EUR/USD
EUR/USD extends fall from yesterday, as Fibonacci 61.8% level at 1.3147 and 1.3132, 22 Mar low are cleared, with round figure support at 1.3100 now in focus. Strong support before our key downside targets at 1.3000 and 1.2973, 15 Mar low, lies at 1.3050 zone, where is low of 16 Mar and daily Ichimoku cloud base. Negative near-term studies continue to drive the pair lower, with no signal of correction, despite overextended hourly conditions.

Res: 1.3132, 1.3180, 1.3191, 1.3250
Sup: 1.3100, 1.3050, 1.3000, 1.2973





GBP/USD
The pair continues to trend lower, as minor supports at 1.5859/41 are out, opening way for the next array of supports at 1.5831, 50% retracement of 1.5600/1.6061 ascend, 1.5800, 26 Mar low and 1.5770, 22 mar low / Fib 61.8%. Outlook on lower timeframes remains negative, with hourly studies in oversold zone, suggesting possible corrective action.

Res: 1.5859, 1.5900, 1.5916, 1.5965
Sup: 1.5831, 1.5800, 1.5770, 1.5743




USD/JPY
Failure to break above 83.00 handle, reached late yesterday, triggered correction lower, where 82.50 zone was seen as good support to complete hourly bullish flag, before resuming higher. However, today’s fresh weakness under 82.50 has fully retraced yesterday’s strong rally off 82.00 , where the pair is currently attempting to base, but weaker near-term structure reduces possibility of further significant gains. Initial and strong barrier at 83.00 needs to be cleared to confirm near-term bullish stance off 81.54, otherwise, the latter may come in focus again.

Res: 82.69, 83.00, 83.29, 83.38
Sup: 82.00, 81.82, 81.50, 81.05





USD/CHF
Strong rally off 0.9000 base regained important barrier at 0.9175, 22 Mar high / 50% of 0.9333/0.9000, with further extension higher and test of next hurdle at 0.9200, 15 mar low / Fib 61.8%, seen next. Near-term structure remains positive, however, overbought conditions on both, 1 and 4H charts warn of corrective pullback. Initial support lies at 0.9133, while strong support zone at 0.9100/0.9080 is expected to keep the downside protected, to prevent retest of 0.9000.

Res: 0.9181, 0.9200, 0.9252, 0.9300
Sup: 0.9133, 0.9100, 0.9080, 0.9075