The EURUSD maintained a bullish momentum yesterday , printed support at the 1.3736 levels , and topped at the 1.3810 levels . This development leaves the pair targeting the 1.3845 levels , a halt is likely , but a break would open 1.3900 next, further upside will aim the 1.3996 levels.

On the downside , main support comes at the 1.3736 levels , stability above this level will keep pushing to the upside , but losing the 1.3736 levels on a daily closing basis will open 1.3694 levels…

Recommendations: SHORT positions  below 1.3805 with 1.3750  & 1.3720 as next targets.

Alternative scenario: The upside breakout of 1.3805 will call for a rebound  to 1.3827/45.

Description: Intraday outlook in EURUSD remains on the downside as long as resistance 1.3805 holds on hourly basis, support comes at the 1.3750 levels , a break would open 1.3720 next, further downside will aim the 1.3690 levels. On the upside , a…

The USDJPY continued its bullish momentum last week , bottomed at the 102.78 levels , broke above the 103.42 levels and  topped at the 104.12 levels .As a result ; Outlook in USDJPY turns to the upside , note that as long as 100.74 holds , outlook will remain towards the 104.83 levels , that’s in general , to resume the upside offensive , sustained trading above the 103.42 is needed , If seen , focus will be on the 104.83 where a breach will challenge 105.43 levels , further upside will aim…

Outlook in GBPUSD remains neutral this week , support comes at the 1.6551  levels , a halt is likely , losing this level would open 1.6458 next , further downside will aim the 1.6382 levels . At this point I’d expect strong support from the 1.6382 levels to contain fall from the 1.6821 levels and bring rally resumption , sustained trading – weekly closing – below the 1.6382 will open 1.6132/1.6050 levels….

On the upside , resistance comes at the 1.6683 levels ,sustained trading above…