Realtime Forex Daily Market Comment

Thursday December 15, 2005


EUR-USD

1.2001. While below 1.2064 it is more likely to fall further towards 1.1967 or 1.1935 level.

USD-CHF

1.2819. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2773 or 1.2748. Major support is clustered around 1.2737 limit.

USD-JPY

117.39. Overall structure is bearish. Decelerating momentum could attract it towards supports at 116.23 or 116.00. Major support is clustered around 115.25 limit.

GBP-USD

1.7730. While below 1.7741 - 1.7770 it might drop to 1.7673 or below 1.7615 zone.

EUR-CHF

1.5383. Our preferred outlook is for a drift down to 1.5358 or below 1.5332. Resistances are at 1.5383 and 1.5406. A rise above 1.5432 would delay but not abort this expected fall.

EUR-JPY

140.86. Market should meet resistance at 141.53. We expect then an extended move down to 139.72 -138.86 area.

EUR-GBP

0.6768. There are initial signs of a good corrective recovery towards 0.6793 or even 0.6817. Supports at 0.6756 and 0.6744 zone.

AUD-USD

0.7548. It is a triangle configuration . Market should break either side.Acceleration should occur above 0.7579 or under 0.7521 limits.

USD-CAD

1.1519. It may attempt a test higher to 1.1526 after which weakness may set it to a drift down to below 1.1453 limit.
 
Friday December 16, 2005


EUR-USD

1.1980. Current move should be supported in 1.1958 zone for a rise to above 1.2088. A break below 1.1882 opens the way down.

USD-CHF

1.2890. It should be subject to more sell off towards 1.2818 or 1.2745. Corrective upward swings should face resistance around 1.2958 area. A break of 1.2964 is bullish.

USD-JPY

116.21. It may meet resistance in 116.21 - 116.58 zone for a drift down to 115.11 zone, after which bounce to 116.95 is anticipated.

GBP-USD

1.7652. It should see a sell off to below 1.7595 while 1.7670 area curtails its upside. A break beyond 1.7727 will abort the downside.

EUR-CHF

1.5442. It should be subject to more sell off towards 1.5397 or 1.5352. Corrective upward swings should face resistance around 1.5508 area. A break of 1.5476 is bullish.

EUR-JPY

139.20. It may meet resistance in 139.20 - 139.77 zone for a drift down to 137.48 zone, after which bounce to 140.17 is anticipated.

EUR-GBP

0.6786. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6801 or 0.6813 if support around 0.6778 hold. After which a pullback to 0.6778 - 0.6772 zone is possible.

AUD-USD

0.7484. Market should meet resistance at 0.7501. We expect then an extended move down to 0.7453 -0.7432 area.

USD-CAD

1.1583. A correction down to 1.1523 or lower is now expected from 1.1599 or 1.1629. A break above 1.1674 is needed to turn bullish.
 
Tuesday December 20, 2005


EUR-USD

1.2007. It may attempt a test higher to 1.2023 after which weakness may set it to a drift down to below 1.1975 limit.

USD-CHF

1.2923. A corrective/consolidation activity between 1.2881 and 1.2942 is likely for a while.

USD-JPY

116.15. A corrective/consolidation activity between 115.59 and 116.35 is likely for a while.

GBP-USD

1.7628. It should see a sell off to below 1.7569 while 1.7651 area curtails its upside. A break beyond 1.7709 will abort the downside.

EUR-CHF

1.5517. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5528 or 1.5551 if support around 1.5512 hold. After which a pullback to 1.5512 - 1.5504 zone is possible.

EUR-JPY

139.45. There are initial signs of a good corrective recovery towards 140.03 or even 140.61. Supports at 139.18 and 138.89 zone.

EUR-GBP

0.6811. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6821 or 0.6842 if support around 0.6801 hold. After which a pullback to 0.6801 - 0.6794 zone is possible.

AUD-USD

0.7400. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.7387 or 0.7375. Major support is clustered around 0.7333 limit.

USD-CAD

1.1690. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1730 or 1.1779 if support around 1.1657 hold. After which a pullback to 1.1657 - 1.1635 zone is possible.
 
Thursday December 22, 2005


EUR-USD

1.1836. Current fall is near an end of wave around 1.1747 - 1.1796 zone, a rally should then procede to above 1.1874 or 1.1898. Fall below 1.1739 would cancel this scenario.

USD-CHF

1.3130. While below 1.3188 it is more likely to fall further towards 1.3081 or 1.3052. Premature rise above 1.3188 could see it rising above 1.3246 zone.

USD-JPY

117.38. Currently uptrend should end around 117.81 - 117.69 area. A correction down to below 116.91 is expected. A rise above 118.00 will abort the expected correction.

GBP-USD

1.7449. It is likely to attempt nearer support at 1.7356 for extending further to below 1.7264 while below 1.7449 - 1.7521 area. Rise above 1.7567 would dampen this bearish expectation.

EUR-CHF

1.5541. Difficult to predict next move. It should stay in a trading range between 1.5536 - 1.5568

EUR-JPY

138.95. One more dip to 138.53 is likely followed by a grind higher to above 139.18. After which it can resume his downtrend.

EUR-GBP

0.6783. It may attempt a test higher to 0.6789 after which weakness may set it to a drift down to below 0.6760 limit.

AUD-USD

0.7332. It should register further gains to 0.7361 while 0.7312 caps downside attempts. Stop loss below 0.7291 zone.

USD-CAD

1.1653. There is bearish potential for a fall to 1.1621 while 1.1683 - 1.1700 resist. After this fall a recovery up to 1.1700 or 1.1716 is expected.
 
Without wishing to appear picky I find your forecast today to be contradictive
You imply 1.73 for cable whilst euro 1.1870 this would give a GBP/Euro of 1.4575 or .6861 a variant to your forecast of .6760
Typing error perhaps
Your comments Nico please
 
mickandpete said:
Without wishing to appear picky I find your forecast today to be contradictive
You imply 1.73 for cable whilst euro 1.1870 this would give a GBP/Euro of 1.4575 or .6861 a variant to your forecast of .6760
Typing error perhaps
Your comments Nico please

Euro/$ can go lower first to 1.1747-1.1796 and cable to 1.7264, then market can correct to 1.7449-1.7521 and 1.1874-1898 respectively.

By the way it is important to have a global view. If eur/usd, usd/chf and gbp/usd are not in the same direction, something is strange. If all are in the same direction, this should confirm your opinion...
 
Friday December 23, 2005


EUR-USD

1.1868. It should trade lower to 1.1771. Resistances are at 1.1858 and 1.1883. A break of 1.1907 is bullish.confirmed by a close above 1.1897 limit.

USD-CHF

1.3123. A drift down to 1.3029 from 1.3123 - 1.3100 area could be followed by a consolidation/corrective activity.

USD-JPY

116.65. Market should meet resistance at 116.90. We expect then an extended move down to 116.52 -115.89 area.

GBP-USD

1.7373. It may meet resistance in 1.7373 - 1.7389 zone for a drift down to 1.7325 zone, after which bounce to 1.7415 is anticipated.

EUR-CHF

1.5574. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5594 or 1.5608 if support around 1.5562 hold. After which a pullback to 1.5562 - 1.5554 zone is possible.

EUR-JPY

138.43. Overall structure is bearish. Decelerating momentum could attract it towards supports at 138.33 or 138.07. Major support is clustered around 137.78 limit.

EUR-GBP

0.6832. Current rise seems to be over near 0.6836 or 0.6855 for a retracement towards 0.6817 - 0.6805 area.

AUD-USD

0.7315. Market should pop up towards 0.7340 or 0.7366 this bullish scenario would be damaged if 0.7307 - 0.7298 zone is broken, a severe break down could then occur.

USD-CAD

1.1665. Market should hold major support at 1.1447 before rising towards 1.1660 or even 1.1731 limit.
 
Tuesday December 27, 2005


EUR-USD

1.1870. A corrective/consolidation activity between 1.1856 and 1.1897 is likely for a while.

USD-CHF

1.3123. Our preferred outlook is for a drift down to 1.3106 or below 1.3089. Resistances are at 1.3123 and 1.3123. A rise above 1.3140 would delay but not abort this expected fall.

USD-JPY

116.23. A drift to below 116.04 or maximum 115.86 is expected to precede a rally towards above 116.33 or 116.42. Fall below 115.86 would be bearish.

GBP-USD

1.7345. It should trade higher to 1.737 or above 1.7395 in extention. Supports at 1.7333 and 1.7345. Stop loss below 1.732 zone

EUR-CHF

1.5578. A correction down to 1.5519 or lower is now expected from 1.5579 or 1.5609. A break above 1.5639 is needed to turn bullish.

EUR-JPY

137.96. It is likely to attempt nearer support at 137.70 for extending further to below 137.43 while below 137.96 - 138.09 area. Rise above 138.23 would dampen this bearish expectation.

EUR-GBP

0.6844. Current rise is now over. Objectives of this downmove are at 0.6835 or 0.6826. A rise above 0.6862 is again bullish.

AUD-USD

0.7278. A drift to below 0.7264 or maximum 0.7250 is expected to precede a rally towards above 0.7285 or 0.7292. Fall below 0.7250 would be bearish.

USD-CAD

1.1663. Difficult to predict the next move. If first down it should hold 1.1655 or 1.1647 to 1.1679. If first up it should face resistance in 1.1671 - 1.1679 zone to 1.1647 zone
 
Daily Market Comments

Wednesday December 28, 2005




EUR-USD

1.1827. We prefer to see an attempt to below 1.1810 or below 1.1793 in extension. A clear break of 1.1853 is bullish.

USD-CHF

1.3177. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3180 or 1.3225 if support around 1.3154 hold. After which a pullback to 1.3154 - 1.3142 zone is possible.

USD-JPY

117.42. Uptrend is still intact in a triangle configuration. It should continue to rally to 117.93 or 118.18 if support around 117.06 hold. After which a pullback to 117.06 - 116.87 zone is possible.

GBP-USD

1.7272. There is bearish potential for a fall to 1.7231 while 1.7307 - 1.7328 resist. After this fall a recovery up to 1.7328 or 1.7348 is expected.

EUR-CHF

1.5584. Corrective dips should ideally halt near 1.5578 or 1.5572 for one more thrust upwards towards 1.5588 - 1.5597 area or 1.561 in extention. Fall below 1.5565 puts it back on a downward path.

EUR-JPY

138.87. Current rise seems to be over near 138.98 or 139.36 for a retracement towards 138.59 - 138.34 area.

EUR-GBP

0.6846. It looks set for gains to above 0.6858. Supports at 0.6836 and 0.6842. A break of 0.6830 will damage this bullish structure.

AUD-USD

0.7241. There is bearish potential for a fall to 0.7212 while 0.7263 - 0.7278 resist. After this fall a recovery up to 0.7278 or 0.7292 is expected.

USD-CAD

1.1744. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1768 or 1.1806 if support around 1.1716 hold. After which a pullback to 1.1716 - 1.1701 zone is possible.
 
Thursday December 29, 2005


EUR-USD

1.1833. While below 1.1823 or 1.1859 it could fall towards below 1.1740. Rise above 1.1883 could activate some bullish pattern.

USD-CHF

1.3171. It should trade higher to 1.3225 or above 1.3279 in extention. Supports at 1.3111 and 1.3138. Stop loss below 1.3084 zone

USD-JPY

117.92. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.46 or 118.59 if support around 117.61 hold. After which a pullback to 117.61 - 117.45 zone is possible.

GBP-USD

1.7168. There is bearish potential for a fall to 1.7063 or 1.6957 while 1.7288 - 1.7341 resist. After this fall a recovery up to 1.7288 or 1.7341 is expected.

EUR-CHF

1.5585. It looks set for gains to above 1.5601. Supports at 1.5574 and 1.5582. A break of 1.5566 will damage this bullish structure.

EUR-JPY

139.53. One move lower to 138.93 or 138.34 is anticipated while below 139.72 - 140.01 area. Stop loss above 140.50 zone.

EUR-GBP

0.6892. Current upmove should be ended around 0.6917 - 0.6942. Any correction consolidation should find support in 0.6882 - 0.6870 zone.

AUD-USD

0.7289. Current rise seems to be over near 0.7303 or 0.7324 for a retracement towards 0.7282 - 0.7264 area.

USD-CAD

1.1655. Current fall seems to be over near 1.1636 or 1.1599 for a rebound towards 1.1672 - 1.1701 area.
 
Friday December 30, 2005


EUR-USD

1.1840. While below 1.1836 - 1.1903 it might drop to 1.1768 or below 1.1665 zone.

USD-CHF

1.3147. A corrective/consolidation activity between 1.2942 and 1.3351 is likely for a while.

USD-JPY

117.84. Decline should be supported around 117.70 - 117.56 zone for rally to above 118.12. A clear break of 117.56 will damage this expected rally.

GBP-USD

1.7249. It should trade lower to 1.7118. Resistances are at 1.7233 and 1.7266. A break of 1.7298 is bullish.confirmed by a close above 1.7298 limit.

EUR-CHF

1.5567. It looks set to visit further lower territory down to around 1.5550. Its corrective attempts should fail ahead of 1.5572 or 1.5581. Stop loss above 1.5590 zone.

EUR-JPY

139.53. Decline should be supported around 139.27 - 139.01 zone for rally to above 140.15. A clear break of 139.01 will damage this expected rally.

EUR-GBP

0.6864. It looks more likely that it would rise to 0.6890 from 0.6860 or 0.6847. After which a downside move is expected.

AUD-USD

0.7315. Current upmove should be ended around 0.7342 - 0.7368. Any correction consolidation should find support in 0.7306 - 0.7293 zone.

USD-CAD

1.1641. It may meet resistance in 1.1641 - 1.1648 zone for a drift down to 1.1619 zone, after which bounce to 1.1660 is anticipated.
 
Tuesday January 3, 2006


EUR-USD

1.1828. It should see a sell off to below 1.1775 while 1.1831 area curtails its upside. A break beyond 1.1885 will abort the downside.

USD-CHF

1.3156. Corrective dips should ideally halt near 1.3149 or 1.3125 for one more thrust upwards towards 1.3177 - 1.3204 area or 1.3252 in extention. Fall below 1.3101 puts it back on a downward path.

USD-JPY

118.00. It should trade higher to 118.45 or above 118.89 in extention. Supports at 117.50 and 117.72. Stop loss below 117.28 zone

GBP-USD

1.7189. While below 1.7177 or 1.7217 it could fall towards below 1.7086. Rise above 1.7243 could activate some bullish pattern.

EUR-CHF

1.5562. It should test 1.5570 area after which a sell off down to 1.5539 or extended to 1.5515 area is expected.

EUR-JPY

139.59. It may attempt a test higher to 139.72 after which weakness may set it to a drift down to below 138.92 limit.

EUR-GBP

0.6882. It may attempt a test higher to 0.6887 after which weakness may set it to a drift down to below 0.6855 limit.

AUD-USD

0.7338. Currently uptrend should end around 0.7362 - 0.7353 area. A correction down to below 0.7315 is expected. A rise above 0.7368 will abort the expected correction.

USD-CAD

1.1633. While below 1.1620 - 1.1647 it might drop to 1.1593 or below 1.1554 zone.
 
Wednesday January 4, 2006


EUR-USD

1.2018. Current rise seems to be over near 1.2025 or 1.2095 for a retracement towards 1.1954 - 1.1915 area.

USD-CHF

1.2902. Market should not go lower than 1.2807. After this move down it should go up to 1.2896 - 1.2983 area.

USD-JPY

116.16. Market should not go lower than 115.30. After this move down it should go up to 116.09 - 116.69 area.

GBP-USD

1.7463. Current rise seems to be over near 1.7464 or 1.7555 for a retracement towards 1.7372 - 1.7326 area.

EUR-CHF

1.5506. It is likely to attempt nearer support at 1.5483 for extending further to below 1.5459 while below 1.5506 - 1.5530 area. Rise above 1.5542 would dampen this bearish expectation.

EUR-JPY

139.60. It may attempt a test higher to 139.73 after which weakness may set it to a drift down to below 139.06 limit.

EUR-GBP

0.6882. Difficult to predict the next move. If first down it should hold 0.6867 or 0.6857 to 0.6901. If first up it should face resistance in 0.6889 - 0.6901 zone to 0.6857 zone

AUD-USD

0.7402. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7413 or 0.7477 if support around 0.7377 hold. After which a pullback to 0.7377 - 0.7359 zone is possible.

USD-CAD

1.1560. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1541 or 1.1505. Major support is clustered around 1.1482 limit.
 
Wednesday January 4, 2006


EUR-USD

1.2018. Current rise seems to be over near 1.2025 or 1.2095 for a retracement towards 1.1954 - 1.1915 area.

USD-CHF

1.2902. Market should not go lower than 1.2807. After this move down it should go up to 1.2896 - 1.2983 area.

USD-JPY

116.16. Market should not go lower than 115.30. After this move down it should go up to 116.09 - 116.69 area.

GBP-USD

1.7463. Current rise seems to be over near 1.7464 or 1.7555 for a retracement towards 1.7372 - 1.7326 area.

EUR-CHF

1.5506. It is likely to attempt nearer support at 1.5483 for extending further to below 1.5459 while below 1.5506 - 1.5530 area. Rise above 1.5542 would dampen this bearish expectation.

EUR-JPY

139.60. It may attempt a test higher to 139.73 after which weakness may set it to a drift down to below 139.06 limit.

EUR-GBP

0.6882. Difficult to predict the next move. If first down it should hold 0.6867 or 0.6857 to 0.6901. If first up it should face resistance in 0.6889 - 0.6901 zone to 0.6857 zone

AUD-USD

0.7402. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7413 or 0.7477 if support around 0.7377 hold. After which a pullback to 0.7377 - 0.7359 zone is possible.

USD-CAD

1.1560. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1541 or 1.1505. Major support is clustered around 1.1482 limit.
 
Friday January 6, 2006


EUR-USD

1.2110. Uptrend is still intact. It should continue to rally to 1.2132 or 1.2154 if supports at 1.2099 area hold. We anticipate a pullback to 1.2099 - 1.2088 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 1.2132 limit.

USD-CHF

1.2757. It should register further gains to 1.2807 while 1.2729 caps downside attempts. Stop loss below 1.2700 zone.

USD-JPY

115.91. Prefer a fall to 115.83 or 115.62. Then a correction to 116.19 is anticipated. A clear break of 115.32 is again bearish.

GBP-USD

1.7559. Current upmove should be over between1.7575 and 1.7545. A correction down to 1.7442 is anticipated. A break of 1.7604 is bullish.

EUR-CHF

1.5449. We prefer to see an attempt to below 1.543 or below 1.5410 in extension. A clear break of 1.5471 is bullish.

EUR-JPY

140.37. It looks more likely that it would rise to above 140.63 or 140.84 from 140.19 or 139.95. After which a downside move to below 139.53 is expected.

EUR-GBP

0.6896. Corrective dips should halt near 0.6879 for one more thrust upwards towards 0.6903. Stop loss below 0.6861 zone.

AUD-USD

0.7474. A correction down to 0.7450 or lower is now expected from 0.7480 or 0.7491. A break above 0.7509 is needed to turn bullish.

USD-CAD

1.1621. A corrective/consolidation activity between 1.1503 and 1.177 is likely for a while.
 
Monday January 9, 2006


EUR-USD

1.2151. Current upmove should be over between1.2166 and 1.2137. A correction down to 1.2035 is anticipated. A break of 1.2195 is bullish.

USD-CHF

1.2700. It might hold above 1.2687 or 1.2652 for a rise towards above 1.2769. Stop loss below 1.2652 zone.

USD-JPY

114.41. Market should meet resistance at 114.98. We expect then an extended move down to 113.99 -112.71 area.

GBP-USD

1.7704. A corrective/consolidation activity between 1.7571 and 1.7876 is likely for a while.

EUR-CHF

1.5432. Current fall is near an end of wave around 1.5400 - 1.5426 zone, a rally should then procede to above 1.5446 or 1.5458. Fall below 1.5384 would cancel this scenario.

EUR-JPY

139.02. Market should meet resistance at 139.51. We expect then an extended move down to 138.46 -137.56 area.

EUR-GBP

0.6863. Market should meet resistance at 0.6874. We expect then an extended move down to 0.6854 -0.6831 area.

AUD-USD

0.7541. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7555 or 0.7616 if support around 0.7515 hold. After which a pullback to 0.7515 - 0.7496 zone is possible.

USD-CAD

1.1656. Should test support at 1.1605 while below 1.1656. If support at 1.1605 holds it can rise up to1.1717, if not it should fall to below 1.1554 zone.
 
Monday January 9, 2006


EUR-USD

1.2151. Current upmove should be over between1.2166 and 1.2137. A correction down to 1.2035 is anticipated. A break of 1.2195 is bullish.

USD-CHF

1.2700. It might hold above 1.2687 or 1.2652 for a rise towards above 1.2769. Stop loss below 1.2652 zone.

USD-JPY

114.41. Market should meet resistance at 114.98. We expect then an extended move down to 113.99 -112.71 area.

GBP-USD

1.7704. A corrective/consolidation activity between 1.7571 and 1.7876 is likely for a while.

EUR-CHF

1.5432. Current fall is near an end of wave around 1.5400 - 1.5426 zone, a rally should then procede to above 1.5446 or 1.5458. Fall below 1.5384 would cancel this scenario.

EUR-JPY

139.02. Market should meet resistance at 139.51. We expect then an extended move down to 138.46 -137.56 area.

EUR-GBP

0.6863. Market should meet resistance at 0.6874. We expect then an extended move down to 0.6854 -0.6831 area.

AUD-USD

0.7541. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7555 or 0.7616 if support around 0.7515 hold. After which a pullback to 0.7515 - 0.7496 zone is possible.

USD-CAD

1.1656. Should test support at 1.1605 while below 1.1656. If support at 1.1605 holds it can rise up to1.1717, if not it should fall to below 1.1554 zone.
 
Wednesday January 11, 2006



EUR-USD

1.2151. Current rise seems to be over near 1.2166 or 1.2288 for a retracement towards 1.2044 - 1.1976 area.

USD-CHF

1.2800. Market should meet resistance at 1.2852. We expect then an extended move down to 1.257 -1.2262 area.

USD-JPY

114.40. Current fall seems to be over near 114.32 or 112.99 for a rebound towards 115.64 - 116.35 area.

GBP-USD

1.7639. Current rise seems to be over near 1.7713 or 1.7899 for a retracement towards 1.7527 - 1.743 area.

EUR-CHF

1.5445. Market should not go lower than 1.5367. After this move down it should go up to 1.5421 - 1.5472 area.

EUR-JPY

138.00. Resistances lie around 139.95 and 141.61. It should test lower towards 138.3 zone. A clear break of 137.63 would be bearish.

EUR-GBP

0.6847. Preferred view is for a fall to below 0.684 while 0.6868 - 0.6875 area resists. A clear break of 0.6898 would be bullish.

AUD-USD

0.7542. Current rise seems to be over near 0.7547 or 0.7624 for a retracement towards 0.7469 - 0.7428 area.

USD-CAD

1.1681. It may attempt a test higher to 1.1692 after which weakness may set it to a drift down to below 1.1498 limit.
 
Thursday January 12, 2006


EUR-USD

1.2128. A corrective/consolidation activity between 1.2067 and 1.2206 is likely for a while.

USD-CHF

1.2758. While below 1.2773 - 1.2802 it might drop to 1.2702 or below 1.2645 zone.

USD-JPY

114.14. There is bearish potential for a fall to 113.74 while 114.31 - 114.52 resist. After this fall a recovery up to 114.52 or 114.72 is expected.

GBP-USD

1.7644. Market should hold major support at 1.7538 before rising towards 1.7703 or even 1.7762 limit.

EUR-CHF

1.5472. Current rise should end around 1.5464 or 1.5487. Objectives of this downmove are 1.5449 or 1.5426. A rise above 1.5502 is again bullish.

EUR-JPY

138.42. It should trade higher to 138.66 while 138.29 or 138.17 offers support. Stop loss below 138.05 zone.

EUR-GBP

0.6874. Current rise seems to be over near 0.6880 or 0.6895 for a retracement towards 0.6865 - 0.6854 area.

AUD-USD

0.7552. It should trade higher to 0.7585 while 0.7533 or 0.7517 offers support. Stop loss below 0.7500 zone.

USD-CAD

1.1589. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1565 or 1.1543. Major support is clustered around 1.1506 limit.
 
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