Craig Ferguson, Robin Wilkin
EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE , SHORT TERM – BULL BIAS
SUPPORT – .8960(50% Fib) .8930 (interim low 61.8% Fib) .8915 (prev low)
RESISTANCE - .9045 (interim high) .9080 (Mon’s high) .9125 (1 Nov high) .9160
TRADE STRATEGY – Neutral
USDCHF
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE , SHORT TERM – BULL BIAS
SUPPORT – 1.6320 (trend line/prev low) 1.6250/25 (prev low/50% Fib) 1.6135 (prev low)
RESISTANCE – 1.6440 (38% and 62% Fib) 1.6495 (50% Fib) 1.6535 (interim high)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – FINAL ADVANCE
SUPPORT – 127.75 (prev highs) 127.10 (trend line) 126.55 (congestion highs)
RESISTANCE – 128.75 (interim high) 128.90 (channel high) 129.90 (62% Fib)
TRADE STRATEGY – Buy at 127.70 risking 127.40 targeting 128.50.
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE – BULLISH, SHORT TERM – CORRECTION UNDERWAY
SUPPORT – 1.4440 (trend line) 1.4435 (38.2% Fib) 1.4375 (50% Fib)
RESISTANCE – 1.4610/20 (prev high) 1.4680 (1 Nov high)
TRADE STRATEGY – Sell at 1.4480 risking 1.4530 targeting 1.4400.
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – RANGE
SUPPORT - .6175 (61.8% Fib) .6145 (76% Fib)
RESISTANCE – .6215 (trend line) .6230 (range high) .6240 (overlap) .6300 (interim high)
TRADE STRATEGY – Neutral
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – BULL BIAS BUT CAUTIOUS,
SUPPORT – 114.40 (bottom of congestion) 113.70 (prev high) 113.00 (interim support)
RESISTANCE – 115.90 (recent highs) 116.45 (prev high) 117.00 (38% Fib/strong resis)
TRADE STRATEGY – Neutral.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BASED?
SUPPORT – 1.4700 (Mon’s low) 1.4670/60 (38% Fib) 1.4630 (61.8% Fib)
RESISTANCE – 1.4780/90 (range highs) 1.4830 (76% Fib) 1.4920 (prev high)
TRADE STRATEGY – Neutral.
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH ,SHORT TERM – BEARISH
SUPPORT – .4980 (62% Fib)
RESISTANCE – .5130 (range break)
TRADE STRATEGY – Sell at .5110 risking .5150 targeting .5000
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – BASED
SUPPORT – 1.5720 (interim lows) 1.5660 (interim low) 1.5585 (prev low)
RESISTANCE – 1.5775 (congestion low) 1.5800 (wave 4 high) 1.5845 (interim high)
TRADE STRATEGY – Neutral.