EUR/USD Daily
Intraday trade consolidative but the bullish breakout of 7-week triangle last session is keeping focus on the upside with the projected objective of this formation targeted at 1.1270 , using the widest part of this triangle as measuring yardsticks. [W.T]
USD/CHF Daily
Sharp decline below 1.0110 support last session , enforced by the negative cross-over seen on daily MACD are turning pressure towards downside and slip of 0.9988 low set prior session will trigger extension to 0.9959 then 0.9929. [W.T]
USD/JPY Daily
Intraday trade consolidative but the sharp decline last session with the break of 117.66 support , enforced by the negative stance seen on daily tools are helping bears regain footing and shifting focus lower towards next target at 115.98. Shorts favoured. [W.T]
EUR/CHF Daily
Lack of corrective pullback is helping bulls turn pressure towards the 1.1166 high and need a sustained lift above latter to resume uptrend to 1.1200 ahead of the 50% retracement mark at 1.0256. Only setback below 1.1100 support to trigger pullback. [W.T]
GBP/USD Daily
Sharp move above 1.4446 resistance last session, supported by the positive stance seen on daily tools are setting more upside potential with focus shifting higher to the 50-day MA line at 1.4714 then 1.4786. Intraday dips to attract buyers. [W.T]
EUR/GBP Daily
Bears failed to take out the .7526 support last session and rebound towards closing in the appearance of a Hammer is easing downside pressure as trade shifted into consolidation. Lift above .7623 hurdle will trigger further gain to .7666 then .7756. [W.T]
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