EUR/USD
Near-term price action remains in a neutral mode, as fading risk appetite limits the latest recovery attempt off 1.3032. Range ceiling at 1.3143, yesterday’s high, offers immediate resistance, with strong barrier at 1.3165, 05 Apr high / Fib 38.2% / 4H 55 day EMA. Only break here to open way for stronger recovery, as 4H chart studies are gaining momentum. Daily indicators, however, show the downside pressure and only regain of 1.3200/20, 55/90 MA’s / trendline resistance, would improve the outlook.

Res: 1.3137, 1.3143, 1.3163, 1.3191
Sup: 1.3065, 1.3050, 1.3032, 1.3000




GBP/USD
The pair regains strength after yesterday’s retest of 1.5800 base, where losses were contained. Fresh strength regained 1.5900 handle but break above key resistance zone at 1.5930 zone, where yesterday’s high and 50% retracement of 1.6061/1.5804 lie, is required break out of near-term range and confirm higher base at 1.5800 zone for extension higher and test of 1.5964/1.6000, Fibonacci / round figure resistances. Key near-term support lies at 1.5800 and only break here would weaken the structure and resume short-term bears off 1.6061.

Res: 1.5920, 1.5930, 1.5964, 1.6000
Sup: 1.5850, 1.5834, 1.5800, 1.5769




USD/JPY
The pair continues to move lower, extending its short-term corrective phase off 84.17, fresh yearly high. Yesterday’s consolidative attempt off off 81.20 was capped at 81.85, with fresh weakness extending losses through 81.00 to 80.61 so far. Negative tone keeps the downside in focus, with 55 day MA at 80.43, seen next, ahead of 50% retracement at 80.09. Initial resistance lies at 81.20, while only lift above 82.00 would pause short-term bears.

Res: 81.00, 81.20, 81.66, 81.85
Sup: 80.61, 80.43, 80.09, 80.00





USD/CHF
The pair trades in a neutral mode during the past few days, after the upside was capped at 0.9221. As studies on 4H chart are started to point lower, range floor and initial support at 0.9144, comes under pressure. Break here to sideline short-term bulls off 0.9000 base and open 0.9100/0.9090. Only break above 0.9220/30, previous high / trendline resistance, would revive bulls and open 0.9250/0.9300 zone.

Res: 0.9193, 0.9209, 0.9221, 0.9230
Sup: 0.9144, 0.9132, 0.9100, 0.9090