EUR/USD 1.0554. EUR tested close to 1.0600 as expected. Supports are at 1.0520 & 1.0500. While above these supports one more upside attempt to 1.0625/30 cannot be ruled out, but momentum is weakening. Generally expect a correction down to 1.0500/1.0490 initially. USD/CHF 1.3861. Dollar tested close to 1.3785, slightly above 1.3775 suggested. Down momentum is slackening which hints at the possibility of a move higher to 1.3925/45 in short term on break of resistance near 1.3885/90. USD/JPY 118.20. Break of support at 118.70 took Dollar close to 117.50 yesterday. Now resistance at 118.75/85 area should contain the corrective advances for a fall to 117.35/30. GBP/USD 1.6051. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6185/1.6215 EUR/CHF: 1.4630..Divergence in MACD is noticed in hourly charts. EUR may fall to 1.4590/75 from 1.4650/55. EUR/JPY: 124.69. EURâs short term upside attempts are likely to fail near 125.15/20 for a fall to 124.25/20. EUR/GBP: 0.6569. EUR tested the set target. Now some correction/consolidation is likely between 0.6550 & 0.6600. AUD/USD: 0.5866. One more upside thrust to 0.5900/05 cannot be ruled out while above 0.5850. USD/CAD: 1.5411. No change in view. It can rise to 1.5445/55 initially & ideally to 1.5505/15 later. http://www.realtimeforex.com/e/fxnews/daily_market_e.html
EUR/USD 1.0552. EUR tested close to 1.0500 as expected. Supports are at 1.0520 & 1.0500. No change in view. While above these supports one more upside attempt to 1.0595/00 cannot be ruled out, but momentum is weakening. Break of 1.0500 should yield 1.0475/65. USD/CHF 1.3861. Dollar tested close to 1.3935 as suggested. Short term outlook is for a drop towards 1.3790/80, as resistance at 1.3870/75 should curtail Dollarâs upside probes. USD/JPY 118.25. No change in view. Resistance at 118.75/85 area should contain the corrective advances for a fall to 117.35/30. GBP/USD 1.6024. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6185/1.6215. EUR/CHF: 1.4611. EUR may fall to 1.4590/75 in short term. Resistance is at 1.4625/30. EUR/JPY: 124.72. Still expecting 125.00/20 area to contain EURâs upside attempts for a fall to 123.80/75. EUR/GBP: 0.6581. Consolidation is likely to continue between 0.6550 & 0.6600. AUD/USD: 0.5866. One more upside thrust to 0.5895/0.5915 is expected while above 0.5850. USD/CAD: 1.5350. Dollar turned down from 1.5440 rather strongly. It should now fall to 1.5310/00 or 1.5270/65. Short term resistance is at 1.5385/90. Source : http://www.realtimeforex.com/index.html
USD/CAD: I wonder where it wants to go. Should basically remain above 1.5250 though. USD/CHF: Will we see new lows this week or next week ? Or try to break the downtrend ?
EUR/USD 1.0611. EUR as expected traded higher to levels near 1.0625 yesterday. Short term pictures hint at further gains towards 1.0645/50 or 1.0665/75.supports are at 1.0575 & 1.0550. USD/CHF 1.3747. Selling on corrective rise to 1.3770/90 with stop above 1.3820 is preferred for fall to 1.3660/25 now. USD/JPY 118.15. No change in view. Resistance at 118.75/85 area should contain the corrective advances for a fall to 117.35/30 or 116.80. GBP/USD 1.6090. Cable should be on the way to 1.6195/1.6215.Support is at 1.6065/60. EUR/CHF: 1.4587. Short term fall to 1.4565/55 is looked for while below 1.4615. EUR/JPY: 125.36. Short term upside probes may fail near 125.50/65 are for a drop to 125.00/124.85. EUR/GBP: 0.6592. Consolidation is likely to continue between 0.6560 & 0.6615. AUD/USD: 0.5891. One more upside thrust to 0.5920/30 is expected while above 0.5865. USD/CAD: 1.5350. One more fall to 1.5310/00 or 1.5270/65 is expected.. Short term resistance is at 1.5385/90. http://www.realtimeforex.com/e/fxnews/daily_market_e.html