GBPUSD continues to fall
The pound remained in a bearish rally as price action continued to collapse. On the chart, the pair is still pushing for support towards the multi-month low of 1.3150. The latest bounce stalled around 1.3180 as traders await the next signal. A break lower at the said 1.3180 level would confirm a continuation with 1.3100 as the next target. On the flip side, a push above the psychological level of 1.3300 could show that buyers are back in the market.
EURJPY bounces back
The Euro continues to drop as the fallout from the ongoing global conflict weighs on the Eurozone. The pair has found support after stopping the rot at 182.70, but that might not deter bears, as bids emerged to push the price towards 182.00, suggesting the near-term sentiment remains downbeat. However, with the RSI oversold, sentiment could swing, with 183.60 a fresh target, and a close above that area could trigger a turnaround.
US 30 tests critical resistance
The Dow Jones today looks for the next move after the recent stock market sell-off cooled. On the chart, the index is struggling to hold onto its recent gains amid a brief consolidation. A break back below 45000 would cause a retest of the lower band of the current consolidation at 44900. A break below this major floor would force investors to look at their positions, possibly triggering a broader sell-off. 45600 is the immediate resistance if buyers start to re-enter the market.