Windsor Brokers Ltd

EURUSD
Advanced from 1.4441, 07 Feb low, to reach 1.4757 high on19 Feb, also 61.8% retrace of 1.4953/1.4441 downleg, ahead of reversal. Sharp decline reached 1.4615, just above 1.4611, 18 Feb higher low, before fresh bulls emerged, retesting 1.4757. This so far capped, with pullback to 1.4703 seen before fresh attempt higher. Current clearance of 1.4757/59 resistance expected to resume rally towards 1.4788, the 1.4843. Downside, 1.4730/03 offers initial support.

Res: 1.4786, 1.4800, 1.4843, 1.4855
Sup: 1.4703, 1.4673, 1.4650, 1.4642

GBPUSD
Decline from 1.9737, 14 Feb lower top, has fully retraced 1.9386/1.9737 upleg, extending losses to 1.9361 on 20 Feb, ahead of fresh rally. Clearance of 1.9534/43 and 1.9565 resistance zone, reached to 1.9596 so far, with possible stretch towards 1.9636/58 possible before leaving a lower top, for fresh weakness. Only break of the latter will keep bulls in play for 1.9737 retest, break of which will confirm the bottom.

Res: 1.9596, 1.9623, 1.9636, 1.9658
Sup: 1.9543, 1.9500, 1.9480, 1.9448

USDJPY
Recovered steadily from 105.00 low with 108.60 high reached so far. Dips from there reached 107.66/21 lows, with upside attempts being capped by 108.32/36 area. Failure to break higher has triggered fresh weakness, breaking below 108.00/107.67 support zone, to attempt at 107.47, possibly 107.21, 19 Feb higher low, also trendline support. Loss of the latter will further weaken the outlook and expose 106.98/81 next.

Res: 107.80, 107.89, 108.32, 108.60
Sup: 107.21, 107.00, 106.81, 106.65

USDCHF
Recovery off 1.0728 low peaked at 1.1106 on 13 Feb, ahead of reversal to 1.0884. Upside attempts from there were so far capped by 1.1044/32, where fresh weakness started. Downside break of 1.0978/61 supports has seen extension to 1.0940 thus far, with bears looking for further extension towards 1.0909, possibly 1.0884.

Res: 1.0961, 1.0992, 1.1011, 1.1032
Sup: 1.0909, 1.0884, 1.0860, 1.0830