EUR / USD
Receiving another lift this European morning, the pair tried to break the 1.3800 resistance barrier and retreated, currently at 1.3785. We expect a consolidation on higher levels for the next hours and later another attack on the 1.3800 resistance, breaking it, and leading to prices above 1.3850.

GBP / USD
The pound shot up in the European morning, currently trading at 1.5340. A downward correction is now in the cards, as far as 1.5280, before renewed buying could reach prices near 1.5400 today.

USD / CHF
In a moderate downtrend, the dollar reached right now the 1.0525 mark against the Swiss franc in early European trading. We expect the market to hover above the 1.0500 level first, before breaking it on the downside towards the 1.0470 level.

USD / JPY
The dollar strengthened against the yen in late Asian trading, keeping the bidding tone in the European morning. Currently trading at 90.60, we do not see much more upside potential for today and reckon with down moves setting in, towards levels near around 90.20.