Windsor Brokers Ltd

EURUSD
Thrust from 1.4778, yesterday’s correction low has cleared 1.4953/69, 2008/2007 yearly highs and psychological 1.5000 level, to post new high at 1.5051 today. Short consolidation followed, ahead of fresh push higher to post new historical high at 1.5088.
Shallow pullback to 1.5018 preceded current rally, clearing 1.5088, to expose 1.5100 then 1.5150 projection. Hourly studies are supportive but extremely overbought, suggesting corrective pullback. 1.5018/1.4985 offer initial support, ahead of 1.4969/53, former resistances, now reverted to support.
Res: 1.5100, 1.5150, 1.5200, 1.5250
Sup: 1.5018, 1.4985, 1.4969, 1.4953

GBPUSD
Rally from 1.9361 has fully retraced 1.9939/1.9361 decline, with today’s spike to 1.9370 high. Immediate pullback reached 1.9825, ahead of fresh push higher. If the latter confirmed as higher low, scope is seen for retest of 1.9970, break of which will open 2.0000/20, possibly 2.0101 on a break. Upside rejection under 1.9970 may signal stronger correction, while possible loss of 1.9825 delays bulls.
Res: 1.9939, 1.9970, 2.0000, 2.0020
Sup: 1.9825, 1.9805, 1.9752, 1.9737

USDJPY
Continues to trend lower, following an earlier rejection at 108.60. Succession of lower tops at 108.32 and 107.60, keeps the short-term bears in play, with today’s break below 106.73, previous low, triggering fresh extension to 105.96 so far. Oversold hourly studies see scope for correction higher, though 106.73/107.10 area expected to cap, ahead of renewed weakness. Only reclaim of 107.40 would provide relief.
Res: 106.58, 106.73, 107.00, 107.40
Sup: 105.96, 105.71, 105.24, 105.00

USDCHF
Continues to descend after gains from 1.0728, all-time low were capped by 1.1106 on 13 Feb, with the latter being cleared today, to post a fresh all time low at 1.0633. This now signals further decline, with series of projections at 1.0590, 1.0545 and 1.0500 now focused. Oversold hourlies warn of correction higher, though 1.0750/63 expected to cap.
Res: 1.0700, 1.0730, 1.0750, 1.0763
Sup: 1.0590, 1.0545, 1.0500, 1.0400