Forex analysis...

EUR-USD –

New low yesterday at 1,2501 after FOMC , strong bounce back today but at this moment still favor short positions…
Selling area 1,2575-90 and above 1,2610, sl above 1,2640-50 for 1,2460-80,
Important US Trade Balance today….

Currently short from 1,2545…


GBP-USD –

Pair now trying to back above 1,8600-15, next resistance near 1,8635-60 also looks good for short…
Short from 1,8524 was stopped out…

Holding short from 1,8565, will add near 1,8645


USD-JPY-

As I wrote yestrday, correction possible…but still favor long positions… level to buy 119,25-30 or 118,60-85…


USD-CAD-

As I wrote yesterday, bullish for 1,14 while above 1,1320, max today 1,1384, if You’re long try to take profit here at 1,1360 or put sl on entry level…

Fundamental:
The Canadian dollar was down
versus the greenback on Wednesday as another slide in commodity
prices weighed on the currency, which could drift further given
the lack of any key domestic data...




USD-CHF – look to buy on dips 1,2630-50 for 1,2780-2800

AUD-USD –

Good demand noted this morning for topside Aussie calls after
strong employment data overnight. Traders note stops at $0.7485 and
$0.7495.

200 DMA at 0,7478, now we are above this level…

Bearish below 0,7440-50, bullish above 0,7500, still watching

NZD-CHF-

Current 0,8362 … testing 50% fall from 0,9448 to 0,7375…
200 DMA below 0,81, also good support at 0,8100 ( trendline ), watching…

USD-CZK-

Very interesting situation, long term downtrend-line on daily chart is underpressure, daily close above could be very bullish, on the other hand consolidation 21,7000-22,6000 also possible…

USD-DKK-

Consolidation 5,7500-5,9500, supoort 5,85 then 5,80, also range –break to the upside possible…

USD-HRK –

Look to buy again on dip 5,85-5,86 for minimum 5,94-95…and for 6 and above later..

USD-HUF-

HUF is a stronger than we expected at this moment range-break to the downside possible, watch support near 212,00, speculative traders can to take long here ( 212,50 ) with tight sl below 212 for move minimum 216, daily close below 212, we will have bigger chances for back to 208…

USD-MXN –

Watch support 10,9200-9500, resistance 11,1000, bigger chances at this moment for bears

USD-PLN -

If You are still long, You can take some profits here 3,1215-25 for rest put sl on entry level tp 3,14, look to buy on dips again…or on break to the upside

More details about other currency than majors after weekend

GOOD LUCK and GOOD TRADE
Piotr

p.s.
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