EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – BEAR RANGE
SUPPORT – .8770 (Tue lows) .8740 (recent low) .8720(61.8% Fib) .8400(trendline)
RESISTANCE - .8840 (prev high), .8870 (prev high) .8905 (neckline)
TRADE STRATEGY – Sell at .8870 risking .8910 targeting .8740
USDCHF
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE, SHORT TERM – BULL RANGE
SUPPORT – 1.6520(interim low) 1.6470 (prev low) 1.6400 (trend line)
RESISTANCE – 1.6625 (50% Fib) 1.6700 (resis line) 1.6770 (prev high) 1.6980 (50% Fib)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH, MEDIUM TERM – WAVE 2 MAY BE COMPLETE - BULLISH, SHORT TERM – BEARSIH
SUPPORT – 123.30 (prev highs) 122.70 (38% Fib) 122.15 (50% Fib)
RESISTANCE – 124.20 (interim high) 124.55 (Tue high) 125.05 (trendline)
TRADE STRATEGY – Sell at 124.00 risking 124.55 targeting 122.70
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE – BULLISH, SHORT TERM – BASE FINALLY IN PLACE?
SUPPORT – 1.4065 (support line) 1.4035 (low)
RESISTANCE –1.4220 (Friday high & neckline resistance)
TRADE STRATEGY – Neutral.
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – RANGE
SUPPORT - .6210 (consol lows) .6170 (interim support and 50% Fib) .6150 (61.8% Fib)
RESISTANCE – .6260 (range high) .6300 (prev high)
TRADE STRATEGY – Sell at .6245 risking .6265 targeting .6150.
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – BULLISH,
SUPPORT – 109.10 (interim supp) 108.65 (channel bottom) 107.80 (interim low) 106.80 (range low)
RESISTANCE – 119.80 (Tue high) 110.15 (bull channel high)
TRADE STRATEGY – Neutral
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEAR RANGE, SHORT TERM – BULLISH
SUPPORT – 1.4610 (wave overlap) 1.4560 (prev low)
RESISTANCE – 1.4670 (trend line) 1.4790 (recent high) 1.4920 (prev high)
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM –NEUTRAL
SUPPORT – .5180 (trend line) .5150 (recent low) .5145 (gap)
RESISTANCE – .5245/55 (key resis, 61.8% Fib) .5285 (congestion)
TRADE STRATEGY – Buy at .5195 risking .5175, targeting .5245
USDCAD
LONG TERM – BULLISH , MEDIUM TERM – BULLISH ,SHORT TERM – BULLISH
SUPPORT – 1.5915 (minor support) 1.5870 (Fib support) 1.5825 (prev low)
RESISTANCE – 1.5970 (interim high) 1.6045 (high)
TRADE STRATEGY – Buy at 1.5945 risking 1.5910 targeting 1.6040