EUR / USD

The influence and attraction of such strong levels as the monthly medium-term trend (1.1245) and the weekly long-term trend (1.1225) continue to affect the current situation, hindering the development of directional movement. Working below these levels increased the chances of bears. On the other hand, consolidating and working above levels increases the chances of players to increase for the continuation of the upward movement. Among the further upward pivot points, one can now note the nearest extremum (1.1349) and resistance in the area of 1.1389 - 1.1422 (monthly Fibo Kijun + correction maximum). Work in the zone of attraction and influence of levels 1.1225-45 will remain uncertain and contribute to consolidation.

At the lower time intervals, the uncertainty of the higher halves and the force of attraction of the levels led to the fact that the key levels on H1 joined forces and took an almost horizontal position. Today, they are located at 1.1237-33 (central Pivot level + weekly long-term trend). Trading above levels provides advantages for players to increase, which we are currently observing. The reference points for continuing the rise within the day are the resistance of the classic Pivot levels - 1.1289 (R1) - 1.1327 (R2) - 1.1379 (R3). On the other hand, lowering and consolidating below key levels gives the advantages and initiative to players to decline. The downward trends within the day are located today at 1.1199 (S1) - 1.1147 (S2) - 1.1109 (S3).

GBP / USD

Players to increase, who were able to turn their problem into something good in June, remain active the first days of the new month. The nearest upward pivot points in the current situation can be noted at 1.2523-28 (daily Kijun + weekly Fibo Kijun), then 1.2591 (the final boundary of the daily dead cross). The attraction is still exerted by the accumulation of levels in the region of 1.2440-60 (weekly Tenkan + monthly cross), and support can be noted at 1.2397 (daily Tenkan) - 1.2312 - 1.2288 (daily cloud + weekly Kijun).

At the time of analysis, the support of all technical instruments analyzed on H1 is on the side of the players on the rise, who develop an upward movement. The resistance of the classic Pivot levels can be noted at 1.2522 - 1.2570 - 1.2652. The key support, in the case of a downward correction, will meet the pair at 1.2440 (central Pivot-level of the day) and 1.2378 (weekly long-term trend). A consolidation below will affect the current balance of forces and will serve to strengthen the players on the decline.

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