EUR daily outlook

The estimated test of key supports for the implementation of pre-planned long positions has not been confirmed and activity parity of both parties marked by OsMA trend indicator as the result of previous trading day keeps preserving uncertainty concerning the choice of planning priorities for today

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EUR: Attempt longs at 1.4005; stop below 1.3800

Still consolidating under the increasingly important 1.4200 level but giving up very little room. Bullish momentum should increase slightly if we can hold above 1.3900 this week. Only a weekly close above 1.4200 will really get things going and another big round of short-covering

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USD/CHF Current Price: 1.0887

Neutral to slightly Bullish Hourly Sentiment is Seen as Price works through and Accumulating Range of 1.0798 Daily Static Support to 1.0913 Daily Static Resistance

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USD/JPY Current Price: 95.36

Neutral to Bearish Sentiment is seen with Price just entering a 20SMA/200SMA Bearish Hourly Cross, as the 20SMA is providing Dynamic Support with holding on the Daily Pivot @ 95.42.

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GBP/USD Current Price: 1.6443

Neutral to Corrective Bullishness is Seen, as Hourly Sentiment with Price finds a slight Reversal of the 20SMA/200SMA Hourly Bullish Cross with the 20SMA providing Dynamic Resistance Confluence at the 1.6482 Daily Pivot

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EUR/USD Current Price: 1.3992

Neutral to Bearish Sentiment is Seen as Price finds a Bounce from the 1.4000 Handle Static Support caught at the Daily Pivot/20SMA Dynamic Resistance Area

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