Couldn’t hold above the 1.4712 support level Friday and it fell all that way to test minor support at 1.4636, where is basically closed on Friday. Next key support is 1.4620 (rising uptrend from 17 Aug) followed by 1.4530 (old DM 1995 high)


Res 31.4970

Res 21.4880

Res 11.4710

Sup 11.4620

Sup 21.4580

Sup 31.4530

Key resistance today1.4710

Key support today1.4620

Favoured strategy today:Bullish above 1.4620


Support at 2.0520 and 2.0454 now, with rising key uptrend 2.0475. On the upside the key resistance point to watch is 2.0830 and falling resistance coming in at 2.0770. Bullish above rising support at 2.0475 today and might be worth trying to buy in that region for another run higher.


Res 32.0894

Res 22.0844

Res 12.0770

Sup 12.0520

Sup 22.0475

Sup 32.0440

Key resistance today2.0770

Key support today2.0475

Favoured strategy today:Bullish above 2.0590


CHF losing ground across the board as stock rallied strongly over the last few sessions. Broke above key resistance at 1.1206 Friday and moved about 120 pips higher during the afternoon Friday. Next key resistance is falling trend line from 12th of October coming 1.1413 today. Also have reaction high from 8th of Nov at 1.1344 as resistance. 50% retracement of the 1.1894 – 1.0885 move is at 1.389, so any approach towards 1.1400 looks like a selling opportunity.


Res 31.1370

Res 21.1270

Res 11.1230

Sup 11.0855

Sup 2

Sup 3

Key resistance today1.1230

Key support today1.0855

Favoured strategy today:Bearish below 1.1230



Still same situation as Friday and I expect higher levels as stocks have been rebounding strongly over the last few sessions. Broke above the 109.20 level (falling resistance) last week and that opens for higher levels near term and a possible rally to 111.70 where the next resistance is located.


Res 3113.23

Res 2112.00

Res 1111.70

Sup 1109.46

Sup 2108.77

Sup 3107.20

Key resistance today111.70

Key support today109.46

Favoured strategy today:Bullish above 109.46


This pair has been very choppy over the last few days trading inside a 160.20 – 163.82 range and I prefer to trade this range from the long side buy vs. minor support at 161.50 for today.


Res 3165.90

Res 2164.30

Res 1163.70

Sup 1161.50

Sup 2161.30

Sup 3160.46

Key resistance today163.70

Key support today161.50

Favoured strategy today:Bullish above 161.50


Have support down at 0.7100 level and any test of this level could be a nice long setup Support/Resistance Indicators/momentum

Res 30.7210

Res 20.7180

Res 10.7165

Sup 10.7120

Sup 20.7090

Sup 30.7042

Key resistance today0.7254

Key support today0.7090

Favoured strategy today:Bullish above 0.7090



Trading inside the well defined trend channel with resistance of 1.0076 as overhead and 0.9865 as underlying support. Have daily reaction high from 4/10 coming in at 1.0014 as well. Try to use the upper end of this trend channel to go short and bottom to buy. However I favor playing this from the short side at the moment.


Res 31.0077

Res 21.0014

Res 10.9995

Sup 10.9865

Sup 20.9830

Sup 30.9776

Key resistance today1.0077

Key support today0.9865

Favoured strategy today:Play range

Major events today (GMT)

09:00EMU PMI Manufacturing (Nov)

09:30UK PMI Manufacturing (Nov)

13:00Fed’s Rosengren speaks on Subprime

15:00US ISM Manufacturing (Nov)

15:30US Treasury Paulson speaks

20:30Fed’s Yellen speaks

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