Intraday Forex Tuesday, August 11 (USDJPY, EURUSD, & etc.) Economic data puts the EUR and the U.S. dollar in focus as U.S. — China tension lingers.

[USDJPY]

  • The Japanese yen rose to 105.56 per dollar.
  • Both Stochastic and RSI oscillators entered undervalued ranges.
  • The MACD is trading below its signal line and negative. The configuration is negative.
  • Resistance line of 106.087 and 106.538.
  • Support line of 104.569 and 104.172.
USDJPY

[EURUSD]

  • The euro changed hands at $1.1744 having eased in previous trade.
  • Stochastic entered the overvalued range of 80.
  • RSI oscillator steadies around normal range of 50 after a pullback from undervalued range.
  • The MACD is trading above its signal line and negative.
  • Resistance line of 1.19344 and 1.20193.
  • Support line of 1.16597 and 1.15749.
EURUSD

[USDCHF]

  • Against the safe-harbour Swiss franc, dollar teetered at 0.9154.
  • Stochastic oscillator verge on toward undervalued range of 20 value.
  • RSI oscillator steadies around normal ranges of 50.
  • The MACD is trading below its signal line and positive.
  • Resistance line of 0.92132 and 0.92599.
  • Support line of 0.90702 and 0.89595.
USDCHF

[GBPUSD]

  • The British pound was at $1.3082 after hitting a five-month high of $1.3185 last week.
  • Stochastic oscillator entered overvalued range of 80.
  • RSI indicator also pulled towards the overvalued ranges of 70.
  • The MACD is trading above its signal line and positive. The configuration is positive.
  • Resistance line of 1.31507 and 1.32787.
  • Support line of 1.29926 and 1.28647.
GBPUSD

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