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[WindsorBrokers]

EUR/USD

The pair steadies at 1.3450 zone after corrective pullback of yesterday’s sharp rally that peaked above 1.3500 barrier, found footstep within our support zone at 1.3440/00. Positive tone on 4H chart keeps hopes of fresh push higher, with clearance of 1.3532, yesterday’s high / over Fib 50% of 1.3810.1.3211 downleg, to expose the next strong resistances at 1.3600 zone, Fib 61.8% at 1.3605 / 1.3614, 18 Nov high and signal near-term base. On the downside, 1.3400, key near-term support, is expected to hold, to keep bulls in play.

Res: 1.3472, 1.3500, 1.3532, 1.3567
Sup: 1.3420, 1.3400, 1.3370, 1.3360





GBP/USD

Yesterday’s surge through key barrier at 1.5690/1.5700 zone suggests the pair is attempting to base, as gains extended to 1.5777, over Fib 76.4% of 1.5887/1.5422 decline and turned near-term focus higher. Corrective reversal on overbought conditions steadies above our initial support at 1.5655 for now, near Fib 38.2% of 1.5422/1.5777 ascend, with focus at 1.5800, above which to open next barrier at 1.5880 zone, 18 Nov high / 03 Nov low. Only loss of 1.5600 handle would sideline near-term bulls and turn focus lower.

Res: 1.5716, 1.5777, 1.5800, 1.5875
Sup: 1.5672, 1.5655, 1.5600, 1.5580





USD/JPY

Corrective action from 77.28, yesterday’s low, where sharp decline found support, remains capped by 20 day SMA at 77.80 for now. While below the latter, near-term focus remains on the downside, with the fifth wave on pullback from 78.27 high, to possibly test 77.00 zone. Break above 77.80/78.00, however, would improve the outlook and re-focus recent highs at 78.14/27.

Res: 77.80, 78.00, 78.14, 78.27
Sup: 77.50, 77.28, 77.00, 76.80





USD/CHF

Remains in near-term downtrend from 0.9328 high, as yesterday’s sharp fall through key supports at 0.9100/0.9080, extended loses to 0.9064 so far. Corrective bounce found strong resistance at 0.9150, previous support, with negative near-term studies keeping the downside favored, risk of forming double top pattern is rising. Below 0.9064 to focus 0.9000 initially, while only regain of 0.9200 barrier would improve near-term tone.

Res: 0.9137, 0.9152, 0.9173, 0.9180
Sup: 0.9100, 0.9064, 0.9000, 0.8950

[WindsorBrokers]

EUR/USD

Remains under pressure, as recovery attempt from today’s low at 1.3332, was capped at 1.3426, initial resistance zone. Fresh weakness is testing previous support at 1.3360, with 1.3332/29, day’s low / main short-term bull trendline in focus, as the hourly structure is losing momentum. The near-term price action is limited within the asymmetric triangle, with the upper boundary at 1.3430, limiting the upside for now.

Res: 1.3384, 1.3400, 1.3420, 1.3487
Sup: 1.3360, 1.3330, 1.3300, 1.3273





GBP/USD

The near-term bias remains skewed to the downside while broken bull trendline off 1.5422 low caps corrective attempts. Hourly studies are below their midlines, suggesting further extension of the short-term reversal from 1.5777, 30 Nov high. Initial support zone at 1.5600/1.5575, holds for now, however, weakening 4H conditions see scope for break lower to expose next array of supports at 1.5557, Fibonacci 61.8% and 1.5525/00. Today’s high at 1.5663 and bear trendline at 1.5687, keep the upside capped for now.

Res: 1.5641, 1.5663, 1.5700, 1.5714
Sup: 1.5586, 1.5576, 1.5558, 1.5525





USD/JPY

Moves in a narrow range after dip to 77.62, day’s low, tested main bull trendline of 76.56, with mild recovery so far unable to regain momentum. While below 78.00 barrier, weak tone is expected to persist, with potential break below trendline support and Fibonacci 50% level at 77.60, to trigger further weakness and expose 77.28, possibly 77.00 on a break. Only clear break above 78.00 would improve near-term structure and re-focus recent highs at 78.27/44.

Res: 77.85, 78.00, 78.14, 78.27
Sup: 77.62, 77.50, 77.28, 77.00





USD/CHF

Today’s corrective dip off day’s fresh high at 0.9294, was contained by hourly 20 day SMA at levels just above our initial support at 0.9200. Fresh gains are en-route to 0.9300 barrier, above which to look for retest of 0.9313/28 peaks and resume broader uptrend. Near-term studies remain supportive and only loss of strong support at 0.9200, also bull trendline off 0.9069 double bottom, would weaken near-term structure.

Res: 0.9285, 0.9294, 0.9300, 0.9313
Sup: 0.9242, 0.9215, 0.9200, 0.9164

[WindsorBrokers]

EUR/USD

Recovery attempt from 1.3332, yesterday’s low, stalled at 1.3454, en-route to 1.3485, with subsequent reversal accelerating decline on pessimistic news from Germany. The pair has so far erased over 76.4% of 1.3332/1.3454 rally, losing 1.3360 support, the last barrier before retest of 1.3332, near Fib 61.8% of 1.3211/1.3547 upleg, also triangle support. Break here to confirm lower top and extend near-term downtrend off 1.5777 high. Hourly studies favor further weakness, with figure support at 1.3300 to come on break below 1.3332. On the upside, 20 day SMA, now pointing lower, maintains the weakness, while 1.3443/54, bear-trendline / day’s high, cap for now.

Res: 1.3400, 1.3426, 1.3453, 1.3485
Sup: 1.3332, 1.3300, 1.3273, 1.3258





GBP/USD

Maintains near-term positive tone off 1.5560, yesterday’s low, as the pair breaks through 1.5640 congestion, to probe above bear-trendline off 1.5777 high. While downside remains protected at 1.5600 zone, today’s lows / triangle support, scope exists for fresh extension through trendline resistance and possible test of 1.5715/25, 05/02 Dec highs, as near-term studies are emerging out of the negative territory. Regain of levels above 1.5700 mark, would signal higher low at 1.5560, with regain 1.5777, required to confirm. On the downside, loss of 1.5600/1.5575, support band, would be bearish.

Res: 1.5669, 1.5700, 1.5715, 1.5725
Sup: 1.5640, 1.5600, 1.5576, 1.5560





USD/JPY

Near-term price action gets entrenched in a narrow range, moving in directionless mode. While 77.60/50 supports stay intact, there are hopes of fresh attempt towards 78.00/10, bear-trendline / 05 Dec high, as fresh momentum emerges on hourly chart. Clearance of initial barriers at 77.80, range ceiling / 20 day SMA, is required to open way for test of 78.00 zone. Loss of 77.50, Fibonacci support, however, would signal and extension of bear-leg from 78.10.

Res: 77.85, 78.00, 78.14, 78.27
Sup: 77.61, 77.50, 77.28, 77.00





USD/CHF

The near-term price action shows the pair well bid but hesitating under initial barrier at 0.9300, as repeated attempts higher failed at 0.9294/86. Hourly studies are above their midlines, keeping the near-term focus at 0.9300 and key barriers at 0.9313/28, with 0.9235/00 support band, expected to hold and keep immediate bulls intact.

Res: 0.9286, 0.9294, 0.9300, 0.9313
Sup: 0.9235, 0.9225, 0.9215, 0.9200

[WindsorBrokers]

EUR/USD

Bears remain firmly in play after the pair broke below 1.3300/1.3280, strong  support zone, accelerating losses below channel support at 1.3250. Break below 1.3200, weekly Head and Shoulders neckline has so far reached 1.3160 low, just ahead of strong support at 1.3145, 04 Oct low. Corrective / consolidative phase is under way, as near-term studies are overstretched, however, upside is seen limited at 1.3280/1.3300 zone, also 20 day SMA on 4H chart, as negative sentiment continues to dominate.  On the downside, loss of critical support at 1.3145 would open fresh bear-phase and expose 1.3000 zone next.

Res: 1.3250, 1.3280, 1.3290, 1.3300
Sup: 1.3182, 1.3160, 1.3145, 1.3100





GBP/USD

Returns back to two-week range after yesterday’s brief break below 1.5560 range floor, found support at 1.5536. Regain of 1.5600 handle sees potential for further extension and possible test of next barrier at 1.5660 zone, as hourly conditions are improving. However, broader picture’s bearish tone remains in play as long as 1.5750/70, daily 55 day SMA and range ceiling caps the upside. Immediate supports at 1.5570, day’s low and 1.5560, Fib 61.8% of 1.5422/1.5770 ascend need to hold, otherwise, fresh weakness towards 1.5536/25 and 1.5500, would be the likely near-term scenario, with key short-term support at 1.5422 to come in focus on a break below 1.5500 figure support.

Res: 1.5623, 1.5656, 1.5664, 1.5700
Sup: 1.5597, 1.5571, 1.5560, 1.5536





USD/JPY

The pair consolidates the recent gains from 77.50 support that broke through trendline resistance and briefly tested 78.00 barrier. Holding above 77.80, range floor and broken bear-trendline off 78.27 high, would keep near-term focus higher, with clearance of 78.00 required to open next static resistances at 78.27/44. Near-term studies are still supportive, with 20 day SMA, currently at 77.70, underpinning the action. Loss of 77.80/70, however, would sour the near-term tone and re-expose initial support at 77.50.

Res: 78.00, 78.10, 78.27, 78.44
Sup: 77.80, 77.70, 77.57, 77.48





USD/CHF

Yesterday’s strong rally that cleared key obstacles at 0.9300 and 0.9313/27, ended short-term corrective phase from 0.9328, 25 Nov previous high and opened fresh leg higher, extending the broader uptrend from 0.7067, 09 Aug record low. The pair so far tested levels just under 0.9400 barrier, with shallow correction contained by 20 day SMA at 0.9350, for now. Studies on 4H chart are positive, but oversold conditions see risk of deeper correction, before fresh rally. Firm break above 0.9400 to open way for test of psychological barrier at 0.9500. On the downside, potential loss of  0.9350 support would test previous resistance at 0.9328, however, dips need to hold above 0.9300 mark, also Fib 38.2% of 0.9180/0.9386 ascend, to keep immediate bulls intact.


Res: 0.9386, 0.9400, 0.9450, 0.9500
Sup: 0.9360, 0.9350, 0.9328, 0.9300