EURUSD
The Euro aims slightly higher today testing resistance on the 1.2900 handle, maintaining the bullish structure intact on the daily charts. While trading above the 1.2675 support, upside bias should remain stable and a potential rally to 1.3050 may occur if 1.2900 breaks. Support is seen at 1.2790 backed by 1.2675 and 1.2525. Resistance starts at 1.2900 followed by 1.3050 and 1.3125. Both intraday and daily studies are bullish. Current quote is 1.2821 @07:40 GMT
Support levels: 1.2790, 1.2675 and 1.2525.
Resistance levels: 1.2900, 1.3050 and 1.3260.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish
AUDUSD
A pullback down to .6780 support is possible, filling the gap formed by today's higher open. Even so, the daily studies will remain bullish as long as the Aussie holds above the .6510 support which seem far away. Interim support is seen at .6780 then .6630. Resistance starts at .6930 then .7010 followed by .7135 and .7245. Current quote is .6868 @07:40 GMT
Support levels: .6780, .6630 and .6510.
Resistance levels: .6930, .7010, .7135 and .7245.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bullish
EURCHF
Intraday support was found at 1.5075, the previous resistance. While it holds, a climb past first resistance at 1.5150 is likely. Above 1.5150, upside barriers are set at 1.5200/15, 1.5275 and 1.5350. Both daily and intraday studies are bullish. Current quote is 1.5094 @07:40 GMT
Support levels: 1.5075, 1.5025 and 1.4915.
Resistance levels: 1.5150, 1.5200/15, 1.5275 and 1.5350.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bullish
