gbpforex.com

Other Technical Outlooks

EUR-USD

Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2646 or 1.2578. Major support is clustered around 1.2498 limit.

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2182 or 1.2339 if support around 1.2100 hold. After which a pullback to 1.2100 – 1.2050 zone is possible.

USD-JPY

Market looks set for gains towards 95.81 or above in extension. Dips should find support at 95.48 – 95.36 zone

EUR-JPY

It should see a sell off to below 120.08 while 121.76 area curtails its upside. A break beyond 123.03 will abort the downside.

AUD-USD

It should trade higher to 0.66 or 0.6651 in extension while 0.6546 offers support. Stop loss below 0.6495 zone.

USD-CAD

Resistances lie around 1.2415 and 1.2536. It should test lower towards 1.2294 zone. A clear break of 1.2310 would be bearish.

EUR-CHF

Market should meet resistance at 1.5444. We expect then an extended move down to 1.5392 -1.5333 area

EUR-GBP

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.8198 or 0.8188. Major support is clustered around 0.81010 limit.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1858

1.1948

1.2006

1.2097

1.2188

1.2245

1.2336

USD-JPY

94.84

95.08

95.22

95.46

95.69

95.83

96.07

AUD-USD

0.6439

0.6479

0.6504

0.6544

0.6584

0.6609

0.6649

USD-CAD

1.2232

1.2292

1.2329

1.2389

1.2448

1.2485

1.2545

NZD-USD

0.5404

0.5438

0.5460

0.5495

0.5529

0.5551

0.5586

GBP-JPY

144.65

145.41

145.88

146.64

147.40

147.87

148.63

EUR-GBP

0.8132

0.8195

0.8234

0.8297

0.8361

0.8400

0.8463

EUR-JPY

118.75

119.88

120.58

121.71

122.84

123.54

124.67

EUR-CHF

1.5319

1.5364

1.5391

1.5436

1.5480

1.5507

1.5552