EURUSD
The downside is under pressure as the Euro tests fresh lows below last month's bottom at 1.2765. Current breach of the said level signals a resume of the downtrend and next bearish objective is seen at 1.2550. On the upside, potential rallies are expected to face barriers at 1.2860 then 1.2950/60 and 1.3000, higher. Both daily and intra-day studies are bearish at the time of this writing. Current quote is 1.2727 @07:35 GMT
Support levels: 1.2650, 1.2600 and 1.2550.
Resistance levels: 1.2860, 1.2950/60, 1.3000 and 1.3080.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish
AUDUSD
Important support on focus into the .6285-.6300 zone and a potential break may extend losses towards .6000/10 within the next days. Resistance levels are emerging at .6370, .6415 and .6500. Below .6285, support is seen at .6230, .6150 and .6090. Both short-term and hourly studies are bearish and more selling will emerge below .6285, if reached. Current quote is .6317 @07:35 GMT
Support levels: .6285/00, .6230, .6150 and .6090.
Resistance levels: .6370, .6415 and .6500.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bearish
EURCHF
Interim resistance is seen at 1.4860 followed by 1.4930 and 1.5030. Minor support is emerging at 1.4815 backed by more important barriers at 1.4750 and 1.4650. The daily momentum is slightly bearish and the pair has to break past 1.4970 in order to resume uptrend and confirm that the decline to 1.4815 was corrective. Current quote is 1.4855 @07:35 GMT
Support levels: 1.4800/15, 1.4750 and 1.4650.
Resistance levels: 1.4860, 1.4930, 1.5030 and 1.5100.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bearish
