EurUsd eyeing 1.4900 and 1.5000 as next targets, provided the pair surpasses 1.4785 last week. Support at 1.4570 holds the door to expose 1.4280.
GbpUsd 1.9700 holds as the key support, anything below is very bearish, Longs will only lock in at 2.0100 or higher. Market has support at 1.9590 (38.2% retracement of 2 years 1.7049 â€“ 2.1161 advance). Minor support holds 1.9650 yesterday low.
UsdJpy remains weak below 109.76 and might head towards 107.25 low of November 26, 2007. As the pair trades below 109.76, the target is well in sight. Strong resistance holds 111.92 early January high.
UsdChf need a return over 1.1160 to clear the actual downtrend. Initial resistance holds 1.1202. The pair eyes a move down to a downward target of 1.0950 and a possible spike to 1.0889. The pair holds very heavy under 1.1372. Initial support holds 1.1019 Friday low.