EUR/USD

1.45 zone continues to limit the upside, as the latest attempt to break higher failed at 1.4502, with subsequent reversal breaking through initial support at 1.4465, 20 day MA and extending losses to 1.4408. Higher low here is sought fir fresh push higher, as wider picture remains firmly bullish. Only loss of 1.4364, yesterday’s low, could weaken the near-term tone and open way for deeper correction towards 1.43 area. Sustained break above 1.4500/18 to open 1.4535/79.

Res: 1.4469, 1.4499, 1.4518, 1.4535
Sup: 1.4406, 1.4386, 1.4365, 1.4300





GBP/USD

Returns to strength after easing from 1.6426 high was contained at 1.6230 zone. Fresh strength broke above recent consolidation ceiling at 1.63 zone, turning focus back towards 1.6400/26, with 1.6382 seen so far. Break above 1.6426 is sought for fresh push higher, to target 1.6456/1.6500 next. Corrective dips need to hold above 1.63/1.6285 to maintain near-term strength.

Res: 1.6369, 1.6382, 1.6400, 1.6426
Sup: 1.6326, 1.6315, 1.6300, 1.6285





USD/JPY

Remains on a back foot after recovery attempt from yesterday’s fresh low at 82.94 stalled at 83.77, with subsequent reversal approaching 83.00 zone. Holding below 200 day MA, currently at 83.45, keeps near-term focus lower, with loss of 83.00/82.94 expected to open fresh phase lower and target 82.55/00. To ease immediate bear pressure, break above 83.77 is required.

Res: 83.42, 83.77, 83.92, 84.25
Sup: 83.09, 82.94, 82.70, 82.55





USD/CHF

Extends bears after short consolidation off 0.8948, previous low, was limited by 0.8980, with fresh weakness losing initial support at 0.8948 and breaking briefly through key support and all-time low at 0.8900. Near-term tone remains bearish, looking for extension towards 0.88, with current corrective/consolidative phase seen capped at 0.8960/90.

Res: 0.8957, 0.8968, 0.8990, 0.9017
Sup : 0.8915, 0.8900, 0.8894, 0.8850