EUR

The Euro versus Dollar pair traded around the resistance level at 1.4060 where we still hold our outlook to the upside on the intraday basis to breach this level and target 1.4450 as far as 1.3800 remains intact.

The trading range for today is among the key support at 1.3625 and the key resistance at 1.4450

The general trend is to the downside as far a 1.4710 remains intact with targets at 1.2120

GBP

The Cable breached the resistance level at 1.6435 and is attempting to extend its gains towards 1.6685 and 1.6850 on the intraday basis. The 1.5930 level must remain intact for the pair to incline.

The trading range for today is among the key support at 1.5910 and the key resistance at 1.6850

The general trend is to the upside as far as 1.4840 remains intact with targets at 1.6830

JPY

The USD/JPY pair breached the minor support at 97.90 and is currently trading below it to open the way towards 97.15 (the neckline for the bearish technical pattern) before extending towards 95.50. This decline remains as far as 98.30 is intact.

The trading range for today is among the key support at 94.50 and the key resistance at 100.70

The general trend is to the downside as far as 102.60 remains intact with targets at 84.95 and 82.60

CHF

The Dollar versus Swissy Pair neared the pivot support at 1.0740 yet failed to breach it resulting in a rebound to the upside towards the key resistance for the downside channel as seen in the above image. We still hold our outlook to the downside pressuring the pivot support level with next targets at 1.0440 as far as 1.0815 remains intact.

The trading range for today is among the key support at 1.0440 and the key resistance at 1.0980

The general trend is to the upside as far as 1.0570 remains intact with targets at 1.2245

CAD

The Dollar versus Loonie pair is declining gradually towards the pivot support at 1.0940. Our outlook is still to the downside towards the above mentioned support where a breach will take the pair to 1.0600. The downside trend remains as far as 1.1105 is intact.

The trading range for today is among the key support at 1.0785 and the key resistance at 1.1395

The general trend is to the downside as far as 1.1870 remains intact with targets at 1.0300