EUR/USD (1.1861)
The downside ended at 1.1840 where some corrective upside was seen, currently capped at 1.1885. Intraday studies are oversold and further consolidation/correction is expected before further weakness is seen targeting 1.1810 & 1.1770 next. The upside should remain limited to 1.1890 & 1.1935. Daily studies are on the hedge to turn negative for the pair. Look to enter short towards 1.1925, keep SL tight.

Supports: 1.1840-1.1825-1.1790-1.1705-1.1690-1.1665-1.1640
Resistances: 1.1940-1.2015-1.2040-1.2060- 1.2090-1.2175-1.2205-1.2270
Market direction: Bearish
Today's projected high/low: 1.1950-1.1770
Weekly pivot supports: 1.2525-1.1990
Weekly pivot resistances: 1.3208-1.3457
Conservative recommendation: Short 1.1925, SL 1.2065, target 1.1720
Aggressive recommendation: Short 1.1925, SL 1.2065, target 1.1720
 
USD/JPY (117.13)
Market continued its upside and reached 117.50 before easing slightly lower. The downside seen so far was of short lived and pair bounced higher, currently holding above the 117.00 level. Intraday studies remain deep in overbought territory, and further consolidation is expected before the upside resumes targeting 117.50 & 118.30. Daily studies are threatening to turn positive for the pair. Stand aside.

Supports: 116.75-116.00-115.50-115.00-114.60-113.75-113.50
Resistances: 117.65-118.20-119.50-120.50-121.00-121.40
Market direction: Neutral - Bullish
Today's projected high/low: 117.70-116.60
Weekly pivot supports: 105.15-104.67
Weekly pivot resistances: 109.55-108.90
Conservative recommendation: Stand aside.
Aggressive recommendation: Stand aside.
 
GBP/USD (1.7559)
Market reached 1.7525 where support was found. Pair did rebound higher and is currently being capped below the 1.7600 level. Intraday studies are oversold and further consolidation is expected to follow with 1.7620 see as the maximum upside. Further weakness is expected to follow from there targeting 1.7520 & 1.7500. On the upside, only a break above 1.7730 would open way to further upside targeting 1.7750 & 1.7810. Daily studies are negative for the pair. Stand aside for now.

Supports: 1.7570-1.7560-1.7490-1.7450-1.7295-1.7275-1.7240
Resistances: 1.7680-1.7730-1.7750-1.7790-1.7815-1.7905-1.7975-1.8150
Market direction: Bearish
Today's projected high/low: 1.7680-1.7500
Weekly pivot supports: 1.8506-1.8314
Weekly pivot resistances: 1.9046-1.9394
Conservative recommendation: Stand aside
Aggressive recommendation: Stand aside
 
USD/CHF (1.3096)
Market continued its positive action and reached 1.3115 where pair did pullback towards 1.3065 so far. Intraday studies are overbought and some consolidation/correction is expected towards 1.3025 & 1.2985 before further upside is seen targeting 1.3100 & 1.3160 next. Daily studies are on the hedge to turn positive for the pair. Stand aside for now.

Supports: 1.3065-1.2950-1.2910-1.2875-1.2805-1.2770-1.2750-1.2700-1.2665
Resistances: 1.3115-1.3160-1.3235-1.3250-1.3290
Market direction: Neutral - Bullish
Today's projected high/low: 1.3220-1.2980
Weekly pivot supports: 1.1749-1.1500
Weekly pivot resistances: 1.2139-1.2280
Conservative recommendation: Stand aside
Aggressive recommendation: Stand aside
 
AUD/USD (0.7340)
Market reached 0.7315 and bounced higher from there towards 0.7360 as intraday studies correct from oversold territory. The corrective upside should remain limited to 0.7375 & 0.7410 before further downside is seen targeting 0.7320 & 0.7245 next. Daily studies remain negative for the pair. Stand aside.

Supports: 0.7330-0.7320-0.7295-0.7260-0.7235-0.7210
Resistances: 0.7420.7490-0.7570-0.7610-0.7645-0.7730-0.7770
Market direction: Bearish
Today's projected high/low: 0.7410-0.7320
Weekly pivot supports: 0.7730-0.7546
Weekly pivot resistances: 0.7872-0.8026
Conservative recommendation: Stand aside.
Aggressive recommendation: Stand aside.
 
USD/CAD (1.1712)
The upside was limited to 1.1755 where resistance was found and market eased lower currently holding above the 1.1700 level. Intraday studies are heading lower from overbought territory and some corrective pullback is expected towards 1.1650 & 1.1625 before further upside is seen with 1.1750 & 1.1850 as targets. Daily studies are positive for the pair. Look to enter long towards 1.1670.

Supports: 1.1665-1.1610-1.1540-1.1500-1.1425-1.1400-1.1350-1.1200
Resistances: 1.1755-1.1770-1.1850-1.1935-1.2030
Market direction: Bullish
Today's projected high/low: 1.1850-1.1670
Weekly pivot supports: 1.2048-1.1911
Weekly pivot resistances: 1.2390-1.2540
Conservative recommendation: Long 1.1670, SL 1.1570, target 1.1850
Aggressive recommendation: Long 1.1670, SL 1.1570, target 1.1850