Forecast EUR/USD for Friday 29 April 2015
Support 1: 1.0897
Support 2: 1.0813
Resistance 1: 1.1028
Resistance 2: 1.1075
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1005 or 1.1028 if support around 1.0944 hold. After which a pullback to 1.0944 - 1.0921 zone is possible.
Forecast USD/JPY for Friday 29 April 2015
Support 1: 118.70
Support 2: 118.53
Resistance 1: 119.12
Resistance 2: 119.37
Decline should be supported around 118.28 zone for rally to above 119.12. A clear break of 118.28 will damage this expected rally.
Forecast for GBP/USD Friday 29 April 2015
Support 1: 1.5230
Support 2: 1.5120
Resistance 1: 1.5396
Resistance 2: 1.5453
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5355 or 1.5396 if support around 1.5286 hold. After which a pullback to 1.5286 - 1.5258 zone is possible.
Forecast USD/CHF for Friday 29 April 2015
Support 1: 0.9505
Support 2: 0.9458
Resistance 1: 0.9600
Resistance 2: 0.9647
Current upmove should be ended around 0.9576 - 0.9600. Any correction consolidation should find support in 0.9529 - 0.9505 zone.
Support 1: 1.0897
Support 2: 1.0813
Resistance 1: 1.1028
Resistance 2: 1.1075
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1005 or 1.1028 if support around 1.0944 hold. After which a pullback to 1.0944 - 1.0921 zone is possible.
Forecast USD/JPY for Friday 29 April 2015
Support 1: 118.70
Support 2: 118.53
Resistance 1: 119.12
Resistance 2: 119.37
Decline should be supported around 118.28 zone for rally to above 119.12. A clear break of 118.28 will damage this expected rally.
Forecast for GBP/USD Friday 29 April 2015
Support 1: 1.5230
Support 2: 1.5120
Resistance 1: 1.5396
Resistance 2: 1.5453
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5355 or 1.5396 if support around 1.5286 hold. After which a pullback to 1.5286 - 1.5258 zone is possible.
Forecast USD/CHF for Friday 29 April 2015
Support 1: 0.9505
Support 2: 0.9458
Resistance 1: 0.9600
Resistance 2: 0.9647
Current upmove should be ended around 0.9576 - 0.9600. Any correction consolidation should find support in 0.9529 - 0.9505 zone.