EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – STILL TRYING TO BASE
SUPPORT – .8860 (low), .8830 (50%Fib), .8825 (prev low), .8720 (61.8% Fib)
RESISTANCE -.8945 (trend line) .8980 (yest high) .9140 (range high), .9245 (top of congestion)
TRADE STRATEGY – Neutral.
USDCHF
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE , SHORT TERM – STILL HANGING IN HERE
SUPPORT – 1.6450 (wave overlap) 1.6400 (trendline)
RESISTANCE – 1.6645 (38.2%Fib) 1.6725 (wave projection) 1.6945 (50% Fib) 1.7105 (prev high)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH , MEDIUM TERM – WAVE 2 ALREADY OVER?, SHORT TERM – STALLING, BEWARE
SUPPORT – 122.40 (prev 4th wave) 121.90 (major short term peak) 120.70 (larger prev 4th wave)
RESISTANCE – 123.15 ( expected correction peak) 124.25 (76.4% Fib)
TRADE STRATEGY – Sell at 123.15 risking 123.45 targeting 122.00.
GBPUSD
LONG TERM - BEARISH , MEDIUM TERM – BASE OF RANGE, SHORT TERM - BULLISH
SUPPORT – 1.4240 (overnight low and trendline) 1.4125 (61.8% Fib)
RESISTANCE – 1.4305 (yest high) 1.4320 (wave 3 extreme) 1.4360 (prev 4th) 1.4390 (61.8% Fib)
TRADE STRATEGY – Neutral.
EURGBP
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – STILL IN RANGE
SUPPORT - .6230 (overnight low) .6210 (76% Fib) .6185/65 (Key support) .6070 (prev low)
RESISTANCE – .6285 (trendline) .6300 (prev high) .6345 (prev high) .6365( Prev high)
TRADE STRATEGY – Neutral.
EURJPY
LONG/MEDIUM TERM – BULLISH, SHORT TERM – BULLISH BREAK?
SUPPORT – 109.40 (trendline support) 108.60 (prev low)
RESISTANCE – 110.00 (62% Fib) 110.65/90 (key highs) 111.30 (Fib resis)
TRADE STRATEGY – Neutral.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEAR RANGE, SHORT TERM – BULL RANGE
SUPPORT – 1.4735 (prev low) 1.4725 (38.2% Fib) 1.4695 (prior low) 1.4665 (50% Fib)
RESISTANCE – 1.4835 (recent high) 1.4900 (minor resis) 1.4930 (prev high)
TRADE STRATEGY – Buy at 1.4755 risking 1.4730 targeting 1.4860.
AUDUSD
LONG TERM - BEARISH , MEDIUM TERM – BEARISH, SHORT TERM – BEARISH RANGE
SUPPORT – .4980 (prev low and trendline) .4900 (76% Fib & prev low) .4850 (prev low)
RESISTANCE – .5110 (interim high) .5170 (15th high) .5245/55 (key resis) .5285 (congestion)
TRADE STRATEGY – Neutral.
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BEARISH/RANGE, SHORT TERM – NEUTRAL
SUPPORT – 1.5690 (overnight low) 1.5650 (61.8% Fib) 1.5555 (prev low)
RESISTANCE – 1.5775 (yest high) 1.5810 (high) 1.5845 (all time high) 1.4860 (minor resis) 1.5900
(pyschological)
TRADE STRATEGY – Neutral.