EURUSD
LONG TERM – BEARISH , MEDIUM TERM – BULL RANGE , SHORT TERM – CAUTION
SUPPORT – .8975/45(/62% Fib/prev highs/overlap) .8905(interim low) .8860(low) .8825 (key low)
RESISTANCE - .9040 (overlap level) .9100(interim high) .9120(trend line) .9240(top of congestion)
TRADE STRATEGY – Neutral
USDCHF
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE , SHORT TERM – CAUTION
SUPPORT – 1.6260 (overlap level) 1.6155 (Tue low/50% Fib) 1.6060 (62% Fib)
RESISTANCE – 1.6405 (62% Fib) 1.6450 (overlap) 1.6565 (pivot point) 1.6655/85 (key highs)
TRADE STRATEGY – Neutral
USDJPY
LONG TERM – BULLISH , MEDIUM TERM – WAVE 1 FINISHED, BEAR CORRECTION, SHORT TERM – RANGE
SUPPORT – 121.95 (trigger level) 121.55 (wave “a”) 121.30/120.80 (congestion) 120.45 (38% Fib)
RESISTANCE – 122.70(62% Fib) 123.00 (trend line/76% Fib) 123.35 (high)
TRADE STRATEGY – Sell at 122.85 risking 123.20 targeting 121.80
GBPUSD
LONG TERM - BEARISH , MEDIUM TERM – BASE OF RANGE, SHORT TERM - BULLISH
SUPPORT – 1.4505 (low) 1.4465 (38% Fib) 1.4425 (50% Fib) 1.4305 (prev highs/overlap)
RESISTANCE –1.4600 (62% Fib) 1.4690 (76% Fib) 1.4845 (highs)
TRADE STRATEGY – Buy 50% at 1.4520 and 50% at 1.4465 risking 1.4420 targeting 1.4680
EURGBP
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE, SHORT TERM – REMAINS UNDER PRESSURE
SUPPORT - .6185/65 (strong support) .6100 (interim support) .6070 (prev low)
RESISTANCE – .6220 (62% Fib) .6240 (interim high) .6300 (prev high) .6345 (prev high)
TRADE STRATEGY – Sell at .6205 risking .6230 targeting .6165.
EURJPY
LONG/MEDIUM TERM – BULLISH , SHORT TERM – STILL IN RANGE
SUPPORT – 110.05 (Wed lows) 109.50 (trendline support) 108.60 (prev low) 107.45 (trend line)
RESISTANCE – 110.90 (key highs) 111.30 (Fib resis) 111.75 (prev high)
TRADE STRATEGY – Neutral.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEAR RANGE, SHORT TERM – BULL RANGE
SUPPORT – 1.4680 (prior low) 1.4665 (50% Fib) 1.4605 (62% Fib)
RESISTANCE – 1.4730 (interim high) 1.4770 (highs and trend line) 1.4835 (recent high) 1.4900
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH , MEDIUM TERM – BEARISH, SHORT TERM – RANGE
SUPPORT – .5025 (62% Fib) .4980 (trend line) .4900 (76% Fib & prev low) .4850 (prev low)
RESISTANCE – .5090 (interim high) .5245/55 (key resis) .5285 (congestion)
TRADE STRATEGY – Long from .5030 risking .5000 targeting .5135
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – BULLISH
SUPPORT – 1.5890 (congestion high) 1.5850 (congestion low) 1.5790/80 (overlap level)
RESISTANCE – 1.5945 (Fib projection) 1.6000 (psychological) 1.6060 (minor resis)
TRADE STRATEGY – Buy at 1.5915 risking 1.5885 targeting 1.5980