EUR/USD
EUR
The pair dropped again to trade below the key resistance support of the sideways correctional trend shown on the chart, indicating that the breakout might be false and the bearish move returned. Stochastic also reflects the negative trading for the pair.

The trading range for today is among key support at 1.2905 and key resistance at 1.3235.

The general trend over short term basis is negative targeting 1.1865 as far as areas of 1.3550 remain intact.

Support 1.3065 1.3030 1.3000 1.2975 1.2905
Resistance 1.3095 1.3120 1.3155 1.3170 1.3200
Recommendation Based on the charts and explanations above, our opinion is selling the pair below 1.3095 targeting 1.3000, 1.2975 then 1.2905 and stop-loss with four-hour closing above 1.3130 might be appropriate

GBP/USD
GBP
Despite the slight drop the pair is stable above key support levels of the downside move, as the pair is stable above 1.6065 levels representing 23.6% correction shown on the chart. Therefore, we remain positive.

The trading range for today is among the key support at 1.5910 and key resistance at 1.6265.

The general trend over short term basis is to the downside targeting 1.6875 as far as areas of 1.4225 remain intact.

Support 1.6100 1.6065 1.6020 1.6000 1.5975
Resistance 1.6165 1.6225 1.6265 1.6310 1.6360
Recommendation Based on the charts and explanations above, our opinion is buying the pair above 1.6100 targeting 1.6165, 1.6225 then 1.6265 and stop-loss with four-hour closing below 1.6020 might be appropriate

USD/JPY
JPY
The pair couldn`t maintain the upside move and now returned to the downside. This proves that the pair is probably moving within a harmonic technical formation as shown in the chart above, stability below 82.65 may extend the downside move.

The trading range for today is among key support at 81.45 and key resistance at 83.35.

The general trend over short term basis is to the upside at levels 75.20 targeting 87.45.

Support 82.00 81.80 81.60 81.45 81.25
Resistance 82.25 82.40 82.80 83.00 83.35
Recommendation Our expectations remain valid

USD/CHF
CHF
The upside move seen is alarming as it proves the beginning of the weakness of the bearish Butterfly Harmonic Pattern, and possible sign to the end of move toward targets. At the same time, we still cannot confirm it and expect a new upside move. Therefore, we remain neutral and cancel our recommendation at levels close to the entry level at 0.9275.

The trading range for today is among key support at 0.9130 and key resistance at 0.9395.

The general trend over short term basis is to the downside at levels 0.9775 targeting 0.8860.

Support 0.9275 0.9245 0.9200 0.9180 0.9160
Resistance 0.9305 0.9330 0.9370 0.9395 0.9420
Recommendation Our expectations are active but we will try to close the position near the entry level at 0.9275 due to mixed signals

USD /CAD
CAD
Over four-hour basis we see the pair stabilize below Linear Regression Indicators, and Relative Strength Index is trading below 50. Those signals keep our negative expectations valid yet we do not exclude possible volatility due to oversold signals on Stochastic.
The trading range for today is among key support at 0.9800 and key resistance at 1.0040.

The general trend over short term basis is to the downside at levels 1.0125 targeting 0.9400.

Support 0.9900 0.9880 0.9855 0.9825 0.9800
Resistance 0.9930 0.9950 0.9980 1.0000 1.0040
Recommendation Based on the charts and explanations above, our opinion is selling the pair below 0.9930 targeting 0.9855, 0.9805 then 0.9735 and stop-loss with four-hour closing above 1.0000 might be appropriate

AUD/USD
AUD
The downside move is still limited above the Linear Regression Indicators, and the bearish move is a response to the negativity shown on the pair’s momentum reflected by Momentum Indicators. We hold onto the positive expectations as the pair stabilizes above 1.0390 levels supporting the possibility of forming the double harmonic technical formation shown on the chart.

The trading range for today is among key support at 1.0370 and key resistance at 1.0565.

The general trend over short term basis is to the downside below levels 1.0710 targeting 0.9400.

Support 1.0450 1.0430 1.0410 1.0390 1.0370
Resistance 1.0485 1.0505 1.0530 1.0565 1.0615
Recommendation Our expectations remain valid

NZD/USD
NZD
The pair is fluctuating in levels near the key support of the sideways trend shown on the chart. In fact, we remain neutral awaiting confirmation of breaching the resistance level referred to supporting a new bullish move, or confirmation of breaching 0.8230 to revive the bearish momentum again.

The trading range for today is among key support at 0.8135 and key resistance at 0.8355.

The general trend over short term basis is to the upside above 0.7930 targeting 0.8400.

Support 0.8255 0.8230 0.8205 0.8190 0.8160
Resistance 0.8270 0.8285 0.8305 0.8355 0.8385
Recommendation Based on the charts and explanations above, our opinion is selling the pair with four-hour closing below 0.8230 targeting 0.8200, 0.8160 then 0.8135 and stop-loss pair with four-hour closing above 0.8285 might be appropriate