EURUSD

Holding steady against the greenback, the Euro seem ready to overcome the resistance formed into the 1.3080/90 region by February's high. Above the said level, renewed gains will probably extend towards a minor top of January around 1.3330 and maybe to 1.3590 within the current month. Key medium term resistance is formed at 1.3590 by the 50% retracement of the last decline from 1.4720 to 1.2455. A break above the said level will confirm that current uptrend is not a corrective cycle, favoring more upside action above the 1.4 handle, to 1.43-47. On a short-term basis, upside bias should remain intact as long as support into the 1.2800-1.2850 region holds. Hourly sentiment is mixed as the Euro keeps orbiting around the 1.3000 handle, keeping the interim support at 1.2950 under pressure at the time of this writing. Current quote is 1.2973 @07:17 GMT

Support levels: 1.2950, 1.2850, 1.2800 and 1.2750.
Resistance levels: 1.3070/90, 1.3200 and 1.3330.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bullish

AUDUSD

Important resistance into the .6635-.6650 zone is intact and the Aussie Dollar has pulled back to .6575 after yesterday's test. The 61.8% retracement of the last swing from .6850 to .6285 comes at .6635, so it shouldn't be an easy task to advance higher, as the said retracement ratio triggers many selling orders. A break above the said resistance will most likely open .6850, favoring further rallies within the upcoming days. On the downside, support starts at .6550/65 backed by .6490 and .6450. Daily sentiment is bullish while the hourly is slightly negative at the time of this writing. Current quote is .6592 @07:17 GMT

Support levels: .6550, .6490, .6450 and .6395/00.
Resistance levels: 6635/50, .6730 and .6850.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bullish

EURCHF

Resistance at 1.5450 is under pressure and a break will encourage a test of the next upside objective at 1.5530, within the upcoming sessions. Both daily and intra-day studies are bullish. Intra-day support comes at 1.5330 backed by 1.5290 and 1.5150/90. Current quote is 1.5422 @07:17 GMT

Support levels: 1.5330, 1.5290, 1.5150/90 and 1.5000.
Resistance levels: 1.5450, 1.5500/30 and 1.5590.
Market sentiment: long-term : bearish, mid-term : bearish, short-term : bullish