EUR/USD
Renewed corrective attempt from 1.3591, today’s low, broke briefly above initial 1.3720 barrier but failed again to sustain gains. Subsequent pullback under 1.3700 mark brings near-term price action back to the 1.3585/1.3720 range. Near-term studies point lower, with 20 day MA capping the upside and bringing 1.3585 support in focus. Below here to open 1.3555 and key level at 1.3500, loss of which would signal an extension of broader downtrend.

Res: 1.3720, 1.3743, 1.3752, 1.3800
Sup: 1.3649, 1.3600, 1.3590, 1.3555




GBP/USD

Near-term corrective action from 1.5632, yesterday’s low, was so far capped by 20 day MA and just under initial trendline resistance at 1.5740 and key near-term barrier at 1.5755. While the latter stays intact, recovery from 1.5632 may be short-lived, with loss of 1.5632 to signal further weakness and open 1.5600/1.5550 next.

Res: 1.5734, 1.5755, 1.5771, 1.5780
Sup: 1.5655, 1.5632, 1.5600, 1.5554




USD/JPY

Turns the near-term negative after repeated failures to break above the one-month range and sustain gains above 77.00 barrier. As a result, fresh weakness tested range’s floor at 76.30, with potential for attempt at key supports at 76.00/75.93, record low zone seen in a near-term. Upside remains capped by 20 day MA, currently at 76.70 and 77.00 barrier.

Res: 76.59, 76.75, 76.97, 77.27
Sup: 76.44, 76.30, 76.00, 75.93





USD/CHF

Surged higher after reversal from 0.8866 found support at 0.8590 zone. Lift above 0.8866/73, previous highs, briefly broke above bear trendline off 1.0064 at 0.8900, to test levels just under 0.8926, 12 Sep 4-month high. This may signal fresh phase higher, with 0.9000 coming in focus on sustained break above 0.8900/26 barriers. Only loss of key near-term support at 0.8790 would delay immediate bulls.

Res: 0.8900, 0.8926, 0.8950, 0.9000
Sup: 0.8850, 0.8800, 0.8792, 0.8770