EURUSD

Succession of lower tops from 1.2899, 10 Nov high, keeps short-term bulls in play, with 1.2772 low reached yesterday. Correction from there remains so far capped by 1.2830/40 and while market below there risk remains for further weakness. Below 1.2772 to expose 1.2750 next.

 

Res: 1.2832, 1.2841, 1.2870, 1.2899

Sup: 1.2790, 1.2772, 1.2745, 1.2735

eurusd

 

 

GBPUSD

Remains in steep downtrend from 1.9176, 10 Nov high, with 1.8835 low being reached yesterday. Upside attempts are so far seen corrective, while 1.8915/25 zone holds the upside and if lower top there confirmed, scope exists for fresh push lower to retest 1.8835, break of which would open 1.8796/65.

 

Res: 1.8906, 1.8915, 1.8925, 1.8960

Sup: 1.8850, 1.8835, 1.8796, 1.8765

gbpusd

 

 

USDJPY

Remains short-term bullish following bounce from 117.23, 14 Nov higher low, leaving fresh higher low at 117.73, ahead of attempt to break above 118.00 area. Sustained lift above 118.00/30 will resume gains towards 118.57, possibly 119.15/34 on a break. Loss of 117.73, however, delays for 117.23.

 

Res: 118.30, 118.57, 119.00, 119.15

Sup: 117.73, 117.39, 117.23, 117.12

usdjpy

 

 

USDCHF

Extended gains from 1.2344, 10 Nov low, through 1.2384, 14 Nov higher low to reach 1.2519 high yesterday, ahead of pullback to 1.2450 overnight. Fresh attempt higher is underway, with bulls seeking for 1.2519 retest, break of which to open way for upside extension towards 1.2554/79. Only loss of 1.2405/1.2384 sidelines bulls.

 

Res: 1.2490, 1.2519, 1.2554, 1.2579

Sup: 1.2450, 1.2431, 1.2418, 1.2405

usdchf