EUR/USD

Maintains near-term negative tone as the latest leg lower from 1.4496 broke below bear channel off 1.4695, 07 June high, to test levels below 1.4100. Overnight’s lower high at 1.4200 offers immediate resistance for corrective attempt on oversold near-term studies, with 1.4300/20 zone expected to cap. On the downside, next targets lie at 1.4012/00, with attempt at key support at 1.3968 seen on a break

Res: 1.4155, 1.4200, 1.4256, 1.4300
Sup: 1.4067, 1.4012, 1.4000, 1.3968




GBP/USD

Upside rejection at 1.6440 has triggered sharp decline through 1.6240, triangle support and 1.6215, 10 June low, also losing 1.6200 handle, to accelerate losses close below 1.6100, just ahead of key support at 1.6057, 24 May low and recent range floor. Break here would weaken the broader structure and confirm short-term top at 1.6745. On the upside, immediate resistance lies at 1.6220, while 1.6300 zone is expected to limit current corrective action on oversold hourly / 4-hour conditions.

Res: 1.6167, 1.6200, 1.6215, 1.6224
Sup: 1.6077, 1.6057, 1.6000, 1.5970




USD/JPY

Near-term price action off 79.68/80.00 cleared strong barrier at 80.70, also trendline off 82.20, to reach 81.05 high thus far, ahead on pullback, as near-term studies entered overbought zone. Support zone at 80.50/40, 20 day MA / yesterday’s low, has so far contained dips, with break above 81.05 sought for resumption of uptrend from 79.68, to target 81.76/82.20 next. The current hesitation just under 81.00 barrier may signal fresh weakness, with loss of 80.50/40 to weaken near-term structure and open 80.00/79.68 instead.

Res: 80.92, 81.05, 81.31, 81.76
Sup: 80.50, 80.37, 80.20, 80.00





USD/CHF

Steady recovery from 0.8325/45 low, extended gains to test key near-term barrier at 0.8544/50 zone. Current corrective/consolidative phase on overbought near-term conditions, should be contained at 0.8480/50 support zone, also Fib 50%, to maintain near-term bulls. Clearance of 0.8550 would open way for fresh extension higher and target 0.8600/60 next. On the downside, potential loss of 0.8450, also 20 day MA, would risk fresh weakness below 0.8400 and likely signal an end of recovery phase.

Res: 0.8550, 0.8600, 0.8660, 0.8700
Sup: 0.8466, 0.8455, 0.8440, 0.8418