USD-CHF @ 1.1610/15...Rises sharply
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R: 1.1632 / 1.1711
S: 1.1507-495 / 1.1468 / 1.1375-55
Dollar's weakness was contained near 1.1413 during the day today as it took Support of the 55-day MA and bounced from that level to undo yesterday's fall. It presently continues to tread higher and could possibly see some dip towards 1.1550 before making a move upwards. Are we back on track to scale towards 1.17 and 1.18 that we had set aside in the morning today seeing a huge fall yesterday? We need to wait and watch as things grow extremely volatile now. At the moment, it looks mixed as it trades near the middle of the expected range of 1.14-1.19

Swiss has Support near 1.1350 as can be seen from the daily candle chart. To see the chart of Swiss, click on: http://www.kshitij.com/graphgallery/chfcandle.shtml#candle
 
 
GBP-USD @ 1.4421/25...Can get volatile
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R: 1.4503 / 1.4580
S: 1.4362-43 / 1.4305-288 / 1.4268
The day saw Cable ranged between 1.4323-1.4469 as expected pretty much insulated from the Dollar strength over the last few hours. The Resisatnce of 200-MA on 4-hourly still stands strong which the pair might possibly attempt to break on a further rise from current levels. However a dip could be contained near 1.4181 (13-day MA) as the pair could go extremely volatile as the BoE approaches tomorrow. We would better stay aloof and not enter into any trades at the moment.


 
 AUD-USD @ 0.6410/14...Looks ranged
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R: 0.6446 / 0.6485-526 / 0.6615-45
S: 0.6407-381 / 0.6086 / 0.6044
Aussie has trendline Support at 0.6270-50 for the day as it recorded a high of 0.6534 and a low of 0.6353 during the day. Aussie broke below the Support mentioned in the morning at 0.6383, though the Resistance at 0.6535 held firmly. The trendline Resistance at 0.6540 could hold as can be seen from the daily chart which also suggests a ranged movement between 0.6270-0.6540 over the next few days. To see the chart of Aussie, click on: http://www.kshitij.com/graphgallery/audcandle.shtml#candle

Happy Trading!