Technical Analysis for Major Currencies

Technical Analysis for Major Currencies EUR/USD

The pair failed to confirm stability below 1.3590 during the downside attempts yesterday, as it remained stable above the minor support 1.3560 levels. Therefore, trading remained within the ascending channel showing on graph, and the bullish possibility remains valid if the pair didn’t break 1.3520 levels.
Stochastic and Linear Regression Indicators are negative and MACD is trading below line 50 which is negative, so we will reverse to negativity if the pair broke 1.3520 directly. As long as the pair stabilized within the ascending channel, we are forced to remain neutral based on the technical analysis rules.
Support: 1.3590, 1.3560, 1.3520, 1.3500, 1.3470
Resistance: 1.3665, 1.3700, 1.3715, 1.3745, 1.3775
Recommendation Based on the above, buy the pair above 1.3600 targeting 1.3665, 1.3715 then 1.3745 and stop-loss below 1.3560, If the stop-loss was triggered, sell the pair below 1.3560 targeting 1.3520, 1.3500 then 1.3420

Technical Analysis for Major Currencies GBP/USD

Several attempts to the downside and to break the key support of the ascending channel, and till now the pair is attempting to confirm breaking this support. We will wait to break 1.6310 to support the negative outlook and cancel positivity referred to yesterday.
By examining the technical indicators, we notice clear negativity on Linear Regression Indicators, as RSI is trading in a downside move below line 50.
Support: 1.6310, 1.6260, 1.6205, 1.6165, 1.6100
Resistance: 1.6365, 1.6405, 1.6465, 1.6515, 1.6550

Recommendation Based on the above, sell the pair by breaking 1.6310 targeting 1.6260, 1.6205 and 1.6165, stop-loss above 1.6405

Technical Analysis for Major Currencies USD/CHF

USDCHF moved higher yesterday, however he price found resistance at the 78.6 retracement level of the latest bearish wave shown on the hourly chart above. The price formed a series of bearish candles at the aforementioned retracement level, and accordingly, we look for a intraday downside pullback.
Support: 0.9050, 0.9025, 0.9005, 0.8985, 0.8965
Resistance: 0.9085, 0.9125, 0.9150, 0.9185, 0.9200

Recommendation Short below 0.9090, targets at 0.9060 and 0.9030. Stop loss above 0.9115

Technical Analysis for Major Currencies EUR/JPY

The pair is trading positively since the kick-start of the session today, trading above 142.25 yet consolidating below 143.15 is holding the downside correction pressure, eying mainly 140.15 areas. The downside move is still favored today as far as the pair holds below 142.25 once again alongside the stability below 143.15.
Support: 142.25, 141.50, 140.90, 140.15, 139.60
Resistance: 143.15, 143.55, 144.05, 144.75, 145.15

Recommendation Based on the above, sell the pair below 142.25 targeting 141.50 then 140.15 and stop-loss above 143.15