FXstreet.com (Barcelona) - UBS analysts have issued their technical views on a range of leading pairs.
EUR/USD: They are neutral and feel that the risk is for more upside in the near-term and they see the next main area of resistance at 1.3172. They see support at 1.2883 ahead of 1.2802.
USD/JPY: Again they are neutral and see resistance ahead at 80.14 ahead of 80.62. They note support at 79.16 ahead of 78.88.
GBP/USD: The team are neutral on Cable and see resistance at 1.6158, with a break higher opening the way to 1.6217. Below they see support at 1.6007 ahead of 1.5912.
USD/CHF: The only pair with a directional view is USD/CHF. The team are bearish and believe that key support lies at 0.9215 with a break below extending the bear trend. They see resistance at 0.9387.
EUR/USD: They are neutral and feel that the risk is for more upside in the near-term and they see the next main area of resistance at 1.3172. They see support at 1.2883 ahead of 1.2802.
USD/JPY: Again they are neutral and see resistance ahead at 80.14 ahead of 80.62. They note support at 79.16 ahead of 78.88.
GBP/USD: The team are neutral on Cable and see resistance at 1.6158, with a break higher opening the way to 1.6217. Below they see support at 1.6007 ahead of 1.5912.
USD/CHF: The only pair with a directional view is USD/CHF. The team are bearish and believe that key support lies at 0.9215 with a break below extending the bear trend. They see resistance at 0.9387.
