Intraday Forex Market Tuesday, June 30 (USDJPY, EURUSD, & etc.)


Hi everyone. This observation is made around 3:00 utc.

Stocks in Asia Pacific rose in Tuesday morning trade as China’s official manufacturing PMI for June came in above expectations, with China’s yuan held steady at 7.0683 per dollar following the announcement. Next, we'll look at USDJPY and EURUSD. Any discussion is welcomed.

  • Dollar climbed to 107.695, having touched its three-week high of 107.885, though it was capped by its 100-day moving average around that level.
  • The Stochastic and RSI indicators are closing into overbought range.
  • MACD is trading below its signal line and positive.
Important Levels to Watch for Today:
  • Resistance line of 107.885 and 108.822.
  • Support line of 106.692 and 105.995.

  • The euro stood at $1.1244, having gained a tad against the U.S. currency since yesterday.
  • Stochastic oscillator recovering from overvalued range, though the indicator still lingers around the range.
  • RSI indicator is steadies around the normal range of 50 value.
  • The MACD is trading above its signal line and positive. The configuration is positive.
Important Levels to Watch for:
  • Resistance line of 1.1349 and 1.1419.
  • Support line of 1.1146 and 1.0998.

I also does analysis for some other currencies. Read more on our website on TECHNICAL ANALYSIS and DAILY MARKET NEWS.


I love such reviews, because it is thanks to them that you can understand not only what is happening now, but also analyze the future state of the market and the price of the asset. Now many traders publish their reviews and it allows to look at familiar moments from the other side.