EUR/USD
The single currency bounced off dangerous 1.2800 zone, supported by fundamentals, with break above trendline resistance at 1.2890 and yesterday’s highs at 1.2910, extending gains to 1.2934 so far, previous low of 08 Oct and upper Bollinger band. Improved hourly structure sees potential for further recovery towards 1.2950/60, 50% of 1.3070/1.2825 and 09 Oct high, with 1.2900 zone required to contain dips.
Res: 1.2875, 1.2900, 1.2910, 1.2920
Sup: 1.2825, 1.2820, 1.2800, 1.2745
GBP/USD
Cable’s bounce from 1.6000 support zone, tests the upper boundary of near-term range at 1.6050 area, with slight improvement on hourly studies, bringing some more optimism in near-term outlook. Regain of minimum 1.6066, low of 03 Oct and Fib 38.2% of 1.6216/1.5975, is required to confirm positive stance and open way for stronger recovery towards 1.6100, near 50% retracement. However, larger picture’s bears remains in play, unless 1.6150, daily 20 day MA is regained.
Res: 1.6054, 1.6066, 1.6100, 1.6124
Sup: 1.6033, 1.6000, 1.5983, 1.5975 
USD/JPY
Strong rally that emerged from important 78.00 support zone, regained 78.40/50 barriers, previous range ceiling / Fib 61.8% of 78.86/77.94 descend, to avert immediate downside risk and shift near-term focus higher. Hourly indicators moved into positive territory and continue to point higher despite the overbought readings. However, to confirm positive near-term structure and higher base at 78.00, break above 90 day MA at 78.75 and regain of previous peak of 05 Oct at 78.86, is required.
Res: 78.75, 78.86, 79.00, 79.21
Sup: 78.40, 78.15, 78.00, 77.94
USD/CHF
The pair dips below initial support and consolidation floor at 0.9370, following upside rejection s at 0.9417 and 0.9400 that confirm failure swing. With losses approaching important support at 0.9330/20 zone, Fib 61.8% of 0.9273/0.9330 / 08/09 Oct higher platform, increased risk is seen on break here and psychological 0.9300 support, to signal top at 0.9430 and open way for possible full retracement of 0.9273/0.9430 upleg that will also confirm double-top at 0.9436/30. With hourly studies deep in the negative zone and 4h indicators descending, further bearish pressure could be anticipated. Alternative scenario requires regain of 0.9400 to turn focus towards the upper barriers at 0.9400/30.
Res: 0.9370, 0.9400, 0.9417, 0.9430
Sup: 0.9335, 0.9320, 0.9300, 0.9273 
