SwissUSD-CHF @ 1.0011/14...Bearish

R: 1.0050-75 / 1.0130 / 1.0180-0200
S: 0.9980 / 0.9950-30 / 0.9875-50

The Resistance region 1.0050-75 mentioned earlier is holding up the downside pressure and Swiss has fallen from the day's high of 1.0075. But, a break below the Support at 0.9980 was also not seen over the past couple of days. However, the broader picture continue to remain bearish and we may expect a break below the Support at 0.9980 and see a dip towards 0.9875-50 over the next few days. Any sharp upmove is not looking likely now and we expect the Resistance in 1.0050-75 region continue to hold in the US session today.

Limit Sell Order:

Sell USD 10K at 1.0060, SL 1.0130, TP Open

CableGBP-USD @ 1.6564/69...Stiff Resistance at 1.66

R: 1.6581 / 1.6624 / 1.6668-82
S: 1.6518 / 1.6491-64 / 1.6398

Cable has risen above the Resistance at 1.6530. Further rise from here is likely to be contained near 1.6668 which is the trendline Resistance on the daily candles (trendline formed by joining the Highs of 1.6873 (17-Nov), 1.6746 (25-Nov), 1.6725 (26-Nov). We would look to sell near this Trendline Resistance. If this Resistance holds strong, the pair may come down towards 1.6250 over the next few days.

Limit Sell Order:

Sell GBP 10K at 1.6668, SL 1.6725, TP Open

AussieAUD-USD @ 0.9225/28...Resistance at 0.9260 on the weekly chart

R: 0.9260 / 0.9330 / 0.9380
S: 0.9180 / 0.9120-00 / 0.9050

Aussie has risen sharply from the low of 0.9106 breaking above the Support-turned-Resistance at 0.9210 mentioned earlier. This sharp rise seen during the day has eased the threat of the Trend reversal and is keeping up the hopes of the continuation of the uptrend alive. 0.9260 is the next significant Support-turned-Resistance Trendline level seen on the weekly chart. We will have to wait and watch the market to get clear idea on the further direction of move.