Reversal from 1.3913, yesterday’s fresh one-month high, broke through initial support at 1.3730/00, to dent breakpoint at 1.3685. Losses extended to 1.3656, where a temporary support was found, with subsequent bounce above 1.3700 barrier, attempting to base at 1.3656. Initial barrier at 1.3700/20, previous support, has so far been regained, with dynamic resistance of 20 day MA, currently at 1.3740, coming next. Break here would signal stronger recovery towards key near-term resistance at 1.3800, however, weakening 4-hour studies and hourlies already in negative zone, suggest that lower top under 1.3800 would be the likely scenario, ahead of wave 5, that would target 1.3620/00. Only lift above 1.3800 would provide near-term relief.

Res: 1.3745, 1.3790, 1.3800, 1.3832
Sup: 1.3700, 1.3685, 1.3656, 1.3620


Extends reversal after today’s failure to sustain gains above 1.5800, when rally stalled at 1.5821. Slide through initial supports at 1.5730/20, dipped briefly below the next level at 1.5700, increasing risk of attack at key near-term support and breakpoint at 1.5665, below which would further weaken the tone and open 1.5630, Fibonacci level and 1.5600, round figure support, next. Holding above 1.5665, however, keeps short-term bulls in play for possible fresh attempt towards 1.5850/1.5900 barriers.

Res: 1.5750, 1.5800, 1.5821, 1.5851
Sup: 1.5694, 1.5665, 1.5630, 1.5600


Trades in a narrow range, with upside capped by hourly 20 day MA, currently at 76.80 and initial support at 76.60 holding the downside. This brings the pair back to longer-term narrow range directionless trading, with near-term bearish sentiment dominating, as hourly and 4-hour studies are in the negative territory. Immediate risk is seen on break below 76.60, to open 76.30, while upside clearance of 76.80 and 77.00, initial barriers, would bring retest of trendline resistance at 77.30 in focus.

Res: 76.87, 77.00, 77.36, 77.50
Sup: 76.60, 76.50, 76.30, 76.10


Recovery attempt from today’s higher low at 0.8944 shows signs of exhaustion, as near-term price action stays capped under initial barrier at 0.9038. Hourly studies, however, maintain near-term positive structure, but overbought conditions suggest corrective pullback before fresh strength emerges. 20 day MA, currently at 0.8988, underpins, with clearance of 0.9038 required to ease short-term bear-pressure and open fresh leg higher, towards key barriers at 0.9120/40. Only loss of 0.8944 support would weaken near-term structure and possibly signal double top.

Res: 0.9038, 0.9051, 0.9100, 0.9120
Sup: 0.9000, 0.8944, 0.8920, 0.8900