Good morning Forex fellows!
Let’s see what the market promises us today.

Forex technical overview

EUR-USD => Expecting further climb towards 1.4910 and even 1.4992 assuming that support at 1.4840 holds. Later we should see a correction towards 1.4840 - 1.4810 area.

GBP-USD => Further sell offs to 1.9815 and lower to 1.9765 may occur while the price stay below 1.9888 - 1.9910 area. Further expectations are for a temporary consolidation.

USD-CHF => Resistance at 1.0865 should hold allowing a down move towards 1.0825 -1.0735 zone.

USD-JPY => While 106.65 - 106.85 area offers resistance we could see another drop towards 105.85 level. Later a correction to 106.85 and possibly 107.05 should be expected.

EUR-JPY => While the area of 158.25 - 158.70 resists we may anticipate another fall towards 157.05 and possibly to 156.20 level.

EUR-GBP => The market will be coiling between 0.7435 and 0.7505 for some time now.

EUR-CHF => Support at 1.6095 should hold with a following price rise to 1.6220 and higher. Breaking below 1.6030 calls sellers into action.

AUD-USD => Quite uncertain expectations here. 0.8895 or 0.8855 most likely will support a rise to 0.9010. Later a pullback will be due.

USD-CAD => 0.9840 - 0.9920 area should mark the end of the fall, opening a new rally towards 0.9965 and possibly to 1.0000. Breaking below 0.9800 damages those expectations.

GBP/JPY => registering clearly above 212.00 opens another opportunity on the way up. Next resistance is at 213.00 and later at 214.00.

Forex fundamentals to watch

USD 8:30 AM EST Personal Consumption Expenditures (PCE) Index
CAD 8:30 AM EST Gross Domestic Product (GDP)
USD 9:45 AM EST Chicago Purchasing Managers’ Index (PMI)

Forex technical overview

EUR-USD => Downwards correction should be supported around 1.4755 - 1.4745 level. If so, later expecting a large swing up. S/L is placed slightly below 1.4740.

GBP-USD => 1.9930 - 1.9947 level should see the end of an uptrend with a following pullback towards 1.9830. Rising above 1.9995 cancels a pullback plan.

USD-CHF => Support at 1.0930 and 1.0910 levels should hold allowing a move up to 1.0950 - 1.0970 and possibly to 1.1005. Registering below 1.0895 sets a sellers’ mode.

USD-JPY => Aiming at 107.40 with support currently at 106.75 and 106.90. Breaking below 106.59 sets uncertainty about successful bullish operation.
EUR-JPY => 158.60 - 158.85 levels should see the end of an uptrend with a following pullback to 157.40. Rising above 159.40 suggests no pullbacks mentioned earlier.

EUR-GBP => Resistance at 0.7420 and 0.7435 may provoke further sell off towards 0.7395 level. Rising above 0.7440 is in favor of buyers.

EUR-CHF => 1.6170 - 1.6200 area may become a turning point for a current rise, a pullback will then settle with a target at 1.6136 - 1.6120.

USD-CAD => Expecting a rise to 1.0055 or even 1.0125 level unless 0.9940 - 0.9935 area is damaged. If it gets damaged we may expect a large sell off.

GBP/JPY => Currently looking upwards. Nearest resistance around 213.00 -213.20 levels if passed opens a door to 214.00 level. A confirmed break below 212.20 sets a short term sellers mode.

Forex fundamentals today

CHF 5:30 AM EST Leading Index
USD 8:15 AM EST ADP Nonfarm Employment
USD 8:15 AM EST Gross Domestic Product (GDP)
USD 2:15 PM EST Interest Rate Statement

Good morning Forex fellows!
here is
Forex technical overview

EUR-USD => Today aiming at 1.4832 and even higher. Support at 1.4747 - 1.4722 should hold all tests.

GBP-USD => Will most likely be watching a consolidation between 1.9751 and 1.9908 points.

USD-CHF => Expecting a rise from 1.0883 - 1.0893 to 1.0949. Stops slightly below 1.0816.

USD-JPY => One more test of 107.64 is expected. Later a dip towards 106.25 or even to 105.61 should take place.

EUR-JPY => 158.12 level can be tested. Later expect a decline towards 156.30.

EUR-GBP => Expecting dips to 0.7407 and even 0.7365. Resistance at 0.7497 should hold all upwards attempts. Breaking above 0.7488 is in favor of buyers.

EUR-CHF => Further sell off to 1.6050 or even 1.5998 is expected. Resistance at 1.6154 should hold all pullbacks. Breaking above 1.61515 calls bulls into action.

AUD-USD => Today’s target is going to be set at 0.8933 or higher. Support at 0.8850 - 0.8829 is expected to hold all dips.

USD-CAD => Watching for a race from under 1.0023 level or above 1.0119 level.

GBP/JPY => Long term objectives are for rising Pound. Current resistance level 212.20 needs to be broken in order to confirm early upward intentions.

Forex fundamentals todays

USD 8:30 AM EST Durable Goods Orders
USD 10:00 AM EST Consumer Confidence
JPY 7:50 PM EST Industrial Production

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Forex technical overview

EUR-USD => Resistance at 1.4703 and 1.4724 levels may provoke price falling below 1.4628 or even 1.4586. Later a correction and possible consolidation should be expected.

GBP-USD => Expecting a fall towards 1.9756 or even 1.9692 while still trading below 1.9834 - 1.9866 zone. S/L is placed slightly above 1.9912.

USD-CHF => The market will coil between 1.0894 and 1.1068 for a while.

USD-JPY => While resistance at 106.82 - 107.15 zone ho;ds we may see another fall towards 106.42. Breaking above 107.56 calls buyers in to action.

EUR-JPY => Aiming upwards to 157.92 and possibly 158.38. Support levels are 156.63 and 155.81.

EUR-GBP => Resistance at 0.7428 should hold allowing a move down towards 0.7385 -0.7327 zone.

EUR-CHF => While trading below 1.6122 - 1.6146 zone we may see another attempt lower towards 1.6051 or even 1.6002. S/L is placed slightly above 1.6192.

AUD-USD => Targeting 0.8828 and later 0.8846 levels with current support at 0.8788 and 0.8766 levels.

USD-CAD => Predicted further fall towards 0.9971. S/L slightly above 1.0116.

Forex fundamentals today

USD 10:00 AM New Home Sales
JPY 7:50 PM Retail Sales

Weekly Pivots

S3 S2 S1 P R1 R2 R3
EUR/USD 1.4024 1.4195 1.4438 1.4609 1.4852 1.5023 1.5266
USD/JPY 102.26 103.62 105.17 106.53 108.08 109.44 110.99
GBP/USD 1.8985 1.9161 1.9495 1.9671 2.0005 2.0181 2.0515
USD/CHF 1.0557 1.0702 1.0833 1.0978 1.1109 1.1254 1.1385
USD/CAD 0.9569 0.9791 0.9935 1.0157 1.0301 1.0523 1.0667
AUD/USD 0.8245 0.8379 0.8586 0.8720 0.8927 0.9061 0.9268
NZD/USD 0.7091 0.7237 0.7457 0.7603 0.7823 0.7969 0.8189
EUR/JPY 145.82 148.97 152.82 155.97 159.82 162.97 166.82
EUR/GBP 0.7277 0.7337 0.7370 0.7430 0.7463 0.7523 0.7556
EUR/CHF 1.5594 1.5712 1.5906 1.6024 1.6218 1.6336 1.6530
EUR/CAD 1.4310 1.4520 1.4659 1.4869 1.5008 1.5218 1.5357
EUR/AUD 1.6086 1.6312 1.6500 1.6726 1.6914 1.7140 1.7328
GBP/CHF 2.0793 2.0997 2.1370 2.1574 2.1947 2.2151 2.2524
GBP/JPY 196.76 200.68 206.17 210.09 215.58 219.50 224.99
AUD/JPY 85.52 87.81 90.83 93.12 96.14 98.43 101.45
NZD/JPY 73.61 75.88 78.91 81.18 84.21 86.48 89.51
S3 S2 S1 P R1 R2 R3

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