EURUSD
Breaking above 1.3855 easier than expected, the uptrend confirms its strength and the euro advanced to as high as 1.3955 where it tested offers a bit earlier today. The psychological barrier on the 1.4000 handle is on focus as it may be tested soon. Above 1.4000, next bullish objectives are seen at 1.4185 - 50% of 1.6035-1.2330, also the 100% expansion of the 1.2440-1.3740-1.2880 swings. Intra-day support is formed at 1.3850/55 backed by 1.3800 and 1.3740. Daily sentiment will remain positive as long as potential corrective moves won't extend below 1.3600 on the coming week. Current quote is 1.3911 @06:03 GMT
Support levels: 1.3850, 1.3800 and 1.3740
Resistance levels: 1.3950/55, 1.4000 and 1.4050.
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
AUDUSD
The .7800 resistance is intact but remains under pressure as the Aussie dollar trades around .7780 at the time of this writing. On potential pullbacks, support levels at .7700 and .7635 are expected to limit losses, maintaining the bullish structure intact. Above .7800, important resistance region is seen at into the .7930-.8000 range. Both daily and intra-day studies are bullish. Current quote is .7779 @06:03 GMT
Support levels: .7750, .7700 and .7635/50
Resistance levels: .7800, .7850 and .7930
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
EURCHF
Resistance at 1.5225 is on focus as the euro is advancing higher vs. the swiss franc, testing offers at 1.5215 on yesterday's US session. On potential pullbacks, support will be faced at 1.5140 then lower, at 1.5100 and 1.5050/75. Daily sentiment is slightly bullish but a break above 1.5225 should encourage further gains, confirming the uptrend. Current quote is 1.5190 @06:03 GMT
Support levels: 1.5135, 1.5100, 1.5050/75 and 1.5000/10
Resistance levels: 1.5225/30, 1.5300 and 1.5350
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish
Breaking above 1.3855 easier than expected, the uptrend confirms its strength and the euro advanced to as high as 1.3955 where it tested offers a bit earlier today. The psychological barrier on the 1.4000 handle is on focus as it may be tested soon. Above 1.4000, next bullish objectives are seen at 1.4185 - 50% of 1.6035-1.2330, also the 100% expansion of the 1.2440-1.3740-1.2880 swings. Intra-day support is formed at 1.3850/55 backed by 1.3800 and 1.3740. Daily sentiment will remain positive as long as potential corrective moves won't extend below 1.3600 on the coming week. Current quote is 1.3911 @06:03 GMT
Support levels: 1.3850, 1.3800 and 1.3740
Resistance levels: 1.3950/55, 1.4000 and 1.4050.
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
AUDUSD
The .7800 resistance is intact but remains under pressure as the Aussie dollar trades around .7780 at the time of this writing. On potential pullbacks, support levels at .7700 and .7635 are expected to limit losses, maintaining the bullish structure intact. Above .7800, important resistance region is seen at into the .7930-.8000 range. Both daily and intra-day studies are bullish. Current quote is .7779 @06:03 GMT
Support levels: .7750, .7700 and .7635/50
Resistance levels: .7800, .7850 and .7930
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bullish
EURCHF
Resistance at 1.5225 is on focus as the euro is advancing higher vs. the swiss franc, testing offers at 1.5215 on yesterday's US session. On potential pullbacks, support will be faced at 1.5140 then lower, at 1.5100 and 1.5050/75. Daily sentiment is slightly bullish but a break above 1.5225 should encourage further gains, confirming the uptrend. Current quote is 1.5190 @06:03 GMT
Support levels: 1.5135, 1.5100, 1.5050/75 and 1.5000/10
Resistance levels: 1.5225/30, 1.5300 and 1.5350
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bullish
