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Other Technical Outlooks

EUR-USD

Preferred view is for a fall to below 1.2680 while 1.2863 – 1.2988 area resists. A clear break of 1.3172 would be bullish.

USD-CHF

It may attempt a test higher to 1.1463 after which weakness may set it to a drift down to below 1.1274 limit.

USD-JPY

It may test to 99.50, and if break up, can up to 101.00

EUR-JPY

While below 125.82 or 127.57 it could fall towards below 124.07 or 121.3. After which a corrective/consolidation activity is expected to 128.96 zone

AUD-USD

While below 0.6895 it is more likely to fall further towards 0.6688 or 0.662. Premature rise above 0.6895 could see it rising above 0.7031 zone.

USD-CAD

It may meet resistance in 1.2012 – 1.2056 zone for a drift down to 1.1879 zone, after which bounce to 1.2134 is anticipated

EUR-CHF

While below 1.4673 or 1.4751 it could fall towards below 1.4594 or 1.4464. After which a corrective/consolidation activity is expected to 1.4816 zone.

EUR-GBP

Prefer a fall to 0.7853 or 0.7799. Then a correction to 0.7939 is anticipated. A clear break of 0.7734 is again bearish

125.15

Other Technical Outlooks

EUR-USD

Currently uptrend should end around 1.3112 – 1.3099 area. A correction down to below 1.2733 is expected. A rise above 1.3228 will abort the expected correction.

USD-CHF

Market should meet resistance at 1.1372. We expect then an extended move down to 1.1189 -1.0987 area

USD-JPY

There are initial signs of a good corrective recovery towards 98.53 or even 99.34. Supports at 96.72 and 95.72 zone.

EUR-JPY

Uptrend is still intact. It should continue to rally to 129.03 or 130.92 if supports at 125 area hold. We anticipate a pullback to 125 – 123.84 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 129.03 limit.

AUD-USD

While below 0.6873 it is more likely to fall further towards 0.6512 or 0.6417. Premature rise above 0.6873 could see it rising above 0.7063 zone

USD-CAD

Market should meet resistance at 1.24. We expect then an extended move down to 1.1948 -1.1607 area.

EUR-CHF

There are initial signs of a good corrective recovery towards 1.4705 or even 1.4755. Supports at 1.4590 and 1.4524 zone

EUR-GBP

It is likely to attempt nearer support at 0.7828 for extending further to below 0.7748 while below 0.7909 – 0.7957 area. Rise above 0.7997 would dampen this bearish expectation.

122.72

Other Technical Outlooks

EUR-USD

Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2506 or 1.2387. Major support is clustered around 1.2263 limit.

USD-CHF

Market looks set for gains towards 1.1804 or above in extension. Dips should find support at 1.1643 – 1.1590 zone.

USD-JPY

It should test 94.93 area after which a sell off down to 91.02 or extended to 87.39 area is expected.

EUR-JPY

It is likely to fall towards 106.54 unless a corrective rally breaks the 123.23 resistance. Stop above 126.39 zone.

AUD-USD

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.5925 or 0.5920. Major support is clustered around 0.5788 limit.

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2844 or 1.3078 if support around 1.2668 hold. After which a pullback to 1.2668 – 1.2582 zone is possible.

EUR-CHF

It is likely to attempt nearer support at 1.4411 for extending further to below 1.4094 while below 1.4727 – 1.4888 area. Rise above 1.5046 would dampen this bearish expectation.

EUR-GBP

There are initial signs of a good corrective recovery towards 0.8056 or even 0.8103. Supports at 0.7915 and 0.7821 zone

114.85

Other Technical Outlooks

EUR-USD

It may meet resistance in 1.2852 – 1.289 zone for a drift down to 1.2741 zone, after which bounce to 1.2966 is anticipated

USD-CHF

While below 1.1725 it is more likely to fall further towards 1.1570 or 1.1522. Premature rise above 1.1725 could see it rising above 1.1820 zone

USD-JPY

Market should not go lower than 95.67. After this move down it should go up to 97.45 – 98.49 area

EUR-JPY

It may meet resistance in 125.57 – 127.23 zone for a drift down to 120.59 zone, after which bounce to 128.53 is anticipated

AUD-USD

Is expected to fall lower than 0.6533. Entry sell point are at 0.6778 or 0.6827 . Stop loss above 0.6827.

USD-CAD

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2851 or 1.2907 if support around 1.2415 hold. After which a pullback to 1.2415 – 1.2323 zone is possible

EUR-CHF

It may meet resistance in 1.4952 – 1.4960 zone for a drift down to 1.4929 zone, after which bounce to 1.5014 is anticipated

EUR-GBP

While below 0.797 it is more likely to fall further towards 0.7858 or 0.7825. Premature rise above 0.7970 could see it rising above 0.8035 zone

124.58

Other Technical Outlooks

EUR-USD

There is bearish potential for a fall to 1.3244 or 1.3145 while 1.3438 – 1.3487 resist. After this fall a recovery up to 1.3438 or 1.3487 is expected

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1514 or 1.1645 if support around 1.1448 hold. After which a pullback to 1.1448 – 1.1411 zone is possible.

USD-JPY

Preferred view is for a fall to below 101.35 while 101.86 – 101.88 area resists. A clear break of 102.39 would be bullish.

EUR-JPY

While below 136.43 – 137.24 it might drop to 134.3 or below 132.68 zone

AUD-USD

Currently uptrend should end around 0.7083 – 0.7099 area. A correction down to below 0.6937 is expected. A rise above 0.7155 will abort the expected correction

USD-CAD

A corrective/consolidation activity between 1.1776 and 1.2115 is likely for a while.

EUR-CHF

It should trade higher to 1.5382 while 1.5307 or 1.5285 offers support. Stop loss below 1.5262 zone.

EUR-GBP

It should trade higher to 0.7811 or above 0.7842 in extention. Supports at 0.7737 and 0.7752. Stop loss below 0.7721 zone

134.98