EUR

 

After the negative pressure on the minor support yesterday, the Euro versus Dollar pair rebounded from the 1.3885 level to maintain trading above 14000. We still hold our outlook to the upside on the intraday with targets at 1.4105 to open the way towards the short term target at 1.4600 as far as 1.3850 remains intact.

The trading range for toady is among the key support at 1.3655 and the key resistance at 1.4340

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

GBP

 

The Cable's attempts to close below the key support at 1.6335 failed resulting in the short term trend to remain to the upside till now. We believe the pair is to incline to target the pivot level at 1.6525 in an attempt to open the way towards 1.7200 as far as 1.6378 remains intact.

The trading range for today is among the key support at 1.5900 and the key resistance at 1.6750

The general trend is to the upside as far as 1.4840 remains intact with targets at 1.7100

JPY

 

The minor resistance at 96.55 was able to stop the USD/JPY pair from further inclines to reverse back to the downside to currently maintain levels below the 96.25 level. We still hold our outlook to the downside on the intraday basis breaching 95.50 to open the way towards 93.00. The 98.00 level must remain intact on the short term for the pair to continue declining.

The trading range for today is among the key support at 93.00 and the key resistance at 98.85

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

CHF

 

The Dollar versus Swissy pair decline after a double top formation at 1.1018 to breach the pivot support at 1.0920 and open the way for further declines that took the pair to 1.0720. Momentum indicators show bullish signs which may result in slight volatility to retest 1.0920 before reversing back to the downside. The 1.1085 level should remain intact for the decline to continue.

The trading range for today is among the key support at 1.0700 and the key resistance at 1.1165

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

CAD

 

The Dollar versus Loonie pair couldn't breach the key resistance at 1.1595 to reverse to the downside in an attempt to target the key support at 1.1200. Our outlook remains to the downside to breach the 1.1495 level before reaching our targets as far as 1.1620 remains intact.

The trading range for today is among the key support at 1.1200 and the key resistance at 1.1815

The general trend is to the downside as far as 1.1870 remains intact with targets at 1.0300