EUR/USD
The pair breaks under 1.2200, as risk aversion gains pace, posting fresh longer-term lows, last time traded in June 2010. The price approaches next supports at 1.2150, June 2010 low and 50% retracement of long-term 2000/2008; 0.8225/1.6039 ascend at 1.2130, with psychological 1.2000 support seen as next target. Upside remains well protected at 1.2250/1.2300, while only lift above 1.2350 would delay bears.
Res: 1.2200, 1.2211, 1.2235, 1.2250
Sup: 1.2165, 1.2150, 1.2130, 1.2100
GBP/USD
Cable loses ground after strong reversal off yesterday’s 1.5576 high broke below very strong 1.5460/50, one-month base that opens way towards 1.5400, with 1.5430 zone being tested so far. Weak short-term studies keep the downside vulnerable, as loss of 1.5400 is expected to open strong supports at 1.5338, long-term bull trendline off 1.3501, 2009 low and 1.5300, 2010/2012 range floor. Previous supports at 1.5460/1.5500, now revert to initial resistances, ahead of more significant 1.5550/78 zone, regain of which would improve short-term outlook.
Res: 1.5460, 1.5484, 1.5500, 1.5515
Sup: 1.5432, 1.5400, 1.5338, 1.5300
USD/JPY
Remains at the back foot after another upside rejection at 80.00, with near-term price action remaining within the range. Near-term studies, however, remain aligned lower, with immediate risk seen on slide towards range base / 200 day MA at 79.00, loss of which to spark fresh weakness and expose 78.60/00 next.
Res: 79.38, 79.50, 79.78, 80.00
Sup: 79.20, 79.12, 79.00, 78.80 
USD/CHF
Continues to trend higher after break above brief consolidation ceiling at 0.9800, with 0.9868 high seen so far, en-route to our upside targets, figure barrier at 0.9900 and Fib 61.8% of longer-term 1.1730/0.7067 descend at 0.9949. Overextended near-term studies and MACD bearish divergence on 4h chart, however, see risk of pullback. Previous high at 0.9800, now offers initial support, while potential deeper correction should ideally reverse at/above 0.9760/40 support zone, to keep short-term bulls intact.
Res: 0.9898, 0.9900, 0.9949, 1.0000
Sup: 0.9830, 0.9813, 0.9800, 0.9765 
