Latest forex analysis - page 13

 
 
 
 
 
 
 
 

EUR-USD

Market should not go lower than 1.4849. After this move down it should go up to 1.5008 - 1.5117 area.

USD-CHF

Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0898 or 1.098 if support around 1.0751 hold. After which a pullback to 1.0751 - 1.0708 zone is possible.

USD-JPY

A corrective/consolidation activity between 109.55 and 110.92 is likely for a while.

GBP-USD

It should see a sell off to below 1.9085 while 1.9262 area curtails its upside. A break beyond 1.9378 will abort the downside.

EUR-CHF

We prefer to see an attempt to below 1.6205 or below 1.6180 in extension. A clear break of 1.6263 is bullish.

EUR-JPY

It should register further gains to 167.1 while 164.6 caps downside attempts. Stop loss below 163.71 zone.

EUR-GBP

Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.7792 or 0.7791. Major support is clustered around 0.7749 limit.

AUD-USD

Market should not go lower than 0.8806. After this move down it should go up to 0.888 - 0.8944 area

Source : Forex Capital Market-Daily analysis