Windsor Brokers Ltd

EURUSD
09:00 (GMT+3) Remains in a tailspin from 1.6040 15 Jul 2008 all-time high where losses have accelerated below 1.4971 61.8% retrace of 1.4310/1.6040 rally. Last Friday's spiral below 200-day MA now at 1.5228 signals medium-term bearishness while near-term outlook is dampened by hourly RSI negative reversal, which hints falling 24-hour MA now at 1.5025 may cap for extension towards 1.4915/1.4863.
Res: 1.4997, 1.5018, 1.5032, 1.5070
Sup: 1.4915, 1.4892, 1.4863, 1.4845

USDJPY
09:00 (GMT+3) Retraced over 50% of June 07/March 08's 124.14-95.77 downtrend at 109.95 and pushed to 110.40 early today. Latest recoil may revisit last Thursday/Friday's 109.13/30 lows, whereupon a break would fuel deeper retreat towards previous pivot highs at 108.59/42 16/25 Jun. However, only sustained weakness below 108.22 06 Aug low defers uptrend extension towards 111.00/30.
Res: 110.40, 110.48, 111.00, 111.30
Sup: 109.30, 109.13, 108.90, 108.59

GBPUSD
09:00 (GMT+3) Probed descending 60-hour MA on last Thursday's upswing to 1.9538 high before beating a hasty retreat which resulted in a spiral below 1.9337 22 Jan low to a new yearly lows at 1.9110 early today. 24/60-hour MAs now at 1.9195/ 1.9342 shall weigh on 1.9105 61.8% retrace of 1.7047-2.1162 uptrend, where sustained weakness risks 1.9051/85. Meanwhile, 1.9225/70 shall curb bounce.
Res: 1.9225, 1.9257, 1.9270, 1.9311
Sup: 1.9125, 1.9110, 1.9085, 1.9068

USDCHF
09:00 (GMT+3) Rallied off 1.0011, 15 July low, to break a key med-term trend-line that connects the May/Jun peaks. This has extended the up move to breach 1.0625, 08 May high/pivot, to focus 1.0845, 61.8% retracement of 1.1598/0.9630 decline. Channel resistance then lies at 1.1880. MA and momentum support the bull structure and today's intraday base at 1.0655 should now underpin the advance.
Res: 1.0874, 1.0886, 1.0930, 1.0963
Sup: 1.0782, 1.0764, 1.0747, 1.0711