EURUSD, AUDUSD, EURCHF Daily Outlook

EURUSD

The rally past resistance at 1.4850 on yesterday provides clues of a corrective move which could be underway, with key resistance aimed into the 1.4965/80 region. Interim resistance is seen at 1.4900/07 while support starts at 1.4850 backed by 1.4800 and 1.4740/50. The upside remains on focus as the Euro maintains its bid tone but resistance into the mid 1.49 zone to 1.5 mark should limit the upside for now. Current quote is 1.4887 @06:38 GMT

Support levels: 1.4850, 1.4800 and 1.4740.
Resistance levels: 1.4900, 1.4965/80 and 1.5
Market sentiment: long-term : bullish, mid-term : bearish, short-term : bearish

AUDUSD

The resistance into the .8800 zone is back on focus and a sustained break may extend Aussie's gains towards the .9050 mark within the next days. Support formed at .8750 should remain intact in order to maintain the bullish bias. Below .8750 support is seen at .8700 and .8650. Intraday studies are bullish and the dailies are slightly bullish as well. Current quote is .8788 @06:38 GMT

Support levels: .8750, .8700 and .8650
Resistance levels: .8800, 8865 and .8950.
Market sentiment: long-term : bullish, mid-term : bearish , short-term : slightly bullish

EURCHF

The recovery to 1.6200 which followed the retracement to 1.6145 on yesterday lacks the strength required for a breach of the 1.6200/10 resistance region but the upside is still on focus while support at 1.6170 and lower at 1.6140/50 holds. The daily studies are slightly bearish but a sustained break of the mentioned resistance may accelerate gains towards next resistance into the 1.6240/50 region. Intraday studies are slightly bullish at the time of this writing. Current quote is 1.6185 @06:38 GMT

Support levels: 1.6170, 1.6140/50, 1.6105/12, 1.6095, 1.6030 and 1.5960.
Resistance levels: 1.6200/10, 1.6235/45 and 1.6300
Market sentiment: long-term : bullish, mid-term : neutral, short-term : slightly bearish

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