gbpforex.com

Other Technical Outlooks

EUR-USD

While below 1.5889 or 1.5939 it could fall towards below 1.5838 or 1.5766. After which a corrective/consolidation activity is expected to 1.5975 zone.

USD-CHF

Current fall is near an end of wave around 1.0003 – 1.0087 zone, a rally should then procede to above 1.0135 or 1.0175. Fall below 0.9929 would cancel this scenario.

USD-JPY

It is likely to attempt nearer support at 103.82 for extending further to below 102.92 while below 104.71 – 105.49 area. Rise above 105.94 would dampen this bearish expectation.

EUR-JPY

Market should not go lower than 165.42. After this move down it should go up to 166.53 – 167.34 area.

AUD-USD

Strength can extend to 0.9821 or even higher than 0.9859 as declines are expected to find support at 0.9751 or 0.9718. A fall below 0.9642 could turn it bearish.

USD-CAD

Current fall is near an end of wave around 0.9947 – 1.0008 zone, a rally should then procede to above 1.0045 or 1.0068. Fall below 0.9925 would cancel this scenario

EUR-CHF

Our preferred outlook is for a drift down to 1.6137 or below 1.6111. Resistances are at 1.6164 and 1.6189. A rise above 1.6215 would delay but not abort this expected fall.

EUR-GBP

It should see a sell off to below 0.7911 while 0.7948 area curtails its upside. A break beyond 0.7969 will abort the downside.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

0.9928

0.9991

1.0030

1.0093

1.0156

1.0195

1.0258

USD-JPY

102.93

103.73

104.24

105.00

105.85

106.36

107.17

AUD-USD

0.9641

0.9695

0.9728

0.9783

0.9837

0.9870

0.9925

USD-CAD

0.9925

0.9962

0.9984

1.0020

1.0057

1.0079

1.0115

NZD-USD

0.7564

0.7616

0.7649

0.7702

0.7754

0.7787

0.7840

GBP-JPY

207.21

208.39

209.12

210.30

211.48

212.21

213.39

EUR-GBP

0.7891

0.7912

0.7926

0.7948

0.7969

0.7983

0.8005

EUR-JPY

164.76

165.74

166.35

167.33

168.31

168.92

169.90

EUR-CHF

1.5946

1.6000

1.6033

1.6087

1.6141

1.6174

1.6228

AUD-JPY

101.73

102.13

102.37

102.77

103.17

103.41

103.81