EURUSD
The Euro probes below 1.09 handle today on extension of Thursday’s sharp fall. Yesterday’s long red candle with long upper shadow signaled strong selling interest that resulted in today’s bearish continuation. Strong negative sentiment drove the pair below support at 1.0909 (24 June spike low), with fresh bearish acceleration eyeing 1.0820 target (lows of 10/02 March). Strong bearish stance was confirmed by yesterday’s close below 1.0937 (Fibo 61.8% of larger 1.0519/1.1614 ascend). Firm bearish setup of daily MA’s and widely opened 20d Bollinger Bands, support scenario.
Hesitation on approach 1.0800 zone could be anticipated, as Slow Stochastic is oversold and daily RSI is approaching oversold territory.
Immediate resistance lies at 1.0910, followed by session high at 1.0928, while former hourly base at 1.0950 offers strong resistance. Psychological 1.1000 barrier, reinforced by falling Tenkan-sen line, marks the first upper breakpoint.

Res: 1.0910; 1.0928; 1.0950; 1.1000
Sup: 1.0850; 1.0820; 1.0800; 1.0778

GBPUSD

Cable remains at the back foot, following upside rejection at 1.2330 (near-term congestion top) and subsequent easing that dipped t 1.2208 on Thursday (Fibo 61.8% of 1.2134/1.2330 upleg).
This marks solid support, above which, near-term consolidation is under way. Upside attempts were rejected at 1.2272 and fresh weakness is focusing 1.2208 support, loss of which will trigger further retracement of 1.2134/1.2330 rally and expose 1.2181 (Fibo 76.4%).
Daily chart bears are returning fully in play after false attempts above falling daily Tenkan-sen line and rejection above key near-term resistance at 1.2323. The pair is in red for the third day and threatening on extension to key near-term supports at 1.2134/1.2087 (17/11 Oct lows, which guard strong 1.2000 support) on firm break below 1.2200 handle.
Res: 1.2254; 1.2272; 1.2296; 1.2323
Sup: 1.2209; 1.2181; 1.2146; 1.2134

USDJPY
The pair eases from highs at 104.09/18, posted on Thursday / today, on fresh bullish acceleration above daily cloud. The action revived near-term bulls which were sidelined on past two-day probes below cloud top at 103.50. Daily cloud continues to underpin near-term action, with dips from 104.18 high, expected to find support at 103.50/32 zone (daily cloud top / yesterday’s low), before renewed attempts above 104.00 zone, which marks significant resistance.
Conversely, extended dips below 103.15 (Wednesday’s low) will sideline bulls, while break below 120.33/20 (daily Kijun-sen / cloud base) will be bearish.
Res: 103.97; 104.18; 104.35; 104.62
Sup: 103.50; 103.32; 103.15; 102.85

AUDUSD
Thursday’s sharp fall left long red daily candle, marking the strongest one-day loss since 13 Sep and generated strong bearish signal. The pullback on profit-taking after six straight days of gains that peaked near key short-term barrier at 0.7758, accelerated to 0.7618, where daily Tenkan-sen line offered temporary footstep. Subsequent corrective attempts were so far capped at 0.7650 zone, with prevailing negative tone on near-term studies, seeing risk of further weakness towards 0.7590 pivot (Fibo 61.8% of 0.7504/0.7732). Daily close below here will confirm an end of strong recovery rally and shift focus lower.
On the other side, hopes of fresh recovery attempts will remain alive while the price holds above daily Tenkan-sen line, however, lift above minimum 0.7660 (Fibo 38.2% of 0.7732/0.7616 pullback) is needed to confirm scenario.

Res: 0.7650; 0.7660; 0.7675; 0.7690
Sup: 0.7616; 0.7590; 0.7558; 0.7528

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