USD-CHF @ 1.1586/91...Indecisive, no trades
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R: 1.1681-1710 / 1.1782-1807
S: 1.1550-33 / 1.1500 / 1.1465
Mixed, trading near 1.1590. Expected to be ranged between 1.15-18 over today-tomorrow. No immediate incentive to trade. Have to wait, to either buy low or to sell high.

 
 GBP-USD @ 1.4462/65...Becoming bearish already?
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R: 1.4490 / 1.4545 / 1.4590-4610
S: 1.4423 / 1.4377 / 1.4306
In the morning, when the market was near 1.4545, we had pointed out the presence of a Resistance near that level, which was visible on the Daily Candles on the following page:
http://www.kshitij.com/graphgallery/gbpcandle.shtml#candle

This Resistance has held and the Pound has seen a bit of fall from there. We now look at Support at 1.4423. If this Support is also broken, then a further fall towards 1.4230 could be seen.


 AUD-USD @ 0.6531/35...Quiet, with a bullish bias
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R: 0.6575 / 0.6625
S: 0.6500 / 0.6470
The Aussie has moved up during the day. It now faces an important intra-day Resistance at 0.6575. If that holds, then the Aussie could dip back towards 0.6500. A rise past 0.6575 can lead to a test of a higher Resistance at 0.6625

Overall, the Aussie is quiet, trading within a range of 0.64-66 (roughly). However, this range is likely to break, maybe by next week. Which way might it break? Possibly on the upside, while the Support at 0.64-63 remains intact. If so, the Aussie could move up towards 0.68+ over the next couple of weeks. A factor supporting a bullish view would be the current bullishness in Dollar-Yen.

Buying on a dip to 0.6450-6400 could be considered.


Happy Trading!