EUR/USD

The pair loses momentum after recovery attempt from 1.3483 low was capped at 1.3800 zone today, just ahead of strong resistance at 1.3850, previous highs / Fib 50% of 1.4246/1.3483. Further easing through initial 1.3700 and strong support at 1.3655, 02/07 Nov consolidation range floor, keeps the pair within 1.3483/1.3850 range and brings near-term focus to 1.3600, below which to possibly reopen 1.3500/1.3483 levels. Negative hourly studies favor further weakness.

Res: 1.3655, 1.3680, 1.3700, 1.3735
Sup: 1.3600, 1.3577, 1.3549, 1.3500





GBP/USD

Turns the near-term focus lower, towards the floor of the recent 1.5870/1.6164 range, as today’s upside rejection under 1.6100 barrier, triggered fresh weakness that fully erased last Friday’s strong rally from 1.5900 zone. The latter is currently under pressure, with break here to risk attack at 1.5870, below which to weaken short-term structure and open way for further retracement of 1.5271/1.6164 ascend and expose 1.5850 and 1.58255, Fib 38.2%. On the upside, psychological level at 1.6000, now turns to initial resistance.

Res: 1.5950, 1.5984, 1.6000, 1.6050
Sup: 1.5907, 1.5900, 1.5890, 1.5870





USD/JPY

The pair’s attempt to base at 76.80, today’s low, was so far limited at 77.00 barrier, where also hourly 20 day SMA lies, keeping the near-term focus at the downside. Negative near-term studies favor further weakness, with loss of 76.80 to open 76.50, then 76.00. On the upside, 77.25/50 offer strong resistance, with the latter expected to cap for now.

Res: 77.25, 77.50, 77.72, 77.87
Sup: 76.80, 76.67, 76.50, 76.30





USD/CHF

Today’s recovery attempt from 0.8959, day’s low, has regained levels just under key near-term barriers at 0.9080 zone, clearance of which is required to confirm double bottom pattern on hourly chart and focus previous high at 0.9147. Hourly studies emerging above their midlines, favor this scenario, with 20 day SMA at 0.9015, underpinning the advance. Corrective pullback on overbought conditions, should be contained above 0.9000, to maintain near-term positive structure. Loss of .9000 handle, however, to re-focus key short-term supports at 0.8950/50.

Res: 0.9063, 0.9085, 0.9100, 0.9147
Sup: 0.9025, 0.9000, 0.8950, 0.8920