EUR/USD
Seen from the 4-hour chart, the EUR/USD pair shows a brilliant bullish pattern. However, the bullish sentiment has not increased which is reflected in the 1-day chart.Without sufficient bullish momentum, we are cautious of buying put options during the morning session. We can continue to buy put options if it slip to 1.1197, while call options can be purchased only it breaks through 1.1261.
Support:1.1212/1.1190/1.1175
Resistance:1.1261/1.1282/1.1324
GBP/USD
As the GBP/USD pair is in a bearish trend, but a big surge may occur at any time. Put options can be purchased with caution during the morning session and be ended at 1.5100. Seen from the 4-hour chart, a bottom deviation may occur with opportunity of buying call options at 1.5100 supportive level.
Support:1.5100/1.4890/1.4565
Resistance:1.5192/1.5239/1.5300
USD/JPY
The USD/JPY pair is in a bearish trend that provides opportunity of buying put options. Seen from the 1-hour chart, there can be a pullback during the morning session, so call options can be purchased with caution. We have no interest of buying call options until it breaks through 120.20.
Support:119.60/119.00/118.33
Resistance:120.20/120.80/121.20
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