EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – RANGE
SUPPORT – .8945(/62% Fib/prev highs/overlap) .8905(interim low) .8860(low) .8825 (key low)
RESISTANCE - .9020 (overlap) .9075(62% Fib) .9120(trend line/high) .9240(top of congestion)
TRADE STRATEGY – Sell at .9015 risking .9070 targeting .8920.
USDCHF
LONG TERM – BULLISH
MEDIUM TERM - BULL RANGE
SHORT TERM – RANGE
SUPPORT – 1.6320 (wave overlap) 1.6255(38% Fib) 1.6210 (62% Fib) 1.6135(low) 1.6060 (62% Fib)
RESISTANCE – 1.6450 (overlap) 1.6580 (62% Fib)
TRADE STRATEGY – Buy at 1.6365 risking 1.6320 targeting 1.6540.
USDJPY
LONG TERM – BULLISH
MEDIUM TERM – WAVE 1 FINISHED, BEAR CORRECTION
SHORT TERM – RANGE
SUPPORT – 121.40(Thur low) 121.30/120.80 (congestion) 120.45 (38% Fib)
RESISTANCE – 122.05 (interim high) 122.70(62% Fib) 123.00 (trend line/76% Fib) 123.35 (high)
TRADE STRATEGY – Sell at 122.05 risking 122.45 targeting 121.30
GBPUSD
LONG TERM - BEARISH
MEDIUM TERM – BASE OF RANGE
SHORT TERM – RETRACEMENT
SUPPORT – 1.4545 (61.8% Fib) 1.4505 (low) 1.4440 (50% Fib) 1.4380 (62% Fib)
RESISTANCE –1.4680 (76% Fib/Thur high) 1.4845 (highs) 1.4900 (minor resis)
TRADE STRATEGY – Buy at 1.4565 risking 1.4520 targeting 1.4670.
EUROPEAN CROSS OUTLOOK
EURGBP
LONG TERM – BULLISH
MEDIUM TERM - BULL RANGE
SHORT TERM – REMAINS UNDER PRESSURE
SUPPORT - .6130 (minor support) .6100 (interim support) .6070 (prev low)
RESISTANCE – .6200 (prev low) .6220 (interim high) .6240 (interim high) .6300 (pre high)
TRADE STRATEGY – Sell at .6155 risking .6185 targeting .6110.
EURJPY
LONG/MEDIUM TERM – BULLISH
SHORT TERM – BEAR RANGE
SUPPORT – 108.90 (interim low) 108.55 (prev low) 107.45 (trend line)
RESISTANCE – 109.40 (overnight highs) 111.30 (Fib resis) 111.75 (prev high)
TRADE STRATEGY – Sell at 109.35 risking 109.65 targeting 108.20.
EURCHF
LONG TERM - BEARISH
MEDIUM TERM – BEAR RANGE
SHORT TERM – BULL RANGE
SUPPORT – 1.4675 (prev low support) 1.4665 (50% Fib) 1.4605 (62% Fib)
RESISTANCE – 1.4745 (interim high) 1.4775 (highs and trend line) 1.4835 (recent high) 1.4900
TRADE STRATEGY – Neutral
AUDUSD
LONG TERM - BEARISH
MEDIUM TERM – BEARISH
SHORT TERM – RANGE
SUPPORT – .5055 (interim low) .4980 (trend line) .4900 (76% Fib & prev low) .4850 (prev low)
RESISTANCE – .5130 (interim high) .5245/55 (key resis) .5285 (congestion)
TRADE STRATEGY – Neutral.
USDCAD
LONG TERM – BULLISH
MEDIUM TERM – BULLISH
SHORT TERM – BULLISH
SUPPORT – 1.5890 (congestion high) 1.5850 (congestion low) 1.5790/80 (overlap level)
RESISTANCE – 1.5960 (consolidation high) 1.6000 (psychological) 1.6060 (minor resis)
TRADE STRATEGY – Buy at 1.5890 risking 1.5840 targeting 1.6000.