EURUSD
Resistance at 1.3000 has been tested on yesterday before pulling back into the mid 1.28 region. Intra-day studies are slightly bullish at the time of this writing and a new test of 1.3000 barrier is possible. Above 1.3000, stronger resistance is formed into the 1.3070/90 zone and a sustained break of the said barrier will confirm a bullish structure. On the downside, support is seen at 1.2850 and 1.2705. Current quote is 1.2935 @07:30 GMT
Support levels: 1.2850, 1.2705, 1.2650 and 1.2550.
Resistance levels: 1.3000, 1.3070/90, 1.3150 and 1.3320/30.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : neutral
AUDUSD
Key support at .6500 is intact and while it holds, a resume of the uptrend may occur. Near-term momentum is bullish but losing strength. Below the said support, losses will probably extend to .6350. Resistance is seen at .6600/15 followed by .6650/60 and .6840. Hourly charts are slightly bullish at the time of this writing. Current quote is .6562 @07:30 GMT
Support levels: .6500, .6415 and .6350/60.
Resistance levels: .6600, .6650/60, 6800 and .6840/50.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bullish
EURCHF
Resistance on the 1.5 handle has been tested on yesterday but the pair couldn't establish a breakout, therefore the short-term sentiment doesn't change yet. Hourly studies are neutral and a break above 1.5000 is needed to confirm an uptrend. However, strong resistance levels at 1.5025 and 1.5055 will probably limit the upside for now. Current quote is 1.4965 @07:30 GMT
Support levels: 1.4880, 1.4800/15 and 1.4745.
Resistance levels: 1.5025/50, 1.5150 and 1.5270.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish
