EURUSD, AUDUSD, EURCHF Daily Outlook

EURUSD

The Euro recovered after testing support at 1.4700 on yesterday and resistance into the 1.48 region is under pressure at the time of this writing. Intraday studies are bullish and the rise may extend towards 1.4850 where next resistance level is seen, then 1.4950 higher. On the downside, support starts at 1.4740 backed by 1.4700 and 1.4630/40. Current quote is 1.4806 @06:20 GMT

Support levels: 1.4740, 1.4700, 1.4630/40, 1.4530/40 and 1.4500.
Resistance levels: 1.4790/00, 1.4815, 1.4850 and 1.4950.
Market sentiment: long-term : bullish, mid-term : bearish, short-term : bearish

AUDUSD

Resistance into the .8750 zone is intact and the intraday studies are bullish, therefore a sustained break could encourage further gains towards the .8800 mark. Support is seen at .8715 backed by .8690 and .8670. Daily studies are bearish but a potential break of .8750 and .8800 later will signal a reversal although it could only be a corrective move. Current quote is .8745 @06:20 GMT

Support levels: .8715, .8690, .8670, .8605, .8550 and .8510.
Resistance levels: .8750, .8795/00, .8840/50 and .8950.
Market sentiment: long-term : bullish, mid-term : bearish , short-term : bearish

EURCHF

The breach of 1.6140 and 1.6170 resistance levels on yesterday provide a bullish view on current market's condition but on the other side, the resistance at 1.6200/10 seem strong enough and could limit the upside for now, as the pair already pulled back for 30 points since its last attempt to break through 1.6210. The current fall may continue towards interim support at 1.6170 then 1.6140, lower. Below 1.6140 resumes downtrend. Current quote is 1.6181 @06:20 GMT

Support levels: 1.6170, 1.6140, 1.6105/12, 1.6095, 1.6030 and 1.5960.
Resistance levels: 1.6210, 1.6235/45 and 1.6300
Market sentiment: long-term : bullish, mid-term : neutral, short-term : bearish

E-Forex

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