EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BEAR BIAS
SUPPORT – .8870 (second overlap) .8735 (range low)
RESISTANCE - .9000 (62% Fib/interm high) .9065/85 (prev high) .9125 (prev high)
TRADE STRATEGY – Sell at .8980 risking .9010 targeting .8850
USDCHF
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE , SHORT TERM – FINAL LOW
SUPPORT – 1.6470 (bottom of channel) 1.6360 (prev low) 1.6250 (prev lows)
RESISTANCE – 1.6580 (prev high) 1.6625 (top of channel) 1.6730 (62% Fib)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – CORRECTS
SUPPORT – 132.40 (prev low) 131.70 (62% Fib) 131.55 (overlap) 130.75 (prev low)
RESISTANCE – 133.15 (interim resis) 133.40 (Tue high) 134.00 (target) 135.00 (target)
TRADE STRATEGY – Buy at 132.40 risking 132.15 targeting 133.00
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE – BULLISH, SHORT TERM – BEAR RANGE?
SUPPORT – 1.4350 – 1.4300 (pivot zone) 1.4210 (prev high) 1.4235 (trend line)
RESISTANCE – 1.4440/80 (interim high) 1.4565 (interim high) 1.4610 (Dec high)
TRADE STRATEGY – Neutral
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – BULLISH
SUPPORT - .6165 (62% Fib) .6140 (overlap)
RESISTANCE – .6240 (overlap) .6300 (prev highs) .6310 (trend line)
TRADE STRATEGY – Long at .6200 risking .6170 targeting .6280.
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – BULLISH,
SUPPORT – 117.85 (congestion support) 117.20 (76% Fib) 116.60 (prev low)
RESISTANCE – 118.70 (50% Fib) 119.10 (Tue high) 120 (psychological)
TRADE STRATEGY – Neutral.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – RETURN TO BULL TREND?
SUPPORT – 1.4725 (overlap) 1.4675 (minor support) 1.4600 (prev low)
RESISTANCE – 1.4800 (congestion) 1.4830 (Fib target) 1.4880/1.4920 (range highs)
TRADE STRATEGY – Buy 50% at 1.4775 and 50% at 1.4745 risking 1.4700 targeting 1.4920
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – CAUTION
SUPPORT – .5165 (top of congestion) .5125 (pivot/overlap) .5080 (minor prev low)
RESISTANCE – .5210 (interim high) .5245 (key prev high)
TRADE STRATEGY – Sell at .5260 risking .5310 targeting .5175
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – NEUTRAL
SUPPORT – 1.5930 (congestion) 1.5880 (38.2% Fib)
RESISTANCE – 1.5990 (Fib resis) 1.6045 (range high)
TRADE STRATEGY – Neutral.