EUR/USD -- Consolidation risks heighten following
confirmation of negative RSI divergence
* 3rd resistance: 1.1616, May 3 2016 high
* 2nd resistance: 1.1529, May 4 2016 high
* 1st resistance: 1.1489, July 12 high
* Spot: 1.1398
* 1st support: 1.1382, July 10 low
* 2nd support: 1.1313-09, July 5 low, 21-DMA
* 3rd support: 1.1292, June 28 low
GBP/USD -- Bullish ‘flag’ pattern completes on any close
today above ~1.2922; projection techniques point to 1.3350
* 3rd resistance: 1.3048, May 18 high
* 2nd resistance: 1.3030, June 30 high
* 1st resistance: 1.2984, July 6 high
* Spot: 1.2927
* 1st support: 1.2881, Asia low
* 2nd support: 1.2810, ichimoku baseline, pivot s1
* 3rd support: 1.2794, June 28 low
USD/CHF -- Bears retain full control after holding market
below prior swing level (0.9688)
* 3rd resistance: 0.9696, July 11 high
* 2nd resistance: 0.9676, pivot r1
* 1st resistance: 0.9662, July 12 high
* Spot: 0.9650
* 1st support: 0.9598, June 30 high
* 2nd support: 0.9570, July 3 low
* 3rd support: 0.9556-53, 200-week MA, June 30 low
USD/JPY -- May gravitate toward 21-DMA at 112.43
* 3rd resistance: 113.97, July 12 high
* 2nd resistance: 113.72, July 11 low
* 1st resistance: 113.53 Asia high
* Spot: 113.03
* 1st support: 112.89-83, July 6, 5 lows
* 2nd support: 112.60, June 30 high
* 3rd support: 112.43-33, 21-DMA, 38.2% Fibonacci of June
14-July 11 rise
Bloomberg Pro Terminal
Trader Velizar Mitov
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