EUR/USD -- Needs to drop below 1.2215 to complete lower
highs, lower lows pattern
* 3rd resistance: 1.2422-17, March 28 high, trendline since Feb.
16
* 2nd resistance: 1.2353, April 20 high
* 1st resistance: 1.2328, 21-, 55-DMAs
* Spot: 1.2271
* 1st support: 1.2250, April 20 low
* 2nd support: 1.2215, April 6 low
* 3rd support: 1.2155, March 1 low
GBP/USD -- Price action past two weeks forms bearish
engulfing line, signaling a future bearish trend; tests support
from 55-DMA; DeMark sell countdown unfolds, TDST support at
1.3782
* 3rd resistance: 1.4244-45, March 27-26 double-top
* 2nd resistance: 1.4127, 21-DMA
* 1st resistance: 1.4091, April 20 high
* Spot: 1.4027
* 1st support: 1.4010, 55-DMA
* 2nd support: 1.3982, pivot s3
* 3rd support: 1.3966, April 5 low
USD/JPY -- Remains firmly bullish, extends rally within the
cloud; 55-DMA, conversion line support; currently at bar 5 of
possible 9 DeMark sell setup series on the weekly chart
* 3rd resistance: 108.44, 38.2% Fibonacci retracement of losses
since Nov. 6
* 2nd resistance: 108.19, pivot r3
* 1st resistance: 107.90, Feb. 21 high
* Spot: 107.82
* 1st support: 107.27, conversion line
* 2nd support: 106.83-84, 55-, 21-DMAs
* 3rd support: 106.62-70, series of lows this month
AUD/USD -- Retests cycle lows; bearish engulfing line on
the weekly as BBDXY rallies
* 3rd resistance: 0.7831, 38.2% Fibonacci retracement of losses
since Jan. 26 YTD high
* 2nd resistance: 0.7778, 55-DMA
* 1st resistance: 0.7715, 21-DMA
* Spot: 0.7673
* 1st support: 0.7652-55, April 9-20 low
* 2nd support: 0.7638-43, 78.6% Fibonacci retracement of gains
since December, March 29 low
* 3rd support: 0.7628, Dec. 14 low
Source: Bloomberg Pro Terminal
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