EurUsd Market disregards US Dollar and Euro jumped to all-time high 1.5229. Medium term trading range is still 1.4500 – 1.5300. Initial support hold 1.5073 yesterday low. Psychological 1.5000 level marks strong support before 1.4500 pivot point.

GbpUsd Cable broke last Friday 1.9630 upper Trendline resistance and advanced up to 1.9972 Wednesday. But return in uptrend will be only confirmed over 2.0000 key level and 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 – 2.1162 advance). Initial support holds 1.9630 former Trendline resistance.

UsdJpy It remains weak in the last 3 consecutive sessions. On the downside, further weakness might open the door down to 101.68 January 2005 low and 101.22 November 1999 low. On the Upside, only 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 remains weak. It hit yesterday 1.0484 low and 1.0451 today. Further weakness might open the way down to 1.0000 psychological level. Uptrend would return over 1.0700 and open the way for 1.1130 (38.2% of 1.1603 – 1.0838 decline). Early January double top 1.1191 marks strong resistance.