Fx Signals Factory

Today Market Levels

USD/JPY
Upwards scenario: Any upside actions looks limited now to resistive measure at 112.09 (R1). Only clearance here would enable further uptrend formation towards to higher target at 112.40 (R2). Last resistance is settled at 112.70 (R3) today. Downwards scenario: Next support level is seen at important fractal level at 111.77 (S1) and price is required to overcome first. Successful retest here would suggest lower targets at 111.47 (S2) and 111.18 (S3) in potential.

Resistance Levels: 112.09, 112.40, 112.70

Support Levels: 111.77, 111.47, 111.18

GBPUSD
Upwards scenario: On the upside, next on tap is seen resistance level at 1.3107 (R1). Loss here would suggest next targets at 1.3133 (R2) and 1.3158 (R3) if the pair resume an ascending structure, initiated today. Downwards scenario: On the other hand, instrument looks overbought and correction formation would be reasonable in near term perspective. Next support level is seen at 1.3079 (S1), break here is required to validate our intraday targets at 1.3054 (S2) and 1.3030 (S3) in perspective.

Resistance Levels: 1.3107, 1.3133, 1.3158

Support Levels: 1.3079, 1.3054, 1.3030

EUR/USD
Upwards scenario: Next barrier on the upside lies at 1.1323 (R1). Surpassing of this level might enable our initial target at 1.1354 (R2) and any further gains would then be limited to last resistive structure at 1.1385 (R3). Downwards scenario: On the other hand, successful retest of our next support level at 1.1292 (S1) might provide sufficient momentum for the price acceleration towards to interim target at 1.1261 (S2). Final aim for today locates at 1.1229 (S3).

Resistance Levels: 1.1323, 1.1354, 1.1385

Support Levels: 1.1292, 1.1261, 1.1229

Upwards scenario: USDJPY remains downwards oriented on the hourly chart with possible upwards extension ahead. Actual resistance level is seen at 111.26 (R1), loss here is required to enable next intraday targets at 111.51 (R2) and 111.74 (R3). Downwards scenario: Risk of possible market easing is seen below the key support level at 110.97 (S1), provided by the local low. Loss here would suggest next intraday target at 110.72 (S2) and then final aim could be exposed at 110.47 (S3) later on today.

Resistance Levels: 111.26, 111.51, 111.74

Support Levels: 110.97, 110.72, 110.47

Upwards scenario: Fractals level at 1.1283 (R1) offers a key resistive measure on the upside. Break here is required to enable bullish pressure and validate next target at 1.1308 (R2). Final resistance today locates at 1.1333 (R3) price level. Downwards scenario: On the other hand if the price failed to gain momentum on the upside we expect to see clearance of our next support level at 1.1255 (S1). Our intraday targets locates at 1.1232 (S2) and 1.1209 (S3).

Resistance Levels: 1.1283, 1.1308, 1.1333

Support Levels: 1.1255, 1.1232, 1.1209

Upwards scenario: On the upside, clearance of our next resistance at 1.3092 (R1) is required to open way towards to next target at 1.3139 (R2). Last resistance level for today is seen 1.3186 (R3). Downwards scenario: Next support level is seen at 1.3035 (S1). Break here is required to clear the way towards to next target at 1.2986 (S2). Final support for today is seen at 1.2935 (S3).

Resistance Levels: 1.3092, 1.3139, 1.3186

Support Levels: 1.3035, 1.2986, 1.2935

GBP/CAD Sell @: 1.74858
SL: 1.75858
TP: open