The interim goal for USD/CHF is at 0.9776/84, while the main target lies at 0.9950, since bullishness of the pair is supported by the majority of short- and mid-term indicators. Supports are positioned at 0.9400, 0.9331/17 and 0.9240.
The American Dollar - Japanese Yen currency couple approaches resistance zone at 78.22/66, which is likely to withstand the initial attack. Dips are expected to be limited by supports that may be found at 77.29, 77.24/12 and at 76.22.
GBP/USD is nearing a downtrend at 1.5415, which acts as a support at the moment. In case bearish impetus strengthens, subsequent line at 1.5272 might come into play. From above the pair is capped by resistances situated at 1.5747 and 1.5883/88.
EUR/JPY is presently heading to the initial target located at 100.77. Further aim will be set at 100.00, after the aforementioned level is violated. Rallies should be kept by tough resistances at 102.49, 103.53 and 104.81.
After penetrating supports at 1.3145 and 1.3000 EUR/USD currency pair maintains its bearish course toward 1.2860. Should the latter level be breached as well, the price might decline down to 1.2068.
Since a key resistance area has been overcome by USD/CHF, the pair is likely to surge further, up to subsequent levels at 0.9776/84, while longer term target is at 0.9950. Supports may be found at 0.9331/17 and 0.9240.
USD/JPY is bullish at the moment while approaching 78.28/30 which is not expected to halt upward movement of the pair. Further goals are situated at 78.66 and 80.12. The initial support is at 77.29, additional levels are at 77.11 and 76.22.
The price is getting closer to an uptrend at 1.5412/15, below which GBP/USD may encounter supports at 1.5272 and 1.5093, should the pair show weakness. From above GBP/USD is capped by resistances at 1.5562 and 1.5749.
EUR/JPY currency pair is currently headed towards a level of 100.77, while 100.00 is likely to be next target, since support at 102.49 has been breached. Resistances are located at 103.77, 104.86 and 105.72.
After a break of 1.3145 bearish impetus of the pair has strengthened and may drag EUR/USD down to 1.2860. While the long-term target lies at 1.20. Rallies, on the other hand, are expected to be limited by resistances at 1.3212 and 1.3355.
The pair continues its rally as investors turn positive before the FOMC Statement release today. Meanwhile, the daily mean at 0.9346 has been successfully breached.
USD/JPY is trading in the 77-78 price channel as investors remain concerned over the European long-term economic prospects, thus the daily forecast mean at 77.83 has been pierce.
The British pound rebounded today after the Retail Price Index rose more than expected, inspiring optimism among investors and causing the market daily target at 1.5589 to breach.
The common European currency inched lower today, crossing the daily target at 102.98 as investors favour buying Japanese yens on EU debt concerns.
The pair committed a correction after the German ZEW Economic Sentiment declined less than expected, reaching -53.8 versus estimated -56.1 while Spain sold more debt than it had planned. The forecast mean has been touched.
The American Dollar - Swiss Franc currency pair is making an attempt to finally break through a tough resistance area which lies at 0.9341/99. In case USD/CHF confirms a break of 0.9400, further goal will be set at 0.9776/84.
USD/JPY has distanced itself from 77.11/19, which is a cluster of 55 and 100 day moving averages. At the moment the price is bullish and therefore is likely to advance, encountering resistances at 78.29/30, 78.66 and 80.12 on its way.
GBP/USD has turned neutral and therefore is expected to act calmly for now. Resistances are located at 1.5752, 1.5796 and 1.5872. While supports should limit possible dips at 1.5560, 1.5500 and 1.5397.
Support at 102.99 has been violated and the price is currently headed toward a subsequent level at 102.49. From above the currency pair is capped by resistances situated at 104.91 and 105.72 which should halt rallies.
EUR/USD is extremely bearish, as it has just breached through 1.3220. The next level in focus is 1.3145 which is likely to be reached in the near term. Initial resistance is at 1.3381, followed by 1.3550/77.
The common European currency inched lower today, crossing the daily target at 103.83 as investors voted 'thumbs-down' to the EU deal on financial compact.
USD/CHF is trading higher after the Swiss economy posted a 4.05M employment level – higher than expected, causing investors to move from safe-haven to riskier assets. The forecast mean at 0.9231 remained untapped today.
The American dollar returned to the 77-78 price range as investors remain concerns over the European long-term economic prospects, piercing the daily consensus at 77.63.
The British pound moved its bearish trend as the UK Prime Minister David Cameron refused to support the financial pact the rest of the EU members agreed on, making investors anxious on the prospects of Europe and leaving the daily forecast mean at 1.5663 intact.