Windsor Brokers Ltd

EURUSD
Sees support near 10 day MA and Tuesday’s setback at 1.3736 following retreat from Monday’s shooting star candle high at 1.3840. Further correction seeks a swing low above 1.3700/1.3695, 61.8% of 1.3609/1.3840 upleg, and last Friday’s low at 1.3684 before bulls reassert. Losing 1.3684 however shifts focus back towards the downside to extend current ranging.

Res: 1.3780, 1.3816, 1.3840, 1.3853
Sup: 1.3736, 1.3728, 1.3708, 1.3684

GBPUSD
Reverses from a potential lower high at 2.0463 ,06 August, while extending the decline from 2.0656 peak ,24 Jul. Loss there will expose former top at 2.0134 ,18 April, approx 50% of 1.9623/2.0656 upleg, and scope towards 2.0056 ,06 Jul low, and 2.0010 ,61.8% retrace. Recovery seen now for a lower top below 2.0338 high.

Res: 2.0257, 2.0280, 2.0300, 2.0342
Sup: 2.0183, 2.0161, 2.0142, 2.0121

USDJPY
Probes 10 day MA near Monday’s high at 119.10 following strong upswing from Tuesday’s potential higher low at 117.97. Hourly overbought conditions risk initial setback for a higher low off the latter before next upleg to current bear ceiling at 119.50 and 119.65/70 ,38.2% of 123.67/117.19 fall,. Clearance there signals a base to firm 120.45/50, 50% retrace, and 120.75.

Res: 119.10, 119.38, 119.50, 119.80
Sup: 118.60, 118.35, 117.95, 117.60

USDCHF
Retracing downleg from 1.2085 lower high, 02 August, following recovery from Monday’s lower rejection of 1.1880 low ,05 December 06, via a daily hammer candle. Recovery thus far falters at 1.1975 ,01 August low, approx 61.8% of 1.2085/ 1.1815 downleg, while a swing top is sought towards 10 day MA near 1.2000 before pulling back. Reversal below 1.1909/1.1895 weakens to expose 1.1815.

Res: 1.1986, 1.2005, 1.2024, 1.2066
Sup: 1.1909, 1.1895, 1.1880, 1.1838