USD-CHF @ 1.1114/17...Mixed
R: 1.1140 / 1.1195 / 1.1235-55 S: 1.1056 / 1.1020-00 / 1.0930
Dollar-Swiss is trading absolutely flat between 1.1090-1.1130 since the Asian session today. It is continuing to trade below the 55-DMA (1.1126) and while it continues to trade below it, there are good chances of further downmove towards 1.1020-00 in the US session today. Today's close will have to be watched for as it might play a significant role in the further direction of move for next week.
GBP-USD @ 1.4805/09...Resistance at 1.4880-1.4900
R: 1.4880-4900 / 1.4940 / 1.5013 S: 1.4785 / 1.4715-00 / 1.4665
Cable fell in the European session today from the high of 1.4886 and is keeping the overall bearish sentiment intact. Resistance is seen at 1.4880-1.4900 which is expected to hold as the broader picture continues to remain bearish. Note that the 13-Week-MA is at 1.4884 and the 55-DMA is at 1.4900. We might see a downmove towards 1.47-46 in the coming sessions/days.
Limit Sell Order: Sell GBP 10K at 1.4880, SL 1.4970, TP Open
AUD-USD @ 0.8678/81...Mixed
R: 0.8700 / 0.8756 / 0.8820 S: 0.8630 / 0.8530 / 0.8480
Aussie is continuing to trade below 0.87. Support is seen at 0.8640 and while it continues to hold and the pair gain upside momentum we might see a test of the 55-Week MA Resistance which is currently at 0.8756. On the other hand a strong break below 0.8630 might pull it down towards 0.8500. The outlook is still mixed and we would continue to stay away and watch the market.