moving Average (200) at 0.8691. If the pair will be able to close bellow this level then the pair will decline to 0.8464. Weekly MACD in the zero zone.
Resistance: 0.8724, 0.8903, 0.9177
Support: 0.8576, 0.8408, 0.8167

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