EURUSD
The Euro eases from the peak of strong four-day recovery at 1.1277, where rally found strong resistance (Fibo 76.4% of 1.1325/1.1122 / former highs of 15/09 Sep). Pullback found footstep at 1.1234 (lower Bollinger band of hourly chart, reinforced by 30SMA / daily Kijun-sen line), which is expected to ideally contain dips.
Overall bullish structure is supported by firm bullish setup of daily MA’s and favors fresh attempts higher. Lift above 1.1280 zone is needed to open key near-term barrier at 1.1325 (peak of 08 Sep).
However, overbought Slow Stochastic signals extended consolidation and possible deeper correction. Fresh weakness would expose next good support at 1.1218 (Fibo 38.2% of entire 1.1122/1.1277 recovery / hourly higher base), which lies just above pivotal 1.1192 support (23 Sep low and hourly trough).
Reversal below 1.1200 support (daily Tenkan-sen) will be bearish.

Res: 1.1280; 1.1325; 1.1365; 1.1403
Sup: 1.1234; 1.1218; 1.1200; 1.1170

GBPUSD

Strong support is forming at 1.2913 (Friday/Monday lows) where recent weakness found footstep, ahead of today’s bounce. Fresh recovery action generated bullish signal on recovery from 1.2913 double-bottom, but gains so far failed at strong 1.3000 resistance zone, which was cracked on extension to 1.3007 (session high).
Near-term studies are in neutral/negative mode and see limited upside action, while daily technicals remain in firm bearish mode and see scope for final push towards post-Brexit lows at 1.2864 and 1.2795.
However, prolonged consolidation could be expected while the price holds within 1.2913/1.3000 range.
Only firm break above 1.3000 barrier would signal extended correction and expose key barriers at 1.3080 zone (daily cloud base / upper boundary of bear-channel from 1.3443 peak).
Res: 1.2985; 1.3007; 1.3040; 1.3080
Sup: 1.2947; 1.2913; 1.2864; 1.2795

USDJPY

The pair showed strong hesitation at 100.00 support zone which was retested today, after Monday’s strong fall that left long red daily candle. Immediate downside risk was sidelined by bounce to 100.97, however, rally stalled on approach to near-term pivots at 101.06 and 101.23.
Overall strong bearish structure is signaled by firm negative alignment of daily Ichimoku studies, as well as bearish setup of daily MA’s and indicators which maintains downside pressure.
Extended consolidation above 100.00 support (where near-term base is forming and is reinforced by bull-trendline off 24 June post-Brexit low) might be likely near-term scenario before fresh attempts through 100.00, towards next targets at 99.52 and 98.98.
Alternative scenario requires firm break above 101.23 (23 Sep lower top) for stronger correction towards 101.41 (falling Tenkan-sen) and 101.73 (Fibo 61.8% of 102.77/100.06 downleg) in extension.
Res: 100.97; 101.23; 101.73; 102.11
Sup: 100.23; 100.00; 99.52; 98.98

AUDUSD
Fresh strength that emerged after three-day consolidation signaled resumption of larger uptrend and extended gains near round-figure 0.7700 barrier so far. Rally extended above daily cloud top at 0.7629, around which the price traded in past couple of sessions, turning it to strong support. Near-term focus turns towards key barriers at 0.7730 (08 Sep high) and 0.7758 (peak of 11 Aug), as completion of short-term corrective phase from 0.7758 to 0.7440 would open way towards key med-term barrier at 0.7833 (24 Apr recovery peak).
Firm bullish setup of daily technical studies supports scenario, with corrective dips expected to hold above strong supports at 0.7629 (daily cloud top) and 0.7600 (near-term consolidation floor).

Res: 0.7633; 0.7651; 0.7672; 0.7730
Sup: 0.7672; 0.7629; 0.7600; 0.7585

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