Windsor Brokers Ltd

EUR/USD
Rolls lower out of past 2-day consolidation to extend decline from 1.6040 record high. Further decline below 1.4761 Fib 76.4% retrace of 1.4365/ 1.6040 rise risk extension towards 1.4702 21 Feb low next although positive hourly divergences may otherwise suggest basing ahead. Regaining 1.4952 high and Wednesday's 1.4980 to firm.
Res: 1.4826, 1.4840, 1.4870, 1.4907
Sup: 1.4750, 1.4702, 1.4642, 1.4611

USD/JPY
Firming off Wednesday's decline at 108.35 to retrace the drop from congestive tops at 110.40 11 Aug region. Headway now above the latter may see acceleration towards 111.0 ahead of equality projection at 111.65/70 as hourly structure off 109.03 low may reflect pent-up bull. Weekly cycle low however may otherwise suggest stalling to risk next minor down-leg instead.
Res: 110.40, 111.00, 111.30, 111.69
Sup: 109.54, 109.33, 109.03, 108.55

GBP/USD
Remains dominated by downtrend from 2.0162 15 Jul reaction high which extended to a near 2-year low at 1.8619, followed by a bounce to 1.8788 Thursday. Oversold recovery remains dubious until price action above 60-hour/5-day MAs now at 1.8763/1.8825 is seen. However, placement of the 1.8619 low at the exact 61.8% retrace level of 1.7047/2.1162 rally may avert test of 1.8582/74.
Res: 1.8788, 1.8735, 1.8770, 1.8788
Sup: 1.8639, 1.8614, 1.8582, 1.8574

USD/CHF
Firming to breach Tuesday/Wednesday's tops at 1.0930/27 to extend current upswing from 1.0011 15 Jul low. Further rise is set at 1.1005/10 equality projection next ahead of minor congestive lower tops at 1.1048 11/18 Feb although negative hourly divergences warn stalling risk ahead. A relapse below Tuesday's 1.0825 low weakens.
Res: 1.1008, 1.1034, 1.1048, 1.1098
Sup: 1.0922, 1.0895, 1.0874, 1.0825