EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – RANGE
SUPPORT – .8805 (trend line) .8770 (Tue lows) .8740 (recent low) .8720(61.8% Fib)
RESISTANCE - .8905 (neckline) .8945 (interim resis) .8990 (trend line)
TRADE STRATEGY – Sell at .8890 risking .8925 targeting .8805
USDCHF
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE,SHORT TERM – RANGE
SUPPORT – 1.6390(trend line) 1.6220 (prev low)
RESISTANCE – 1.6535 (interim high) 1.6625 (76% Fib) 1.6700 (resis line) 1.6770 (prev high)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH , MEDIUM TERM – WAVE 2 MAY BE COMPLETE - BULLISH, SHORT TERM – BEARISH
SUPPORT – 122.70 (38% Fib) 122.15 (50% Fib) 121.55 (62% Fib)
RESISTANCE – 123.55 (interim high) 124.20 (interim high) 124.55 (Tue high) 125.05 (trendline)
TRADE STRATEGY – Neutral, potentially a near term buy around 122.70.
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE – BULLISH, SHORT TERM – BULLISH
SUPPORT – 1.4205 (neckline) 1.4165 (overlap) 1.4060 (interim low)
RESISTANCE –1.4285 (38% Fib) 1.4360 (50% Fib) 1.4435 (62% Fib)
TRADE STRATEGY – Buy at 1.4235 risking 1.4200 targeting 1.4350.
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 .6225 risking .6255 targeting .6150.
EURJPY
LONG/MEDIUM TERM – BULLISH , SHORT TERM – BULL RANGE,
SUPPORT – 108.85 (channel bottom) 108.00/107.80 (pivot area) 106.80 (range low)
RESISTANCE – 109.55/80 (interim highs) 110.35 (bull channel high)
TRADE STRATEGY – Neutral.
EURCHF
LONG TERM - BEARISH , MEDIUM TERM – BEAR RANGE, SHORT TERM – BULLISH
SUPPORT – 1.4575 (congestion lows) 1.4520 (key support)
RESISTANCE – 1.4625 (interim high) 1.4665 (trend line) 1.4790 (recent high)
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – RANGE/NEUTRAL
SUPPORT – .5185 (trend line) .5150 (recent low) .5145 (gap)
RESISTANCE – .5245/55 (key resis, 61.8% Fib) .5285 (congestion)
TRADE STRATEGY – Buy at .5205 risking .5180, targeting .5245
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – BULLISH BUT CAUTIOUS
SUPPORT – 1.5840 (prev low) 1.5795 (channel bottom) 1.5555 (low)
RESISTANCE – 1.5915 (interim resis) 1.5970 (overlap) 1.6045 (high)
TRADE STRATEGY – Buy at 1.5945 risking 1.5910 targeting 1.6040