Couldn’t get above 1.50 Friday and actually closed off quite some way of the high, which I see as a bit bearish near term and could we see a correction towards 1.4530 support near term? Rising support coming in at 1.4750 today, so above this level it should still have a chance to challenge 1.50.


Res 3

Res 21.5000

Res 11.4970

Sup 11.4750

Sup 21.4620

Sup 31.4530

Key resistance today1.5000

Key support today1.4750

Favoured strategy today:Bullish above 1.4750


Looks like Friday’s range of 2.0761 to 2.0518 needs to be broken to define the next direction. One could try to play this range until a break. Tested the upper end once again overnight but fell back.


Res 32.0894

Res 22.0844

Res 12.0761

Sup 12.0583

Sup 22.0520

Sup 32.0440

Key resistance today2.0761

Key support today2.0583

Favoured strategy today:Bullish above 2.0583


Closed below 1.10 level yesterday, which opens for further declines towards 1.06 level or so. That being said, Friday’s price action could potentially be a huge reversal candle. We will see the next few sessions. Therefore I am a bit cautious to play the short side today until I see reaction to Friday’s action.


Res 31.1370

Res 21.1185

Res 11.1100

Sup 11.0855

Sup 2

Sup 3

Key resistance today1.1100

Key support today1.0855

Favoured strategy today:Bearish below 1.1100



Didn’t quite like the price action Friday and the candle formation opens for a correction higher. But below 109.05 level (falling resistance) it should have potential for lower levels.


Res 3112.00

Res 2110.00

Res 1109.05

Sup 1107.20

Sup 2106.00

Sup 3

Key resistance today109.05

Key support today107.20

Favoured strategy today:Bearish below 109.05


Falling resistance coming in at 161.88 today, but more meaningful resistance is at 162.50. Moving below 160 level late last night and next key support is 158.67 (Nov 13 low). Key resistance is still at 163.90 level. The bearish pressure will be dominant as long as the risk aversion theme is the main focus.


Res 3163.90

Res 2162.70

Res 1162.25

Sup 1160.00

Sup 2158.67

Sup 3155.14

Key resistance today163.90

Key support today160.00

Favoured strategy today:Watch 160.00 level


Looks a bit toppish near term and could easily dip to 0.7120 level before further advances. Support at 0.7120 that I expect to be tested near term.


Res 30.7300

Res 20.7254

Res 10.7213

Sup 10.7164

Sup 20.7120

Sup 30.7100

Key resistance today0.7254

Key support today0.7176

Favoured strategy today:Bullish above 0.7176



Could test 0.9982 resistance as long as 0.9803 support holds, however it looks the correction is running a bit out of steam and I don’t rule out a test lower near term.


Res 31.0014

Res 20.9982

Res 10.9940

Sup 10.9803

Sup 20.9776

Sup 30.9703

Key resistance today0.9940

Key support today0.9803

Favoured strategy today:Bullish above 0.9803

Major events today (GMT)

09:00GER IFO (Nov)

15:00US Consumer Confidence (Nov)

16:15BOE’s Blanchflower testifies in Parliament

17:20Fed’s Plosser speaks

18:30Fed’s Evans speaks

18:45BOE’s Sentance speaks

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