SwissUSD-CHF @ 0.9523/26...Significant Resistance in 0.9600-20 region
R: 0.9550 / 0.9600-20 / 0.9670-0.9700
S: 0.9480 / 0.9450 / 0.9400

 

Dollar-Swiss has risen above 0.9520, but is not showing much upside momentum for a strong rise. While above 0.9500, there is a chance of testing the significant Support-turned-Resistance in 0.9600-20 region. A break above 0.9600-20 Resistance region is not looking likely. Overall the pair is expected to remain pressured on the downside and we might expect Seller coming in the 0.9600-20 region.

CableGBP-USD @ 1.6212/16...Might be very bullish
R: 1.6250 / 1.6300
S: 1.6080 / 1.6050 / 1.6000

 

Cable is trading above 1.6200, but it is looking indecisive for a strong rise further. Today's closing will have to be watched which would play a significant role in the further direction of move going forward. However, with the strong rise seen this week even after a sharp fall in the middle of the week, the pair is looking bullish in the broader picture. As such we might even see a strong rise to 1.6600-6800 in the coming weeks. As of now, we are continuing to stay away and watch the market.

AussieAUD-USD @ 1.0105/08...Might rise to 1.0150-0200
R: 1.0200 / 1.0250
S: 1.0100-0090 / 1.0050

 

Aussie is fell during the day, but has bounced back above 1.0100 from the low of 1.0088. The broader bullish view remains intact for a rise to 1.0150-0200. A strong break above 1.0200 would be very bullish. On the downside immediate Support is seen at 1.0100-1.0090 region which is holding as of now and then Support is seen at 1.0050. Any sharp downmove is not looking likely now.

Holding:
Buy AUD 10K Long at 0.9999, SL 1.0080 (up from 1.0020), TP 1.0160
As soon as the market trades 1.0060 trail SL up to 1.0020