EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BEARISH ,SHORT TERM – NEW LOW?
SUPPORT – .8680 (trend line) .8630 (pivot) .8565 (prev low) .8420 (Fib support)
RESISTANCE - .8750 (Fri high) .8795 (overlap)
TRADE STRATEGY – Neutral
USDCHF
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – NEW HIGH?
SUPPORT – 1.6820(Fri low) 1.6730 (overlap and projection level)
RESISTANCE – 1.6945 (trend line) 1.7035 (congestion hi) 1.7100 (prev low) 1.7230 (prev high)
TRADE STRATEGY – Buy at 1.6845 risking 1.6805 targeting 1.6925
USDJPY
LONG TERM – STILL UP? MEDIUM TERM – NEUTRAL, SHORT TERM – BULLISH
SUPPORT – 134.50 (interim low) 134.15 (overlap) 133.30 (congestion low)
RESISTANCE – 135.20 (short term highs) 136.00 (minor resis) 136.70 (76% Fib)
TRADE STRATEGY – Buy at 133.55 risking 133.05 targeting 134.90
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM –RANGE, SHORT TERM – BEARISH
SUPPORT – 1.4140 (trend line) 1.4105 (interim low) 1.4040 (prev low) 1.3955 (target area)
RESISTANCE – 1.4205 (76% Fib) 1.4245 (last Tue high) 1.4330/40 (prev congestion lows)
TRADE STRATEGY – Shorted 50% at 1.4150 and 50% at 1.4180 risking 1.4210 targeting 1.4000
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - RANGE, SHORT TERM – BASED
SUPPORT - .6150 (trend line) .6110 (prev lows) .6070 (interim support) .6040 (prev low)
RESISTANCE – .6195 (Fri high) .6210 (short term high)
TRADE STRATEGY – Sell at .6185 risking .6210 targeting .6130.
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – BULL RUN
SUPPORT – 117.20 (minor 4th wave low) 116.55 (overlap) 115.70 (congestion low)
RESISTANCE – 118.45 (interim high) 119.15 (prev high) 119.70 (short term high)
TRADE STRATEGY – Buy at 117.20 risking 116.50 targeting 119.00
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEARISH ,SHORT TERM – RANGE
SUPPORT – 1.4705 (trend line) 1.4650 (prev low)
RESISTANCE – 1.4760 (overlap) 1.4815 (interim high) 1.4845 (prev high)
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH, MEDIUM TERM – BEARISH, SHORT TERM – BEARISH
SUPPORT – .5090 (interim low) .5050 (congestion area) .5040 (prev low) .4970 (prev low)
RESISTANCE – .5140 ( overlap) .5155 (62% Fib)
TRADE STRATEGY – Sell at .5130 risking .5165 targeting .5060
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – CORRECTS
SUPPORT – 1.5925 (62% Fib) 1.5880 (76% Fib/prev low) 1.5830 (prev low)
RESISTANCE – 1.5980 (trend line) 1.6020 (prev high) 1.6090 (Thur high) 1.6190 (high)
TRADE STRATEGY – Sell at 1.5960 risking 1.6000 targeting 1.5890