EURUSD Euro/dollar consolidated after the fall.
Euro/dollar started the new trading week on a positive note, corrected to the resistance around 1.0619. However, the pressure on the pair remains and in the short term it can test the psychological level of 1.0500. The ability to consolidate above, will give to the buul a hope on breakthrough of 1.0619 and testing of 1.0684. The pair is oversold, so the development of this scenario should not be excluded, so, to talk about the formation of the base is too early.
GBPUSD Pound/dollar has corrected to 1.4853.
On the fall of the pound/dollar to 1.4700, the profiteers have decided to lock in profits, that allowed a pair to recovered to the level of 1.4853. The breakthrough of this level will allow the bulls to test the 49th figure. Next resistance is located in the area of psychological level at 1.5000. Development of a large-scale correction currently seems unlikely. Falling below the 1.4800 will lead to testing of support in the 1.4750.
USDCHF dollar/franc has corrected below.
For the last day the situation for the dollar/franc has not changed. The bulls are not leaving their attempts to breakthrough above the resistance around 1.0100-1.0128, but without success. Kickbacks are limited by support at 1.0020-1.0000, the loss of which, would lead to a reduction in the area of 99th figure. Up to important events, scheduled for this week, the pair is likely will remain in the range.
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USDJPY Dollar/yen is stuck in a tight range.
Dollar/yen is stuck in a tight range, consolidating after growing to fresh highs. On the bottom side, the rate fluctuations of the pair are limited by support in the area of 121.00-120.66. Its breakhrough will lead to a further reduction and testing of 120th figures, the loss of which would call into question the ability of the dollar to continue to grow.
