Windsor Brokers Ltd

EURUSD
Bounce off 1.5342, 24 Mar low, has nearly fully retraced 1.5902/1.5342 correction, peaking at 1.5896 on 31 Mar, before fresh weakness to 1.5534. This now confirms short-term top and opens way for further reversal towards 1.5470/56, with possible extension to 1.5406. Upside attempts, however, are seen corrective and lower top at 1.5725/90 zone seen before fresh decline.
Res: 1.5674, 1.5685, 1.5707, 1.5730
Sup: 1.5575, 1.5534, 1.5470, 1.5456

GBPUSD
Corrected higher from 1.9734, 20 Mar low, to reach 2.0190 on 27 Mar, retracing over 618% of the previous 2.0396/1.9734 decline, ahead of reversal. Loss of 1.9944/24 and 1.9880 supports confirmed lower top, with losses attempting at 1.9720/34, neckline of the head and shoulders pattern of the past five weeks. 1.9728 being reached so far, though, no signs of lasting low and break below 1.9720 for extension towards 1.9642/14 is not ruled out. Upside 1.9985 offers strong resistance.
Res: 1.9842, 1.9854, 1.9885, 1.9931
Sup: 1.9787, 1.9746, 1.9728, 1.9707

USDJPY
Extended decline from108.62, 14 Feb lower top to reach 95.72 low on 17 Mar. The lower rejection there triggered recovery to 101.04, and a bull flag developed. This was completed on a break above 100.00/39 Further gains cleared 101.04, completing 2 week base that initiated rally through 102.13, 50% retracement of 108.60/95.72 decline, to expose 103.66, that marks, 61.8% retracement. Downside, 101.50 offers initial support.
Res: 102.65, 102.94, 103.24, 103.57
Sup: 101.70, 101.50, 101.04, 100.67

USDCHF
Reversal from 1.0250, 24 Mar high, reached 0.9870, retracing over 61.8% of the 0.9635/1.0250 rally, ahead of fresh push higher. Clearance of 0.9993/95; 1.0038/50 and 1.0095/1.0112 resistances has so far seen 1.0163 high, interrupted by dip to 1.0084.This sees scope for fresh gains towards 1.0196/1.0221, with possible retest of 1.0250 on a break.
Res: 1.0163, 1.0198, 1.0221, 1.0250
Sup: 1.0112, 1.0095, 1.0084, 1.0060