EUR/USD

Break through key pivotal resistance at 1.3332 today has sparked fresh gains through 1.3417/22, April highs, to reach 1.3438 so far. Market now looks for test of 1.3510/23, 50% of 1.5144/1.1875 decline/20 Apr high. Overextended hourly conditions warn of possible correction, with 1.3266/32 offering initial support.

Res: 1.3438, 1.3510, 1.3523, 1.3545
Sup: 1.3300, 1.3266, 1.3250, 1.3232





GBP/USD

Rally off yesterday’s 1.5502 low failed at 1.5714, just under key 1.5728 resistance, increasing risk of lower high and fresh weakness that will re-expose 1.5502. Break above 1.5728 will confirm higher low and signal a continuation of near-term uptrend from 1.5295.

Res: 1.5714, 1.5728, 1.5760, 1.5820
Sup: 1.5600, 1.5585, 1.5569, 1.5535





USD/JPY

Continues to move lower after completing the latest 82.86/85.92 ascend, with today’s break below 84.72/48 supports, now looking for test of 84.05, possibly 82.86 on a break.
Upside, 85.20 offers immediate cap.

Res: 85.20, 85.51, 85.80, 85.92
Sup: 84.36, 84.05, 83.75, 83.34





USD/CHF

Today's break below 0.9916, 2009 low, posted 26 Nov, sparked fresh weakness. Bears look for test of 0.9785, ahead of possible return to the 0.9630 all-time low. Only regain of 0.9983, today’s high, would offer relief and open 1.0075 instead.

Res: 0.9926, 0.9933, 0.9980, 1.0014
Sup: 0.9808, 0.9800, 0.9785, 0.9700