EURUSD
SUPPORT – .8860 (low), .8830 (50%Fib), .8825 (prev low), .8720 (61.8% Fib)
RESISTANCE - .8930 (yest high) .8960 (prev low), .8970 (trend line) .9140 (range high), .9245 (top of
congestion)
TRADE STRATEGY – Neutral.
LONG TERM – BEARISH , MEDIUM TERM – BULL RANGE , SHORT TERM – BASING?
USDCHF
SUPPORT – 1.6525 (prev high) 1.6450 (wave overlap) 1.6445 (trendline)
RESISTANCE – 1.6645 (38.2%Fib) 1.6725 (wave projection) 1.6945 (50% Fib) 1.7105 (prev high)
TRADE STRATEGY – Neutral.
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE , SHORT TERM – STILL OVER SUPPORT .
USDJPY
SUPPORT – 122.20 (recent low) 121.90 (Wed low) 120.70 (recent low)
RESISTANCE –123.10 (overnight high), 124.25 (76.4% Fib)
TRADE STRATEGY – Buy at 122.25 risking 121.85 targeting 123.20.
LONG TERM – BULLISH , MEDIUM TERM – WAVE 2 ALREADY OVER? , SHORT TERM – BULLISH BREAKOUT?
GBPUSD
SUPPORT – 1.4265 (38.2% Fib) 1.4255 (50% Fib) 1.4235 (61.8% Fib)
RESISTANCE – 1.4320 (wave 3 extreme) 1.4360 (prev 4th) 1.4390 (61.8% Fib)
TRADE STRATEGY – Buy at 1.4265 risking 1.4210 targeting 1.4400.
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE, SHORT TERM - BULL RANGE
EURGBP
SUPPORT - .6230 (overnight low) .6210 (76% Fib) .6185/65 (Key support) .6070 (prev low)
RESISTANCE – .6285 (trendline) .6300 (prev high) .6345 (prev high) .6365( Prev high)
TRADE STRATEGY – Neutral.
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – STILL IN RANGE
EURJPY
SUPPORT – 108.60 (prev low) 108.30 (62% Fib) 107.45 (76% Fib) 106.80 (trend line)
RESISTANCE – 109.65 (interim high) 110.00 (62% Fib) 110.65/90 (key highs) 111.30 (Fib resis)
TRADE STRATEGY – Neutral.
LONG/MEDIUM TERM – BULLISH , SHORT TERM – RANGE
EURCHF
SUPPORT – 1.4735 (prev low) 1.4725 (38.2% Fib) 1.4695 (prior low) 1.4665 (50% Fib)
RESISTANCE – 1.4835 (yest high) 1.4900 (minor resis) 1.4930 (prev high)
TRADE STRATEGY – Buy at 1.4770 risking 1.4730 targeting 1.4860.
LONG TERM - BEARISH , MEDIUM TERM – BEAR RANGE, SHORT TERM – BULL RANGE
AUDUSD
SUPPORT – .5055 (prev low) .4965 (prev low) .4900 (76% Fib & prev low) .4850 (prev low)
RESISTANCE – .5110 (interim high) .5170 (15th high) .5245/55 (key resis) .5285 (congestion)
TRADE STRATEGY – Sell at .5080 risking .5110 targeting .5030
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BEARISH
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BEARISH/RANGE, SHORT TERM – BEARISH
SUPPORT – 1.5690 (overnight low) 1.5650 (61.8% Fib) 1.5555 (prev low)
RESISTANCE – 1.5740 (retracement high) 1.5810 (high) 1.5860 (minor resis) 1.5900 (pyschological)
TRADE STRATEGY – Sell at 1.5730 risking 1.5780 targeting 1.5660