Forex analysis...

EUR-USD –

Still above 200 DMA, but below 1,2580-2620, important could be ZEW and more important US data…, at this moment till us data propably 1,2485-1,2560-80 range, clear direction we should see after US data, prefer sell on rally…

NOTE :

EUR is also on strong underpressure from GBP and JPY, it also could help usd bulls


GBP-USD –

Potential double-bottom at $1.8520 triggered on a break
above $1.8637 -- targets measured move to $1.8755. However, there are
some key interim resistance levels at $1.8650 Fibonacci levels, the
100-day moving average at $1.8675 & $1.8700 -- 50.0% of US payroll
high to $1.8520 low. The daily slow-stochastics are crossing bullishly.

NOTE: GBP supported from UK DATA

USD-JPY –

Below 119,00, support 118,65, while holds still possible rise twds 120 and higher, below this support next target 118,00…

Try Very small long at 118,65 with sl at 52…

NOTE: Remember Bank Of Russia said yesterday that will start to buy jpy…


EUR-JPY –

Slips through strong tech support at Y149.00 as dollar-yen
stops are triggered. More stops noted down to Y148.80 ; below target 148,30-35

Still holding short positions…

USD-CHF –

While above 1,2660 prefer long positions with sl below 1,2620…

USD-CAD

Important BOC rate decision and commentary after this,
no rate hike and oil prices below 60usd could hurt cad in mid and longer term,

try to very small long on dips at 1,1320 if seen for 1,17 with tight sl ahead rate decision….


AUD-CAD

If You’re long sl move on entry point ahead of BOC rate decision, if position will close re-enter again on dip…


USD-PLN

At this moment still prefer buing on dip ( 3,08 ), important could be us data later today, below 3,08 watch for 3,05, first resistance near 3,14 above target 3,20 and higher, political problems in Poland could help usd bulls…


EUR-PLN

SHS formation on daily, trading below 200 dma, prefer sell on any rally first target 3,75, selling area 3,8870-3,8900 ( back to the line )…

EUR-HUF

Strong support near 270 was taken out, now bears have situation under control while pair is below 200 DMA…( 265,93 ), if we will see daily close below 200 DMA today next possible target even 260…, close above could push pair higher twds 270 but propably it will be only correction ahead of next move down…watching

EUR-CAD

Trdaing above 200 DMA at 1,4104, resistance first at 1,4350 next 1,45, important today BOC rate decision , also watching oil prices, stand aside at this moment….

NOTE: propably bettr to going long GBP-CAD with first target 2,15 and next 2,20 further out.


USD-THB

Usd bulls fighting with 37,400-500 resistance, support start near 37,120, long shoul be open only when we will see daily close above resistance…


USD-CZK

Looking to buy, watch weekly close… buying area 21,900-22,200 or above resistance 22,760


USD-HKD

Support near 7,7850 was taken out, next 7,7778 ( 38,2% Fibo ) and 7,7725 ( 50 % Fibo ) from 7,7510 – 7,7946 up-trend, stand aside, watch all asian currency…

NOTE: maybe better to buy asia vs european , waiting for clear signals…

GOOD LUCK and GOOD TRADE
Piotr

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