EUR/USD: 1.3010 – 1.3055 {Bearish Bias}
EUR/USD remains under pressure in general, but bearish momentum turns down and the pair is moving sideways. Our prefrence is to look for bearish pattern confirmation at the range 1.3010 – 1.3055 to go SHORT.
USD/CHF: 0.9480 – 0.9515 {Bullish Bias}
USD/CHF remains in an uptrend but bullish momentum decreases and the pair is moving in consolidation mode. Our preference is to look for bullish pattern confirmation at the range 0.9480 – 0.9515 to go LONG
GBP/USD: 1.5470 – 1.5520 {Bearish Bias}
GBP/USD remains capped by a negative trend line as seen on the hourly chart. Our preference is to look for bearish pattern confirmation at the range 1.5470 – 1.5520 to go SHORT. Note the falling trend line area.
AUD/USD: 0.9925 – 0.9965 {Bearish Bias}
AUD/USD currently is moving in consolidation mode, testing the support at 0.9879. Major trend remains down. Our preference is to look for bearish pattern confirmation at the range 0.9925 – 0.9965 to go SHORT.
