EURUSD, AUDUSD, EURCHF Daily Outlook

EURUSD

The Euro is advancing higher vs the US dollar, testing offers around the 1.4380 mark a bit earlier today. The market remains violent as the extreme volatility is causing moves of 250+ points a day. Intraday support is seen at 1.4300 backed by 1.4200 and 1.4090. Resistance starts at 1.4390 followed by 1.4470 and 1.4570. Daily sentiment is slightly bullish and a potential break of 1.4570 should confirm the uptrend. Intraday studies are bullish as well at the time of this writing. Current quote is 1.4320 @06:40 GMT

Support levels: 1.4300, 1.4200 and 1.4090.
Resistance levels: 1.4390, 1.4470 and 1.5470.
Market sentiment: long-term : bullish, mid-term : bearish, short-term : slightly bullish

AUDUSD

Short-term momentum is bearish despite today's recovery which will probably extend towards first resistance level at .8060. Above .8060, other barriers are seen at .8130 and .8235. Support is formed by .7950, .7900 and .7800. Current quote is .7968 @06:40 GMT

Support levels: .7900, .7850 and .7800.
Resistance levels: .8065, .8130 and .8235/50.
Market sentiment: long-term : bearish, mid-term : bearish , short-term : bearish

EURCHF

Support is eyed at 1.5800 and 1.5750 lower. The bearish momentum of the daily studies encourages further decline towards the 1.5750 mark and below. On the upside, resistance starts at 1.5850 followed by 1.5900, 1.5940/50 and 1.6. Current quote is 1.5822 @06:40 GMT

Support levels: 1.5800, 1.5750 and 1.5650.
Resistance levels: 1.5850, 1.5900, 1.5940/50 and 1.6
Market sentiment: long-term : bullish, mid-term : neutral, short-term : bearish

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