EURO, JAP YEN and EURO-YEN
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Our comments on Dollar-Swiss, Sterling Pound and Australian Dollar are given below
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USD-CHF @ 1.1943/48...Remains little changed
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R: 1.1955-74 / 1.2040-80 / 1.2131
S: 1.1924-23 / 1.1838-32 / 1.1735-16
During the European session Swiss has moved little. It has been finding difficult to break the 21-SMA (1.1833) on the daily on the downside and to break past the Resistance at 1.1977 on the upside. Potentially is waiting for another trigger to decide the future course.

A dip below the Support at 1.1833 could be fatal as mentioned in the morning with the potential to move below 1.1727 which could mark the end of rally that it had seen for some time now.
 
 
GBP-USD @ 1.5313/16...Pressured by the technicals of GBPJPY and EURGBP
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R: 1.5422-36 / 1.5516 / 1.5855-73
S: 1.5238 / 1.5106-084
The pair has oscillated between 1.5446 and 1.5292 during the day today. As mentioned in the morning, the pair could be weighed by the Resistance and Supports of GBPJPY and EURGBP respectively. This can keep the pair pressured till either of the Support or Resistance breaks.

On the downside, Support at 1.51 looks strong enough to hold and the pair could oscillate between the range of 1.51 and 1.57 over the next few days.


 
 UD-USD @ 0.6483/87...USDJPY factor play
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R: 0.6521-33 / 0.6554-79 / 0.6609
S: 0.6413-385 / 0.6163 / 0.6071
The pair has traded in a very thin range through the day touching a high of 0.6519 and a low of 0.6429

As mentioned earlier a weekly close above 0.6528 is what one could look out for provided USDJPY factor does not play in. Bearishness in USDJPY could keep the pair weighed down and may take it towards 0.6385

Happy Trading!