EURUSD Daily Pivots
| R3 | 1.2537 |
| R2 | 1.2513 |
| R1 | 1.2473 |
| Pivot | 1.2449 |
| S1 | 1.2409 |
| S2 | 1.2485 |
| S3 | 1.2345 |
 
Having broken below the two minor rising trend lines, EURUSD could possibly look towards testing the major support at 1.23695, so long as any upside gains are capped near the daily resistance 1 level. A break above the high of 1.2489 could possibly see the EURUSD rally back to the major support/resistance level near 1.2527 level with a good probability of even breaking the major support/resistance level.
USDJPY Daily Pivots
| R3 | 120.15 |
| R2 | 119.458 |
| R1 | 119.087 |
| Pivot | 118.395 |
| S1 | 118.024 |
| S2 | 117.332 |
| S3 | 116.961 |
A daily close above 118.974 is essential to see any further gains in USDJPY. The hourly charts however show some weaknesses at this point in time. Price is still trading above the major rising support trend line and as long as this trend line holds, USDJPY could possibly eye 118974 and beyond. However, a break of this trend line could see a test down to the daily pivot level at 118.395 – 118.33.
GBPUSD Daily Pivots
| R3 | 1.5822 |
| R2 | 1.5781 |
| R1 | 1.5699 |
| Pivot | 1.5658 |
| S1 | 1.5576 |
| S2 | 1.5535 |
| S3 | 1.5453 |
After rallying out from the consolidation price zone, GBPUSD promptly fell back to the lower end of the consolidation range, settling back below the falling trend line. A daily test to the region of 1.5688 is on the cards. A failure to break above the rising trend line could possibly indicate renewed weakness in the Cable, targeting the lows of 1.5485.
