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

Other Technical Outlooks

EUR-USD

Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2838 or 1.2776. Major support is clustered around 1.2750 limit.

USD-CHF

Current rise seems to be over near 1.2056 or 1.2130 for a retracement towards 1.1982 – 1.1935 area.

USD-JPY

Is expected to fall lower than 94.07. Entry sell point are at 95.80 or 96.20. Stop loss above 96.20.

EUR-JPY

Current fall is near an end of wave around 120.62 – 123.08 zone, a rally should then procede to above 123.92 or 124.57. Fall below 120.61 would cancel this scenario

AUD-USD

stand aside

USD-CAD

It should trade higher to 1.2441 while 1.2301 or 1.2245 offers support. Stop loss below 1.2188 zone.

EUR-CHF

Market looks set for gains towards 1.5550 or above in extension. Dips should find support at 1.5483 – 1.5459 zone.

EUR-GBP

Current fall is near an end of wave around 0.8330 – 0.8371 zone, a rally should then procede to above 0.8445 or 0.8473. Fall below 0.8292 would cancel this scenario

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1738

1.1831

1.1889

1.1982

1.2075

1.2132

1.2225

USD-JPY

94.06

94.57

94.89

95.40

95.91

96.22

96.73

AUD-USD

0.6375

0.6423

0.6452

0.6500

0.6547

0.6576

0.6626

USD-CAD

1.2040

1.2136

1.2196

1.2293

1.2390

1.2450

1.2547

NZD-USD

0.5401

0.5440

0.5464

0.5503

0.5543

0.5567

0.5606

GBP-JPY

143.21

144.36

145.06

146.21

147.35

148.06

149.21

EUR-GBP

0.8294

0.8341

0.8370

0.8416

0.8463

0.8492

0.8538

EUR-JPY

120.58

121.60

122.22

123.24

124.26

124.88

125.90

EUR-CHF

1.5366

1.5410

1.5438

1.5482

1.5526

1.5553

1.5598

Other Technical Outlooks

EUR-USD

Currently uptrend should end around 1.3218 – 1.3161 area. A correction down to below 1.2885 is expected. A rise above 1.3259 will abort the expected correction

USD-CHF

Market should not go lower than 1.1736. After this move down it should go up to 1.1835 – 1.1910 area

USD-JPY

There is bearish potential for a fall to 94.31 while 95.87 – 96.34 resist. After this fall a recovery up to 96.34 or 96.80 is expected

EUR-JPY

It looks more likely that it would rise to above 125.34 or 126.23 from 123.54 or 122.64. After which a downside move to below 120.85 is expected

AUD-USD

Strength can extend to 0.6555 or even higher than 0.6628 as declines are expected to find support at 0.6413 or 0.6344. Stop Loss below 0.6197 zone.

USD-CAD

Current fall is near an end of wave around 1.1962 – 1.2141 zone, a rally should then procede to above 1.2365 or 1.2444. Fall below 1.1931 would cancel this scenario. 

EUR-CHF

Strength can extend to 1.5493 or even higher than 1.5524 as declines are expected to find support at 1.5434 or 1.5405. Stop Loss below 1.5343 zone.

EUR-GBP

There is bearish potential for a fall to 0.8372 while 0.8469 – 0.8504 resist. After this fall a recovery up to 0.8504 or 0.8539 is expected

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1678

1.1766

1.1821

1.1909

1.1997

1.2051

1.2139

USD-JPY

93.38

94.33

94.91

95.86

96.81

97.39

98.33

AUD-USD

0.6194

0.6303

0.6371

0.6480

0.6589

0.6657

0.6766

USD-CAD

1.1931

1.2065

1.2148

1.2283

1.2418

1.2501

1.2635

NZD-USD

0.5228

0.5321

0.5378

0.5470

0.5563

0.5620

0.5712

GBP-JPY

141.70

143.55

144.70

146.55

148.40

149.54

151.40

EUR-GBP

0.8301

0.8365

0.8405

0.8470

0.8535

0.8575

0.8640

EUR-JPY

120.81

122.19

123.03

124.41

125.78

126.63

128.00

EUR-CHF

1.5341

1.5387

1.5415

1.5461

1.5507

1.5535

1.5581

Other Technical Outlooks

EUR-USD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3153 or 1.3213 if support around 1.2825 hold. After which a pullback to 1.2825 – 1.2761 zone is possible

USD-CHF

Market should not go lower than 1.1820. After this move down it should go up to 1.1931 – 1.2029 area

USD-JPY

It seems to test 98.24 and pullback to 95.70 is possible

EUR-JPY

stand aside

AUD-USD

Current rise seems to be over near 0.6541 or 0.6644 for a retracement towards 0.6438 – 0.6386 area.

USD-CAD

Market should pop up towards 1.2650 or 1.298 this bullish scenario would be damaged if 1.1967 – 1.1944 zone is broken, a severe break down could then occur

EUR-CHF

stand aside

EUR-GBP

Uptrend is still intact in a triangle configuration. It should continue to rally to 0.8537 or 0.8611 if support around 0.8500 hold. After which a pullback to 0.8500 – 0.8481 zone is possible. 

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1722

1.1838

1.1910

1.2027

1.2143

1.2215

1.2332

USD-JPY

94.12

95.04

95.61

96.53

97.46

98.03

98.95

AUD-USD

0.6127

0.6245

0.6318

0.6437

0.6555

0.6628

0.6747

USD-CAD

1.1912

1.2116

1.2241

1.2445

1.2649

1.2775

1.2979

NZD-USD

0.5216

0.5295

0.5344

0.5422

0.5501

0.5550

0.5629

GBP-JPY

138.80

141.37

142.96

145.53

148.10

149.69

152.26

EUR-GBP

0.8389

0.8431

0.8457

0.8500

0.8542

0.8568

0.8610

EUR-JPY

117.33

119.85

121.40

123.91

126.43

127.98

130.50

EUR-CHF

1.5300

1.5347

1.5376

1.5423

1.5469

1.5498

1.5545

Other Technical Outlooks

EUR-USD

Current rise seems to be over near 1.2608 or 1.2669 for a retracement towards 1.2546 – 1.2500 area

USD-CHF

Preferred view is for a fall to below 1.2164 while 1.2219 – 1.223 area resists. A clear break of 1.2286 would be bullish.

USD-JPY

Market looks set for gains towards 96.74 or above in extension. Dips should find support at 95.19 – 94.80 zone

EUR-JPY

It should trade higher to 122.13 while 119.29 or 118.57 offers support. Stop loss below 117.85 zone

AUD-USD

It may attempt a test higher to 0.6303 after which weakness may set it to a drift down to below 0.6151 limit

USD-CAD

There are initial signs of a good corrective recovery towards 1.2877 or even 1.2920. Supports at 1.2758 and 1.2682 zone

EUR-CHF

Current upmove should continue up to 1.5449 or 1.553. Any correction should find support in 1.5337 – 1.5297 zone.

EUR-GBP

Current rise seems to be over near 0.8483 or 0.8520 for a retracement towards 0.8446 – 0.8415 area.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.2107

1.2154

1.2184

1.2231

1.2279

1.2308

1.2355

USD-JPY

92.85

93.74

94.28

95.17

96.06

96.61

97.50

AUD-USD

0.5990

0.6086

0.6145

0.6242

0.6338

0.6397

0.6493

USD-CAD

1.2449

1.2572

1.2648

1.2772

1.2895

1.2971

1.3095

NZD-USD

0.5132

0.5203

0.5246

0.5317

0.5388

0.5431

0.5502

GBP-JPY

136.07

138.10

139.36

141.40

143.43

144.69

146.73

EUR-GBP

0.8302

0.8353

0.8385

0.8437

0.8488

0.8520

0.8572

EUR-JPY

114.97

116.63

117.66

119.33

120.99

122.02

123.68

EUR-CHF

1.5150

1.5224

1.5269

1.5343

1.5417

1.5463

1.5537

Other Technical Outlooks

EUR-USD

It might hold above 1.2444 or 1.2393 for a rise towards above 1.2553. Stop loss below 1.2393 zone

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 – 1.2744 zone is possible

USD-JPY

Market should not go lower than 92.53. After this move down it should go up to 93.64 – 94.5 area.

EUR-JPY

Overall structure is bearish. Decelerating momentum could attract it towards supports at 115.15 or 115. Major support is clustered around 112.46 limit

AUD-USD

Market should not go lower than 0.5933. After this move down it should go up to 0.6091 – 0.6199 area

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 – 1.2744 zone is possible. 

EUR-CHF

While below 1.5369 it is more likely to fall further towards 1.519 or 1.5132 level

EUR-GBP

A corrective/consolidation activity between 0.8358 and 0.8528 is likely for a while.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.2029

1.2098

1.2141

1.2209

1.2278

1.2320

1.2389

USD-JPY

91.81

92.83

93.47

94.49

95.51

96.15

97.17

AUD-USD

0.5859

0.5989

0.6070

0.6200

0.6330

0.6411

0.6541

USD-CAD

1.2359

1.2536

1.2645

1.2822

1.2998

1.3108

1.3284

NZD-USD

0.5035

0.5129

0.5187

0.5280

0.5374

0.5432

0.5526

GBP-JPY

133.61

135.99

137.45

139.83

142.21

143.68

146.05

EUR-GBP

0.8267

0.8327

0.8366

0.8430

0.8494

0.8534

0.8598

EUR-JPY

113.34

115.15

116.27

118.08

119.89

121.01

122.83

EUR-CHF

1.5010

1.5101

1.5157

1.5248

1.5338

1.5394

1.5485

Other Technical Outlooks

EUR-USD

While below 1.2486 – 1.2595 it might drop to 1.2377 or below 1.2265 zone

USD-CHF

Market looks set for gains towards 1.2209 or above in extension. Dips should find support at 1.2076 – 1.2041 zone

USD-JPY

There is bearish potential for a fall to 95.21 or 94.68 while 96.45 – 96.71 resist. After this fall a recovery up to 96.45 or 96.71 is expected.

EUR-JPY

There is bearish potential for a fall to 117.93 or 116.3 while 121.92 – 122.74 resist. After this fall a recovery up to 121.92 or 122.74 is expected

AUD-USD

There is bearish potential for a fall to 0.62860 or 0.6206 while 0.6480 – 0.6520 resist. After this fall a recovery up to 0.6480 or 0.6520 is expected

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2644 or 1.2729 if support around 1.2462 hold. After which a pullback to 1.2462 – 1.2417 zone is possible.

EUR-CHF

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.8341 or 0.8309. Major support is clustered around 0.8253 limit.

EUR-GBP

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.8341 or 0.8309. Major support is clustered around 0.8253 limit

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1872

1.1949

1.1997

1.2075

1.2152

1.2200

1.2278

USD-JPY

94.68

95.25

95.60

96.17

96.74

97.10

97.67

AUD-USD

0.6205

0.6294

0.6350

0.6439

0.6529

0.6584

0.6674

USD-CAD

1.2193

1.2295

1.2358

1.2461

1.2563

1.2626

1.2728

NZD-USD

0.5308

0.5366

0.5403

0.5461

0.5520

0.5556

0.5615

GBP-JPY

139.79

141.65

142.79

144.65

146.51

147.66

149.51

EUR-GBP

0.8265

0.8311

0.8340

0.8386

0.8432

0.8460

0.8506

EUR-JPY

116.27

118.12

119.25

121.10

122.94

124.08

125.92

EUR-CHF

1.5042

1.5108

1.5148

1.5214

1.5280

1.5321

1.5386

Other Technical Outlooks

EUR-USD

It is likely to fall towards 1.2495 unless a corrective rally breaks the 1.2659 resistance. Stop above 1.2690 zone.

USD-CHF

A correction down to 1.1984 folowed buy a mouve up to 1.204 or 1.2063. A break above 1.2095 would accelerate this bullish move.

USD-JPY

Corrective dips should ideally halt near 96.82 or 96.52 for one more thrust upwards towards 97.22 – 97.61 area or 98.21 in extention. Fall below 96.22 puts it back on a downward path

EUR-JPY

It should be subject to more sell off towards 121.1 or 119.76. Corrective upward swings should face resistance around 122.69 area. A break of 124.30 is bullish.

AUD-USD

Corrective dips should ideally halt near 0.6505 or 0.6469 for one more thrust upwards towards 0.6552 – 0.6598 area or 0.6671 in extention. Fall below 0.6432 puts it back on a downward path

USD-CAD

A corrective/consolidation activity between 1.2199 and 1.2363 is likely for a while

EUR-CHF

It should trade lower to 1.5045. Resistances are at 1.5158 and 1.5192. A break of 1.5226 is bullish.confirmed by a close above 1.5255 limit.

EUR-GBP

It should test higher than 0.8476. Entry point are at 0.8397 and 0.8376. A break of 0.8318 is bearish.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1935

1.1965

1.1984

1.2014

1.2044

1.2063

1.2093

USD-JPY

95.41

95.94

96.27

96.80

97.33

97.66

98.19

AUD-USD

0.6335

0.6399

0.6439

0.6503

0.6567

0.6606

0.6670

USD-CAD

1.2086

1.2165

1.2213

1.2292

1.2370

1.2418

1.2497

NZD-USD

0.5419

0.5455

0.5476

0.5512

0.5547

0.5569

0.5604

GBP-JPY

142.12

143.24

143.94

145.05

146.17

146.87

147.98

EUR-GBP

0.8316

0.8355

0.8378

0.8416

0.8455

0.8478

0.8517

EUR-JPY

119.74

120.73

121.34

122.32

123.31

123.92

124.91

EUR-CHF

1.5044

1.5087

1.5114

1.5156

1.5199

1.5225

1.5268

Other Technical Outlooks

EUR-USD

Market should hold major support at 1.2499 before rising towards 1.2757 or even 1.2864 limit

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2029 or 1.2079 if support around 1.1961 hold. After which a pullback to 1.1961 – 1.1938 zone is possible.

USD-JPY

It is likely to fall towards 95.72 as its corrective rally could falter in 96.99 – 96.63 area. Stop above 97.34 zone

EUR-JPY

Current fall is near an end of wave around 119.42 – 121.86 zone, a rally should then procede to above 122.94 or 123.85. Fall below 118.32 would cancel this scenario.

AUD-USD

Market should hold major support at 0.6331 before rising towards 0.6598 or even 0.6709 limit

USD-CAD

It is a triangle configuration. Market should break either side. Acceleration should occur above 1.2423 or under 1.2112 limits.

EUR-CHF

Corrective dips should ideally halt near 1.5132 or 1.5081 for one more thrust upwards towards 1.5199 – 1.5265 area or 1.5368 in extention. Fall below 1.5029 puts it back on a downward path

EUR-GBP

It is likely to attempt to below 0.831 while below 0.8439 – 0.8472 area. Rise above 0.8536 would dampen this bearish expectation

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1841

1.1886

1.1914

1.1960

1.2005

1.2033

1.2078

USD-JPY

94.92

95.57

95.96

96.61

97.25

97.65

98.29

AUD-USD

0.6246

0.6336

0.6391

0.6481

0.6571

0.6627

0.6717

USD-CAD

1.1950

1.2070

1.2143

1.2262

1.2381

1.2455

1.2574

NZD-USD

0.5376

0.5435

0.5471

0.5530

0.5589

0.5626

0.5685

GBP-JPY

137.80

140.09

141.51

143.81

146.10

147.52

149.82

EUR-GBP

0.8309

0.8371

0.8409

0.8471

0.8533

0.8571

0.8633

EUR-JPY

118.28

119.70

120.58

122.00

123.42

124.30

125.72

EUR-CHF

1.4897

1.4987

1.5042

1.5132

1.5221

1.5276

1.5366

Other Technical Outlooks

EUR-USD

There are initial signs of a good corrective recovery towards 1.2759 or even 1.2808. Supports at 1.2651 and 1.2592 zone

USD-CHF

A corrective/consolidation activity between 1.1860 and 1.1980 is likely for a while.

USD-JPY

There are initial signs of a good corrective recovery towards 97.59 or even 98.08. Supports at 96.60 and 96.10 zone.

EUR-JPY

There are initial signs of a good corrective recovery towards 124.48 or even 125.51. Supports at 122.29 and 121.14 zone

AUD-USD

There are initial signs of a good corrective recovery towards 0.6618 or even 0.6653. Supports at 0.6525 and 0.6468 zone.

USD-CAD

It may attempt a test higher to 1.2284 after which weakness may set it to a drift down to below 1.2121 limit.

EUR-CHF

Positive momentum should help it to test 1.5203 or 1.528 while above 1.5087 – 1.5125 zone. A break of 1.5048 will dent this bullish view.

EUR-GBP

A corrective rise should ideally test 0.8631 or even higher than 0.8691. Supports are at 0.8555. Stop loss below 0.8465 zone.

S3

S2

S1

P

R1

R2

R3

EUR-USD

USD-CHF

1.1776

1.1834

1.1869

1.1927

1.1985

1.2020

1.2078

USD-JPY

95.06

95.82

96.30

97.02

97.83

98.31

99.07

AUD-USD

0.6310

0.6399

0.6454

0.6543

0.6632

0.6687

0.6776

USD-CAD

1.1989

1.2096

1.2163

1.2270

1.2377

1.2443

1.2550

NZD-USD

0.5371

0.5460

0.5514

0.5603

0.5691

0.5746

0.5834

GBP-JPY

138.02

140.08

141.35

143.40

145.46

146.73

148.78

EUR-GBP

0.8457

0.8500

0.8526

0.8569

0.8612

0.8639

0.8682

EUR-JPY

118.75

120.42

121.46

123.13

124.80

125.84

127.51

EUR-CHF

1.4947

1.5007

1.5044

1.5103

1.5163

1.5200

1.5260