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Technical Briefing





Currency Pair Daily Momentum 4-Hour Momentum 1-Hour Momentum Support Resistance Comments
EUR/USD 1.2450
1.2410
1.2370		 1.2530
1.2600
1.2660		 2255MT break below 1.2600 renews push lower, immediate downside bias while below 1.2530/40, below 1.2450 may see weakness to 1.2380 lows
GBP/USD 1.4950
1.4900
1.4830		 1.5040
1.5100
1.5220		 2304GMT false break higher suggests a drop to range lows at 1.4820/30 is likely, immediate bias lower while below 1.5030/40
USD/JPY 95.50
95.20
94.70		 96.00
96.30
96.75		 2307GMT break below consolidation support exposes downside while below 96.20/30 nearby resistance, below 95.50 may signal test of lows
USD/CHF 1.2110
1.2070
1.2010		 1.2150
1.2180
1.2220		 2310GMT immediate upside bias remains while above 1.2120, need below 1.2060/70 to signal possible reversal, new gains likely over 1.2150
AUD/USD 0.6350
0.6300
0.6240		 0.6400
0.6440
0.6500		 2223GMT focus lower after breaking trendline support near 0.6430/40, should find support into 0.6350 initially, sees to 0.6300 next
USD/CAD 1.2500
1.2440
1.2380		 1.2560
1.2600
1.2640		 2226GMT push higher continues with upside in place while above 1.2500, more strength above 1.2560 next, focus lower if below 1.2440
EUR/JPY 119.50
119.00
118.20		 120.30
121.20
122.00		 2314GMT decline sees to key trendline support at 119.10/20 and bounces, bias lower while below 120.30, below 119.00 may see test of recent lows
NZD/USD 0.5400
0.5350
0.5300		 0.5460
0.5500
0.5550		 2228GMT sharp move lower finding a base near 0.5400, below sees losses extend towards 0.5350 next, focus higher if back above 0.5460/70
EUR/GBP 0.8330
0.8300
0.8265		 0.8365
0.8385
0.8415		 2319GMT correction lower has dropped below hourly trendline support, now resistance at 0.8365/70, only above 0.8410/15 signals renewed upside
AUD/JPY 60.90
60.20
59.50		 62.20
62.80
63.70		 2231GMT broke trendline support near 62.20, sharp correction found support near 60.90 and holding there, below sees losses extend to 60.20 initially
GBP/JPY 142.50
141.00
140.20		 144.00
145.00
146.50		 2325GMT drop below hourly trendline support, now resistance at 144.00, keeps focus lower, below 142.50 may see declines to 140.00/50 area
CAD/JPY 76.00
75.20
74.30		 77.00
77.90
78.60		 2234GMT focus lower while below 77.00, finding support by 76.00 now, below sees weakness into 75.20 initially, expect strength above 77.90




Disclaimer:
The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.