Euro

The Euro versus Dollar pair was able to build a solid base at the 1.3605 support level to incline towards the minor resistance at 1.3665. as we see in the above image the importance of this level, a breach to the upside will take the pair towards 1.3850 and 1.3900 as far as 1.3250 remains intact on the short term.

The trading range for today is among the key support at 1.3250 and the key resistance at 1.3850

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

Support1.36151.35401.34801.34401.3345
Resistance1.36651.37201.37751.38101.3850
RecommendationOur morning recommendation remains valid
Great British Pound (GBP)

The Cable attempted to breach the resistance level at 1.5500 yet failed to do so as it reversed to currently maintain levels below it as it is negatively pressured by momentum indicators. We still hold our outlook to the upside yet we may witness further declines to 1.5440 to gather bullish momentum before rebounding back up to 1.5775 as far as 1.5280 remains intact for today.

The trading range for today is among the key support at 1.5125 and the key resistance at 1.5775

The general trend is to the upside as far as 1.4840 remains intact with targets at 1.6600

Support1.54401.53801.53451.52801.5235
Resistance1.55001.55501.56001.56401.5720
RecommendationOur morning recommendation remains valid

Japanese Yen (JPY)

The USD/JPY pair continued to trade around the 95.75 level where momentum indicators are showing the pair within an oversold area. Our outlook remains to the downside with a breach of 95.35 to target 93.50 and 92.40. This decline remains as far as 96.80 is intact.

The trading range for today is among the key support at 92.40 and the key resistance at 98.50.

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

Support95.3594.5093.9593.5092.95
Resistance96.1596.8097.6098.1098.85
RecommendationOur morning recommendation remains valid

Swiss Franc (CHF)

The Dollar versus Swissy pair continued to decline since the morning gradually as it reached the minor support level at 1.1075. We still expect the pair is to breach the above mentioned level to target 1.0880 after breaching the 1.0980 as well.

This decline remains as far as 1.1435 is intact on the short term.

The trading range for today is among the key support at 1.0745 and the key resistance at 1.1435

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

Support1.10751.10351.09701.09201.0880
Resistance1.11651.12501.13151.13551.1435
RecommendationOur morning recommendation remains valid

Canadian Dollar (CAD)

The Dollar versus Loonie declined with high volatility around the 1.1550 support level yet we still see negative pressures on the pair resulting in bearish momentum. We still hold our outlook to the downside to breach the above mentioned level with no need for an upside correction to target 1.1335. This outlook remains valid as far as the key resistance at 1.2000 is intact.

The trading range for today is among the key support at 1.1335 and the key resistance at 1.2000

The general trend is to the upside as far as 1.1335 remains intact with targets at 1.3000

Support1.15501.14701.14101.13701.1335
Resistance1.16501.16751.17151.17501.1810
RecommendationAccording to our analysis, sell the pair below 1.1580 with targets at 1.1470 and stop loss with four hour closing above 1.1655