Economic calendar (Universal time)
Today, the most important economic calendar news was expected at 15:00 from the United States. Moreover, data on the consumer confidence index was already announced, as well as indicators on sales volumes in the primary housing market.
EUR / USD
Players on the downside continued to decline yesterday, but the previous activity has not yet been observed. The closest important reference point in this situation is the minimum extremum of 1.0989. On the other hand, resistance is a fairly wide zone, combining the levels of different time intervals 1.1030 (weekly short-term trend) - 1.1055 (daily cloud) - 1.1082 (daily Kijun + weekly Fibo Kijun).
GBP / USD
Yesterday, the players on the downside made a very successful attempt to reach all of the opponent's levels at the end of last week. Due to this, the pair returned to the area of 1.2882 levels (daily cross + lower border of the weekly cloud + monthly Fibo Kijun). At the same time, maintaining the current positions will return the relevance of testing the weekly cloud (1.2892-53), so now it is extremely undesirable for players on the downside to take positions and lose levels. To maintain further prospects, they need to update the lows of the sideways movement and current uncertainty minimum (1.2822 - 1.2768) as soon as possible.
In the lower halves, it can be observed how a weekly long-term trend leads the fight for the interests of players to lower. If the players on the downside can now continue to decline and update the last week's low (1.2822), then we can hope to realize the potential of the last week and reach new bearish prospects. If support comes in, for example, 1.2850 (classic Pivot level S1), and the pair fails to leave the correction zone, then when consolidating above the zone of key levels 1.2880 - 1.2901 (central Pivot level of the day + weekly long-term trend ) the balance of forces in the lower halves will change and the first significant resistance of the upper time intervals 1.2882 (daily cross + lower border of the weekly cloud + monthly Fibo Kijun) will be lost.
Ichimoku Kinko Hyo (9.26.52), Pivot Points (classic), Moving Average (120)
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