EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – TOPPING?
SUPPORT – .8900 (62% Fib) .8850 (prev low/trendline) .8735 (prev low)
RESISTANCE - .8985 (trend line) .9015 (interim high) .9045 (prev high)
TRADE STRATEGY –Sell again at .8890 risking .8920 targeting .8800
USDCHF
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE, SHORT TERM – FURTHER LOSSES
SUPPORT – 1.6355 (38% Fib) 1.6225 (50% Fib) 1.6095 (62% Fib)
RESISTANCE – 1.6520 (overlap) 1.6640 (interim high) 1.6720 (prev high) 1.6775 (prev high)
TRADE STRATEGY – Sell at 1.6500 risking 1.6550 targeting 1.6350.
USDJPY
LONG TERM – BULLISH, MEDIUM TERM – WAVE 2 MAY BE COMPLETE - BULLISH, SHORT TERM – BEARISH
SUPPORT – 123.25 (interim support) 122.70 (38% Fib/low) 122.15 (50% Fib) 121.55 (62% Fib)
RESISTANCE – 124.20 (interim high/Fib resis) 124.55 (Key high) 125.05 (trendline)
TRADE STRATEGY – Sell at 123.90 risking 124.25 targeting 122.90
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 –1.4300 (38% Fib) 1.4360 (base pattern projection and 50% Fib) 1.4435 (62% Fib)
TRADE STRATEGY – Buy at 1.4220 risking 1.4190 targeting 1.4330/60
EURGBP
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE, TERM – BULL RUN
SUPPORT - .6260 (break point) .6210 (consol lows) .6170 (interim support and 50% Fib)
RESISTANCE – .6300 (prev high) .6345 (interim high) .6365 (prev high)
TRADE STRATEGY – Buy at .6270 risking .6245 targeting .6335
EURJPY
LONG/MEDIUM TERM – BULLISH , SHORT TERM – BULL RANGE
SUPPORT – 109.40 (interim supp) 109.00 (channel bottom) 108.65 (prev low)
RESISTANCE – 110.00 (minor resis) 110.55 (bull channel high)
TRADE STRATEGY – Sell at 110.75 risking 111.05 targeting 110.00
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BULLISH
SUPPORT – 1.4660 (break area) 1.4625 (overlap) 1.4575 (congestion lows) 1.4520 (key support)
RESISTANCE – 1.4755 (interim high) 1.4790 (recent high) 1.4830 (76% Fib)
TRADE STRATEGY – Buy at 1.4665 risking 1.4635 targeting 1.4735
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – RANGE
SUPPORT – .5175 (interim low) .5145 (range low)
RESISTANCE – .5245/55 (key resis, 61.8% Fib) .5285 (congestion)
TRADE STRATEGY – Neutral
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – BEAR CORRECTION
SUPPORT – 1.5675 (38% Fib) 1.5555 (50% Fib and prev low)
RESISTANCE – 1.5825 (Fib and overlap) 1.5900 (62% Fib) 1.5945 (76% Fib) 1.6045 (high)
TRADE STRATEGY – Sell at 1.5790 risking 1.5830 targeting 1.5675.