Economic calendar (Universal time)
The most significant indicators of the economic calendar are expected today at 13:30 - the basic index of retail sales (USA) and the change in the volume of retail trade (USA).
EUR / USD
Players on promotion do not abandon attempts to achieve something more. Their interests now rest against the resistance of the daily dead cross (1.1172 final line + 1.1152-45 Tenkan - Kijun), strengthened by the monthly short-term trend (1.1145). The opportunity to consider further plans and upward prospects will appear only after a reliable breaking through of these resistances. In the meantime, this rise has the properties of a retest, a return to the levels passed the day before, with a concentration of forces to break through the resistance encountered in the form of a weekly cross and a day cloud (1.1110 - 1.1065 - 1.1022).
On the other hand, there is a discrepancy in the preferences of the analyzed technical instruments in the current movement. The key support is now defending the bullish interests at 1.1144 (central Pivot level) and 1.1126 (weekly long-term trend), while the subsequent upward orientations in the form of resistance of the classic Pivot levels are located today at 1.1168 - 1.1188 - 1.1212 . The loss of support, reinforced by the active majority of technical indicators, will contribute to the return and increase of bearish sentiment. The main task for which will be the restoration of a downward trend (1.1085).
GBP / USD
Meanwhile, braking from the meeting of the upper border of the daytime cloud (1.2989) continues. As a result, the pair is developing a slow corrective rise to the resistance of the daily short-term trend (1.3082). Thanks to this, the situation does not change much in its conclusions and expectations. Now, subsequent resistances are located at 1.3137 - 1.3171 - 1.3209, while support remains at 1.2920 - 1.2882 - 1.2785.
Players on the upside managed to rise above key levels of the lower halves of 1.3020-27 (central Pivot level + weekly long-term trend). Using them as support can now strengthen bullish positions. Today, upward milestones within the day are 1.3056 - 1.3078 - 1.3114. Now, loss of support will return the pair to the afternoon cloud, making the bears' main goal to be fixed in it. Support for the classic pivot levels within the day are located at 1.2998 - 1.2962 - 1.2940 today.
Ichimoku Kinko Hyo (9.26.52), Pivot Points (classic), Moving Average (120)
