EURUSD
LONG TERM – BEARISH, MEDIUM TERM – BULL RANGE, SHORT TERM – BEAR RANGE
SUPPORT – .8870(trendline) .8825 (key low)
RESISTANCE - .8940 (prev lows), .9125 (prev highs)
TRADE STRATEGY – Neutral.
USDCHF
LONG TERM – BULLISH, MEDIUM TERM - BULL RANGE, SHORT TERM – RANGE
SUPPORT – 1.6245 (prev low) 1.6395(overnight low)
RESISTANCE – 1.6500 (neckline) 1.6580 (62% Fib)
TRADE STRATEGY – Neutral.
USDJPY
LONG TERM – BULLISH, MEDIUM TERM – WAVE 1 FINISHED, BEAR CORRECTION, SHORT TERM – BEAR RANGE
SUPPORT – 119.60 (50% Fib) 118.75 (61.8%)
RESISTANCE – 120.45 (breakdown level) 121.10(overlap) 122.10 (prev high)
TRADE STRATEGY – Sell at 120.30 risking 120.65 targeting 119.35.
GBPUSD
LONG TERM - BEARISH, MEDIUM TERM – BASE OF RANGE, SHORT TERM – IN CORRECTIVE RANGE
SUPPORT – 1.45000 (38.2% Fib) 1.4440 (50% Fib)
RESISTANCE –1.4585 (Fib resist) 1.4685 (highs)
TRADE STRATEGY – Neutral.
EURGBP
LONG TERM – BULLISH , MEDIUM TERM - BULL RANGE, SHORT TERM – STILL LOOKING FOR A BASE
SUPPORT - .6115 (minor support) .6100 (interim support) .6070 (prev low)
RESISTANCE – .6165 ( yest high/trendline) .6240 (interim high) .6300 (prev high)
TRADE STRATEGY – Buy at .6095 risking .6060 targeting .6165.
EURJPY
LONG/MEDIUM TERM – BULLISH , SHORT TERM – BROKEN SUPPORT
SUPPORT – 106.00 (prev low) 105.50 (range low)
RESISTANCE – 107.90 (trendline)
TRADE STRATEGY – Sell at 107.45 risking 108.00 targeting 106.20.
EURCHF
LONG TERM - BEARISH, MEDIUM TERM – BEAR RANGE, SHORT TERM – BULL RANGE
SUPPORT – 1.4605 (62% Fib)
RESISTANCE – 1.4705 (interim high) 1.4775 (highs and trend line) 1.4835 (recent high) 1.4900
TRADE STRATEGY – Buy at 1.4635 risking 1.4590 targeting 1.4710.
AUDUSD
LONG TERM - BEARISH , MEDIUM TERM – BEARISH, SHORT TERM – BULL RANGE
SUPPORT – .5100 (interim high) .5060 (prev low) .4850 (prev low)
RESISTANCE – .5165 (interim high) .5245/55 (key resis, 61.8% Fib) .5285 (congestion)
TRADE STRATEGY – Buy at .5120 risking .5090 targeting .5175.
USDCAD
LONG TERM – BULLISH, MEDIUM TERM – BULLISH, SHORT TERM – BULLISH
SUPPORT – 1.5960 (wave overlap) 1.5890 (prev low) 1.5790/80 (overlap level)
RESISTANCE – 1.6000 (psychological) 1.6060 (minor resis)
TRADE STRATEGY – Neutral.