EURUSD
The euro dipped below the 1.3880 support on yesterday - the median retracement level of the 1.3455-1.4340 up leg, weakening the short-term sentiment which will remain bearish as long as the 1.4000 mark is safe from a potential breach on the upside. Price action suggests further weakness, aiming to 1.3800 on first phase, then lower - to 1.3750/75 which is a support region formed by previous week's low and the 61.8% retracement of the 1.3455-1.4340 move. On a potential recovery, first intra-day resistance is seen at 1.3900 followed by 1.3950 and the key barrier at 1.4000/10. Current quote is 1.3834 @06:00 GMT
Support levels: 1.3820/30, 1.3750/75 and 1.3700
Resistance levels: 1.3900, 1.3950, 1.4000/10 and 1.4120/35
Market sentiment: long-term : bearish, mid-term : bullish, short-term : slightly bearish
AUDUSD
Current decline started on yesterday extended to as low as .7800, level which is under pressure at the time of this writing. Next downward objective is formed at .7750/60 by the 61.8% of .7450-.8260. Below .7750/60, another barrier is formed by a former top side at .7700/10. Short-term sentiment is bearish, intra-day studies being negative too. Selling is likely to continue and a potential recovery may be limited within the .7950-.7990/00 region. Current quote is .7802 @06:00 GMT
Support levels: .7800, .7750/60 and .7700/10
Resistance levels: .7900, .7950 and .7990/00
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bearish
EURCHF
Low volatility makes the pair untradable as yesterday's range is the fresh record low range - 27 points. Forming lower lows below the 1.5150 mark - the short-term studies suggest that the 1.5000 mark is on focus. However, while volatility is so low, it could take days to reach an objective which is 50 points away from current market price. Current quote is 1.5047 @06:00 GMT
Support levels: 1.5040, 1.5000/10 and 1.4950
Resistance levels: 1.5100, 1.5150, 1.5200 and 1.5225/30
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bearish
The euro dipped below the 1.3880 support on yesterday - the median retracement level of the 1.3455-1.4340 up leg, weakening the short-term sentiment which will remain bearish as long as the 1.4000 mark is safe from a potential breach on the upside. Price action suggests further weakness, aiming to 1.3800 on first phase, then lower - to 1.3750/75 which is a support region formed by previous week's low and the 61.8% retracement of the 1.3455-1.4340 move. On a potential recovery, first intra-day resistance is seen at 1.3900 followed by 1.3950 and the key barrier at 1.4000/10. Current quote is 1.3834 @06:00 GMT
Support levels: 1.3820/30, 1.3750/75 and 1.3700
Resistance levels: 1.3900, 1.3950, 1.4000/10 and 1.4120/35
Market sentiment: long-term : bearish, mid-term : bullish, short-term : slightly bearish
AUDUSD
Current decline started on yesterday extended to as low as .7800, level which is under pressure at the time of this writing. Next downward objective is formed at .7750/60 by the 61.8% of .7450-.8260. Below .7750/60, another barrier is formed by a former top side at .7700/10. Short-term sentiment is bearish, intra-day studies being negative too. Selling is likely to continue and a potential recovery may be limited within the .7950-.7990/00 region. Current quote is .7802 @06:00 GMT
Support levels: .7800, .7750/60 and .7700/10
Resistance levels: .7900, .7950 and .7990/00
Market sentiment: long-term : bearish, mid-term : bullish, short-term : bearish
EURCHF
Low volatility makes the pair untradable as yesterday's range is the fresh record low range - 27 points. Forming lower lows below the 1.5150 mark - the short-term studies suggest that the 1.5000 mark is on focus. However, while volatility is so low, it could take days to reach an objective which is 50 points away from current market price. Current quote is 1.5047 @06:00 GMT
Support levels: 1.5040, 1.5000/10 and 1.4950
Resistance levels: 1.5100, 1.5150, 1.5200 and 1.5225/30
Market sentiment: long-term : bearish, mid-term : bearish, short-term : slightly bearish
