EURUSD Daily Pivots
| R3 | 1.2563 |
| R2 | 1.2542 |
| R1 | 1.2504 |
| Pivot | 1.2483 |
| S1 | 1.2445 |
| S2 | 1.2425 |
| S3 | 1.2386 |
 
EURUSD looks set for a decline after a brief rally back to the main support/resistance level at 1.252. With the pair trading weaker early into today’s trading session; we could possibly expect a small rally towards the daily pivot before we can see more declines towards the initial support at 1.3695
USDJPY Daily Pivots
| R3 | 118.63 |
| R2 | 118.258 |
| R1 | 117.982 |
| Pivot | 117.61 |
| S1 | 117.334 |
| S2 | 116.962 |
| S3 | 116.686 |
USDJPY rallied early on during today’s trading session but price is currently near the short term resistance level of 118.332. Failure to break above this level could see a possible decline towards 117.826 short term support/resistance level followed by a further decline to the daily pivot and the major technical support. Alternatively, a break above the resistance at 118.332 could yet again see USDJPY possibly looking to make fresh highs.
GBPUSD Daily Pivots
| R3 | 1.5911 |
| R2 | 1.5867 |
| R1 | 1.5802 |
| Pivot | 1.5759 |
| S1 | 1.5692 |
| S2 | 1.565 |
| S3 | 1.5583 |
GBPUSD broke out from the ranging bottom to rally to the previous support at 1.58144 to test for resistance. With the declines now underway the Cable is back into the consolidation price zone. However, the minor rising support trend line will offer clues for either a bounce back higher or a break below could see GBPUSD fall back to the major falling trend line.
