Eurusd pair continues gains towards the 1.4000. However daily studies reached the overbrought conditions. Suggesting that a short-term corrective pullback could take place from current. Levels back towards 1.3500 level, from there I expect to see a bullish resumption, still a break below this area would trigger a deeper setback towards 1.3216 55 Day moving Average the psychological 1.3000. / 1.3050 support area ahead of the 200DMA
GBPUSD: Failed to reached 1.5900 and drop sharply on Friday crashing through the weekly pivot @ 1.5747 and 55DMA on the 4hr time frame. Bears take a grip and may continue to push the sterling down toward 1.56175 and key lows of 1.5413/1.5265
Audusd: trading @ the weekly pivot @ 1.04131
Stuck in the middle of the 50DMA and the 200DMA slightly more bearish on the daily
But with a bullish engulfing on the 4hrs we could so a strong move towards 1.05290 however this can only take place if 1.04665 Resistance is taken out which is also ahead of the 50% fib swing from low 24 dec to jan 10 swing high
So lets see
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