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Economic calendar (Universal time)
The economic calendar for 12/06/19 contains a lot of various statistics, although the volume of the data is not particularly important. Nevertheless, the current day is the first Friday of the month - non-farm time. Thus today, there are still important mandatory indicators on the calendar that can significantly affect movement.
13:30 unemployment rate (USA)
13:30 change in the number of employees in the non-agricultural sector (USA)
EUR / USD
The pair could not leave the previous day despite the fact that the last day passed under the sign of players on the upside. As a result, the maximum extremum of 1.1116 remains an important stage in the development of bullish sentiments and advantages, and consolidation and work within the past which already established movement will most likely dominate in the near future. Today, the zone of support and attraction has not changed its location - 1.1082 (weekly Fibo Kijun + daily medium-term trend + upper boundary of the daily cloud) - 1.1060-50 (weekly Tenkan + daily levels) - 1.1030 (lower boundary of the daily cloud).
In the lower halves, the advantage is on the side of the players on the upside. Now, the only weakening factor is the pair being in the correction zone. Updating the maximum (1.1116) and leaving the correction zone will open the way to the following upward orientations. Inside the day, the classic pivot level R3 (1.1146), which, incidentally, is strengthened by important levels of the upper time intervals (1.1145 monthly Tenkan + 1.1145 weekly Kijun), claims to play this role today. On the other hand, the most significant support that can affect the distribution of forces in this situation are located at 1.1096 (central pivot level) and 1.1065 (weekly long-term trend).
GBP / USD
The pair reached the zone of influence of the monthly medium-term trend (1.3167). This level is a strong resistance that can affect the further nature of the movement. Therefore, it is necessary to have at least some (daily, weekly) results of the pair's interaction with the resistance encountered in order to consider the possibilities of the subsequent development of events in a given place. Moreover, the support zone is still of little relevance today, as it is located at a considerable distance from the price chart 1.012 - 1.2939 - 1.2882 (past maximum extreme + weekly cloud + daily cross + monthly Fibo Kijun).
At the moment, on H1, the main advantage is still on the players' side on the upside, despite being in the correction zone and bearish preferences of technical indicators, which are probably already tired of being in the oversold zone. The upward reference points within the day are the resistance of the classic Pivot levels. Today, they are at 1.3180 - 1.3205 - 1.3245. Now, the most significant support is 1.3140 (central Pivot level) and consolidating below can strengthen the bearish mood and form the prerequisites for a full correction. In turn, the key level (1.3015), which corresponds to H1 for the weekly trend, is located very far from the price chart, which is outside the daily range of movement indicated by the classic pivot levels. Therefore, it is unlikely that it will come into operation in the near future.
Ichimoku Kinko Hyo (9.26.52), Pivot Points (classic), Moving Average (120)
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