The EURUSD attempted to push lower last week bottomed at 1.2953 but closed higher at 1.3039. The bias is neutral in nearest term probably with a little bullish bias testing 1.3100/35 area. Immediate support is seen around 1.3025. A clear break below that area could trigger further bearish pressure retesting 1.2950 key support area. My major technical outlook remains neutral.
GBPUSD
The GBPUSD continued its bullish correction last week and hit 1.5526 earlier today. The bias remains bullish in nearest term testing 1.5600 area. Immediate support is seen around 1.5465. A clear break below that area could lead price to neutral zone in nearest term testing 1.5400/20 but as long as stays above 1.5200 price is still in a bullish correction phase.
USDCHF
The USDCHF attempted to push higher last week topped at 0.9497 but closed lower and hit 0.9407 earlier today after touched the trend line resistance as you can see on my daily chart below. The bias is bearish in nearest term testing 0.9350. Immediate resistance is seen around 0.9430. A clear break above that area could lead price to neutral zone in nearest term testing 0.9500 area which need to be clearly broken to the upside to continue the bullish scenario testing 0.9600.
USDJPY
The USDJPY was corrected lower last week and hit 97.34 earlier today after unable to break above 99.90 key resistance area. The bias remains bearish in nearest term testing 96.70. Immediate resistance is seen around 98.30. A clear break above that area could lead price to neutral zone in nearest term testing 99.00. My major technical outlook remains bullish but as long as stays below 99.90 we might see further bearish correction.
