EURUSD
LONG TERM – BEARISH , MEDIUM TERM – BULL RANGE, SHORT TERM – BEAR RANGE
SUPPORT – .8935(prev low) .8905(interim low) .8860(low) .8825 (key low)
RESISTANCE - .9010 (38.2% Fib) .9030 (50% Fib) .9075(62% Fib) .9120(trend line/high) .9240(top of
congestion)
TRADE STRATEGY – Sell at .9025 risking .9080 targeting .8920.
USDCHF
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – RANGE
SUPPORT – 1.6360 (prev 4th wave) 1.6340(38% Fib) 1.6295 (50% Fib) 1.6255(61.8% Fib)
RESISTANCE – 1.6470 (overnight high) 1.6580 (62% Fib)
TRADE STRATEGY – Buy at 1.6300 risking 1.6250 targeting 1.6470.
USDJPY
LONG TERM – BULLISH , MEDIUM TERM – WAVE 1 FINISHED, BEAR CORRECTION , SHORT TERM – BEAR RANGE
SUPPORT – 120.70 (congestion) 120.45 (38% Fib)
RESISTANCE – 121.30 (prev 4th) 121.60(overlap) 122.10 (prev high)
TRADE STRATEGY – Sell at 121.30 risking 121.65 targeting 120.55.
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE, SHORT TERM – NEW HIGHS LIKELY
SUPPORT – 1.4610 (range of highs) 1.4590 (breakdown confirmed)
RESISTANCE –1.4685 (76% Fib/Thur high) 1.4845 (highs) 1.4900 (minor resis)
TRADE STRATEGY – Neutral.
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – REMAINS UNDER PRESSURE
SUPPORT - .6130 (minor support) .6100 (interim support) .6070 (prev low)
RESISTANCE – .6180 (prev high and trendline).6240 (interim high) .6300 (prev high)
TRADE STRATEGY – Sell at .6150 risking .6170 targeting .6110.
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – NEARING SUPPORT
SUPPORT – 107.85 (trend line)
RESISTANCE – 108.70/80 (yest highs and trendline) 109.29 (Fib 38.2%) 109.50 (50% Fib)
TRADE STRATEGY – Buy at 108.60 risking 108.30 targeting 109.50.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEAR RANGE, SHORT TERM – BULL RANGE
SUPPORT – 1.4675 (prev low support) 1.4665 (50% Fib) 1.4605 (62% Fib)
RESISTANCE – 1.4745 (interim high) 1.4775 (highs and trend line) 1.4835 (recent high) 1.4900
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BULL RANGE
SUPPORT – .5100 (interim high) .5060 (prev low) .4850 (prev low)
RESISTANCE – .5165 (interim high) .5245/55 (key resis, 61.8% Fib) .5285 (congestion)
TRADE STRATEGY – Buy at .5140 risking .5110 targeting .5190.
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 – 1.5965 (consolidation high) 1.6000 (psychological) 1.6060 (minor resis)
TRADE STRATEGY – Buy at 1.5915 risking 1.5890 targeting 1.6000.