gbpforex.com

Other Technical Outlooks

EUR-USD

It is likely to attempt to below 1.2802 while below 1.2904 – 1.2911 area. Rise above 1.2962 would dampen this bearish expectation.

USD-CHF

Strength can extend to 1.2021 or even higher than 1.2043 as declines are expected to find support at 1.1979 or 1.1959. A fall below 1.1914 could turn it bearish.

USD-JPY

It should register gains to 95.47. Corrective decline should be supported in 95.11 – 94.91 area. Stop Loss below 94.59 zone

EUR-JPY

Current fall is near an end of wave around 122 – 122.67 zone, a rally should then procede to above 123.30 or 123.58. Fall below 121.80 would cancel this scenario.

AUD-USD

Currently uptrend should end around 0.66 – 0.6622 area. A correction down to below 0.6495 is expected. A rise above 0.6678 will abort the expected correction

USD-CAD

A corrective/consolidation activity between 1.2244 and 1.2445 is likely for a while

EUR-CHF

stand aside

EUR-GBP

Current fall is near an end of wave around 0.8323 – 0.8366 zone, a rally should then procede to above 0.8396 or 0.8412. Fall below 0.8311 would cancel this scenario.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1915

1.1946

1.1966

1.1998

1.2029

1.2049

1.2081

USD-JPY

94.57

94.44

95.01

95.29

95.56

95.73

96.00

AUD-USD

0.6423

0.6472

0.6501

0.6550

0.6598

0.6628

0.6676

USD-CAD

1.2171

1.2223

1.2255

1.2308

1.2360

1.2392

1.2445

NZD-USD

0.5426

0.5457

0.5475

0.5506

0.5537

0.5556

0.5587

GBP-JPY

144.55

145.39

145.91

146.74

147.58

148.10

148.93

EUR-GBP

0.8310

0.8336

0.8353

0.8379

0.8405

0.8421

0.8447

EUR-JPY

121.76

122.23

122.52

123.00

123.47

123.76

124.24

EUR-CHF

1.5398

1.5431

1.5451

1.5484

1.5516

1.5537

1.5569