EurUsd December downtrend remains strong below 1.4520 former support. Further pressure might open the way toward 1.4280 former resistance. This could put into focus 1.4000 nearby support and 1.4125 trendline support. Initial support hold 1.4311 yesterday low. Initial resistance holds 1.4520 former support.
GbpUsd Following recent break of 2.0200 support (23.8% retracement) it dropped below 2.0000 psychological and key level. Further pressure might open the way down to 1.9590 (50% retracement 1.7049 â€“ 2.1161). On the upside, 2.0000 former support marks now the initial resistance in front of 2.0200 and 2.0577 Dec 12th high. Yesterday low 1.9810 holds initial support.
UsdJpy Uptrend started end November hit 113.61 last Friday. This recent move up put 114 into focus. Further strength may open the way toward 117.63 resistance. On the downtrend, initial support holds 110, before 107.22 trend November 26th low. Initial resistance holds 113.61last Friday high.
UsdChf Uptrend from 1.0888 late November low remains strong. Market had found support on 1.1327 end November high. It would need a return over 1.1640 level to relieve 6 months bear threat. Initial support holds 1.1402 Friday low. Initial resistance holds 1.4595 yesterday high.