GBP/USD reached down to 1.3000

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, the GBP/USD broke the support of the previously drawn ascending channel pattern and the combined technical support of the 200-hour simple moving average and a pivot point near 1.3030.  

By the middle of the day's London trading session the pair was about to test the support of the weekly S1 at 1.2997 and the psychological support that the 1.3000 level provides.

If this level gets passed, the rate could fall down to the 1.2940 level, where a Fibonacci retracement level is located at.
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Wed, 08 May 2019 11:11:45 GMT

USD/JPY drops to 110.00

The USD/JPY has reached the 110.00 level. On Wednesday the support of the 110.00 level and the weekly S3 were keeping the rate from falling. In general, there were two short term scenarios most probable for the pair.  

Wed, 08 May 2019 11:03:32 GMT

EUR/USD ignores support levels

On the hourly chart the EUR/USD had made a big dip down to the 1.1170 level. During the move it revealed that the various technical support levels have only minor strength. Namely, they are not strong enough to keep the pair from falling.

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