EURUSD remains bullish
The EURUSD price is attempting to break the current resistance zone at 1.1950 to gain traction and test the recent peak. On the chart, the Euro moved over 100 pips in the past few sessions as traders looked for a lift. A sharp fall below 1.1900 would attract momentum sellers and possibly send the pair towards the monthly low at 1.1600. As the RSI drifts towards the neutral area, buyers could see a pullback as an opportunity, with a break higher to test the 1.2000 high.
USDJPY testing double bottom
The dollar continued its decline as sellers look for a full reversal lower. The recent downturn below 153.00 could signal a consolidation phase, though short-term volatility cannot be ruled out. A break below 152.00 would target 151.40, forcing intraday bulls to reconsider their positions. A close above 155.00 is needed to alleviate the downward pressure and possibly send the pair towards last week’s peak.
Nas 100 remains choppy
The Nasdaq remains bullish even after a slide. The recent rally could gain further traction if prices hold onto the 25400 level. Strong momentum is a sign that bears are staying on the sidelines. Now approaching the psychological 25000 area, this could, at least in the short term, act as support. If we see any sign of exhaustion, this will bring 24500 back into play with 26200 waiting for another test higher.
