EURUSD, AUDUSD, EURCHF Daily Outlook

Daily Forex Technicals | Written by E-Forex | Jul 22 08 07:03 GMT |

EURUSD Recent climb past the 1.5885/90 initial resistance confirms the uptrend and important resistance at 1.5930/35 is on focus at the time of this writing. A potential break of the 1.5930/35 barrier may encourage a rally towards the 1.6 zone where next important resistance levels are seen at 1.6020 an 1.6050. The upside will remain on focus while intraday support into the 1.5880 region is intact. Stronger support is seen at 1.5840/50. Current quote is 1.5929 @06:40 GMT Support levels: 1.5900, 1.5880, 1.5840/50 and 1.5780. Resistance levels: 1.5930/35, 1.5950 and 1.6020/40. Market sentiment: long-term : bullish, mid-term : bullish, short-term : bullish AUDUSD Interim support at .9740/45 is being tested again at the time of this writing, stronger support being formed around .9725 and into the .9665 region. Resistance starts at .9770 followed by .9790/00 and .9850. Short term studies are bullish while the intraday charts are slightly bearish. A break above .9770 resumes uptrend. Current quote is .9753 @06:40 GMT Support levels: .9740/45 .9705, .9665/75 and .9640/50. Resistance levels: .9770, .9800 and .9850. Market sentiment: long-term : bullish, mid-term : bullish, short-term : bullish EURCHF Important resistance into the 1.6215/25 zone remains intact and a potential break may bring the 1.6300 resistance on focus. Intraday support starts at 1.6165 backed by 1.6110. Short term studies are bullish. Current quote is 1.6204 @06:40 GMT Support levels: 1.6165, 1.6110 and 1.6080. Resistance levels: 1.6215/25, 1.6240 and 1.6300. Market sentiment: long-term : bullish, mid-term : bullish, short-term : bullish E-Forex Legal disclaimer and risk disclosure Past performance does not guarantee similar performance in the future. Our forecasts do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any foreign exchange transaction. E-Forex.ro accepts no responsibility or liability whatsoever for any expense. We do not warrant or guarantee the accuracy, timelines or completeness to the service or informations you find here.