Swiss USD-CHF @ 1.0464/67...Strong Support at 1.0400

R: 1.0500 / 1.0627 / 1.0700 S: 1.0450-30 / 1.0400 / 1.0350

Dollar-Swiss is currently trading below 1.0480. we may now see the pair move towards 1.0450-00 in the US session today. We continue to hold our view of a very strong Support at 1.0400 which is expected to hold in the coming sessions/days. However, a break below 1.0400 (less chances) may take it further down towards 1.0350, in the coming sessions over today and tomorrow. The suggested max high and max low for the day is 1.0653 and 1.0389 respectively.

In the bigger picture, we are still bullish on the pair with chances of a rise past 1.10-11 in the coming weeks.

Cable GBP-USD @ 1.5352/55...Mixed

R: 1.5400 / 1.5444 S: 1.5270 / 1.5220 / 1.5100

Cable touched a high of 1.5362 in the European session today. We are still cautious on the pair and will be bullish only on a close past 1.5350 this week. In case the pair tests 1.5350 and comes down, we may see it move in the range of 1.5270-350 in the US session today.

In the long term we are bullish on the pair with chances of a rise towards 1.55-56 in the coming weeks. Aussie AUD-USD @ 0.8841/44...Bearish

R: 0.8870-80 / 0.8975 S: 0.8770 / 0.8710-690 / 0.8640-20

Aussie touched a low of 0.8754 in the Asian session today followed by a rise past 0.8820 in the European session today. The pair is still trading near 0.8800 and we need to wait and watch if it closes above the 55 Week MA (0.8803) in this week. In the US session today, we see higher chances of the pair moving in the range of 0.8850-8780.

However, an immediate upmove may see 0.8870-90 on the pair in the coming sessions over today and tomorrow, STILL we expect higher chances of a downmove than an upmove.

In the longer term we are bearish on the pair with chances of fall towards 0.8500-400 in the coming weeks.

Happy Trading!