EUR/USD outlook no changes to technical, after prices moved sideways without a clear direction and momentum for EURUSD, endure under the area of 1.3145 – 1.3165, short term technical bias is still bearish as part of the outlook is bearish since penetrated down bullish channel last week, but from a wider point of view, the price is still stuck in range area 1.3000-1.3485 in 10 last weekend. To move up, break into area 1.3165 can trigger a bullish correction toward areas resistant 1.3245. For movements down, we need to break down to 1.3000 area support a bearish scenario melanutkan area towards 1.2900.
GBP/USD Bias still neutral in the short term. Prices have been moving sideways since Monday without a clear direction and momentum. The bearish scenario false breakout is still valid but needs to break down strong support in the area of the bearish scenario 1.5770 to continue towards the area of 1.5700. Nearby there are around resistant area 1.5930 which is 50% Fibonacci retracement level, to break back into the area could trigger further bullish pressure to back test area 1.5995.
USD/JPY bullish Bias in wanton short still test area before heading to 81.85, strong in the area of 82.55 resistant, however we need a consistent break up area 81.20 to trigger advanced bullish momentum. To move down, the nearest support is all around area 80.60, break it back down the area can bring prices toward the neutral zone in the short test area 80.00.
XAU/LOCO Bias is neutral in the short term, it would break up the ar ea 1665 to change the bias to be bullish toward the area 1670-1675. While the stochastic overbought bearish correction may also trigger area to 1654.
HANGSENG INDEX as shown in the 4 hour chart, hang send are in a bullish correction phase towards a return to the area before the test area 20395 20530. In kesleuruhan, we still prefer the bearish bias as long as price moves in the channel on the 4 hour chart a bearish, break down 20000 will add pressure bearish toward the area 19740.
The NIKKEI INDEX Nikkei are still in a phase of correction bullish toward the area 8560, break up this area can be a threat to the current bearish outlook to test area 9685. Nearby there are in the area Support p09735, break down these areas right towards area 9270 or even 9160.
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