EUR/USD

Fibonacci support at 1.3544 buoyed yesterday and the push above1.3626 resistance firmed the near-term tone. Market now eyeing 1.3691, above which opens 1.3729 first. Key resistance stands 1.3816, 17 Mar high. 1.3595 offers initial resistance, while loss of 1.3544turns the focus lower.

Res: 1.3677, 1.3691, 1.3735, 1.3795
Sup: 1.3595, 1.3565, 1.3544, 1.3520


GBP/USD

Short-term structure from 1.4797 higher low suggests scope for a pullback from the current region. However, failure for any such pullback to push under the 1.5450 region will strengthen the outlook, and above 1.5520 to expose 1.5574 next.

Res: 1.5520, 1.5535, 1.5574, 1.5635
Sup: 1.5454, 1.5430, 1.5400, 1.5375


USD/JPY

Bounceoff 92.56 floor has pushed higher to breach 93.25, trendline off 94.77, 05 Apr high, to reach 93.70 thus far. Above 93.70/78 will now firm further for initial upside to 94.25/77, while 92.82 buoys advance for now.

Res: 93.70, 93.78, 94.25, 94.77
Sup: 92.99, 92.81, 92.56, 92.45


USD/CHF

Continues to drift lower within a broad near-term flat consolidation. Under 1.0500, 14 Apr low, would risk a further push lower to possibly test 1.0433, 01 Apr pivot low. Break above 1.0561/1.0615 now needed to shift focus higher.


Res: 1.0561, 1.0615, 1.0655, 1.0686
Sup: 1.0500, 1.0487, 1.0470, 1.0433