EURUSD
The euro recovered most of Wednesday's losses on yesterday, approaching the intra-day resistance at 1.3665. Trading in line with Monday's open price at 1.3630, expectations aim on the upside as the important resistance zone at 1.3720/35 is only 100 points away. Above 1.3720/35, next important barrier is formed at 1.3855 by the 61.8% retracement of the 1.4720-1.2455 move. On potential pullbacks, support will be faced around 1.3550 then 1.3490 and 1.3430. Current quote is 1.3611 @06:00 GMT
Support levels: 1.3600, 1.3550, 1.3490/00, 1.3465 and 1.3405
Resistance levels: 1.3665, 1.3720/35 and 1.3855
Market sentiment: long-term : bearish, mid-term : slightly bullish, short-term : bullish
AUDUSD
Support at .7480 managed to hold on yesterday's pullback and the upside is under renewed pressure today, trading around the .7600 mark. Extended gains may aim recent top side at .7700/10 while on the downside, today's support levels are seen at .7540 then .7480 and .7400. Both daily and intra-day studies are positive. Current quote is .7589 @06:00 GMT
Support levels: .7540, .7480 and .7400
Resistance levels: .7615, .7650 and .7700/10
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
EURCHF
The 50 points daily range remains valid so far and a not much is expected on the coming sessions, as long as the pair trades into such a tight range. Resistance is seen at 1.5115 and a breach should encourage a stronger move up to 1.5175 which is the next upside barrier. Key resistance is set at 1.5230 while on the downside, 1.5000/15 will most likely play a decisive role if reached. Both intra-day and short term studies are neutral. Current quote is 1.5060 @06:00 GMT
Support levels: 1.5040/50, 1.5000/10, 1.4910/30 and 1.4800
Resistance levels: 1.5115/25, 1.5175, 1.5200 and 1.5230
Market sentiment: long-term : bearish, mid-term : bearish, short-term : neutral
The euro recovered most of Wednesday's losses on yesterday, approaching the intra-day resistance at 1.3665. Trading in line with Monday's open price at 1.3630, expectations aim on the upside as the important resistance zone at 1.3720/35 is only 100 points away. Above 1.3720/35, next important barrier is formed at 1.3855 by the 61.8% retracement of the 1.4720-1.2455 move. On potential pullbacks, support will be faced around 1.3550 then 1.3490 and 1.3430. Current quote is 1.3611 @06:00 GMT
Support levels: 1.3600, 1.3550, 1.3490/00, 1.3465 and 1.3405
Resistance levels: 1.3665, 1.3720/35 and 1.3855
Market sentiment: long-term : bearish, mid-term : slightly bullish, short-term : bullish
AUDUSD
Support at .7480 managed to hold on yesterday's pullback and the upside is under renewed pressure today, trading around the .7600 mark. Extended gains may aim recent top side at .7700/10 while on the downside, today's support levels are seen at .7540 then .7480 and .7400. Both daily and intra-day studies are positive. Current quote is .7589 @06:00 GMT
Support levels: .7540, .7480 and .7400
Resistance levels: .7615, .7650 and .7700/10
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
EURCHF
The 50 points daily range remains valid so far and a not much is expected on the coming sessions, as long as the pair trades into such a tight range. Resistance is seen at 1.5115 and a breach should encourage a stronger move up to 1.5175 which is the next upside barrier. Key resistance is set at 1.5230 while on the downside, 1.5000/15 will most likely play a decisive role if reached. Both intra-day and short term studies are neutral. Current quote is 1.5060 @06:00 GMT
Support levels: 1.5040/50, 1.5000/10, 1.4910/30 and 1.4800
Resistance levels: 1.5115/25, 1.5175, 1.5200 and 1.5230
Market sentiment: long-term : bearish, mid-term : bearish, short-term : neutral
