EURUSD

The Euro falls vs the greenback after the failed attempt to establish support above resistance region of 1.2750. The rally to 1.2820 has certainly weakened the upside barriers at 1.2750 and 1.2800 but it doesn't encourage further upside action, as the bearish scenario is still valid while the near term barriers clustered into the 1.2750-1.2880 range are intact and the Euro pulled back towards yesterday low. Speaking of current market conditions, the downside is under pressure and minor support at 1.2615 formed by yesterday's low has been tested a bit earlier. Below the said level, next objectives are seen at 1.2555 and 1.2480. Intra-day momentum is bearish and a sustained breach of 1.2750 is needed to confirm a resume of yesterday's uptrend. More important barriers are seen higher, at 1.2990 and 1.3090, formed by February's high. Current quote is 1.2653 @07:18 GMT

Support levels: 1.2610, 1.2555/85 and 1.2455/80.
Resistance levels: 1.2750, 1.2830, 1.2880/00 and 1.2990/00.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish

AUDUSD

The Aussie pulls back towards .6400, the median support zone of yesterday's rally. Intra-day momentum is negative due to the 100 points retracement but .6400 may provide a reversal point if it holds, leading to a re-test of the interim resistance at .6490. Above .6490, important barrier is seen at .6550 and a break above may open last month's high at .6850, also confirming the uptrend. Current quote is .6417 @07:18 GMT

Support levels: .6400, .6340/50, .6305, .6280 and .6250.
Resistance levels: .6490, .6550, .6650 and .6730
Market sentiment: long-term : bearish, mid-term : bearish , short-term : neutral

EURCHF

Resistance is seen at 1.4750, level which formed an important support since November 2008. Above the said level, recovery may extend to key resistance at 1.4930. Hourly studies are bullish while the short-term ones are bearish, but above 1.4750 things may look better, although it is too early to look for a reversal. Support emerges at 1.4690 backed by 1.4640, 1.4590 and 1.4500. Current quote is 1.4733 @07:18 GMT

Support levels: 1.4690, 1.4640, 1.4590 and 1.4500.
Resistance levels: 1.4750, 1.4830 and 1.4930.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bearish