EurUsd Market disregards US Dollar and Euro jumped to all-time high 1.5116 +0.79%. Medium term trading range is still 1.4500 â€“ 1.5116. Initial support hold 1.4981 yesterday low. Pivot point 1.4500 marks strong support before 1.4311 trendline support and 1.4280 strong support.
GbpUsd Cable broke last Friday 1.9630 upper Trendline resistance and advanced up to 1.9972 yesterday. But return in uptrend will be only confirmed over 2.0000 key level before 2.0100 resistance. Renewed pressure below 1.9500 might reopen the way down to 1.9337 January low and 1.9105 (50% retracement of 1.7049 â€“ 2.1162 advance). Initial support holds 1.9630 former Trendline resistance.
UsdJpy Market went off 108 pivot point. On the downside, further to yesterday 105.96 low, supports are set on 105.77 February low and 104.97 23rd January low, ahead of 104.20 trendline support. A return over 108 may open the way up to 110.10 strong (Trendline) resistance and mid January double top ahead of 111.92 early January high.
UsdChf Market broke down 1.0732 February 1st low. It hit yesterday 1.0610 low. Initial resistance holds 1.0761. Renewed uptrend might look for 1.1130 (38.2% of 1.1603 â€“ 1.0838 decline). Early January double top 1.1191 marks strong resistance. Initial support holds 1.0613 today low. Yesterday 1.0610 low marks support before 1.0500 Key level.