Good morning. Herewith we would like to present our forecasts on the currency market situation for today.

EURUSD
Morning gains to 1,3490/1,3500 should be used to open short positions, expected drops may reach 1,3390 or even 1,3200. Rebound above 1,3570 will cancel this scenario and will lead to 1,3680 area.

USDCHF
We recommend opening long positions at 1,1320/30 with destination targets 1,1440 and 1,1520 later on. Fall below 1,1240 will cancel our scenario and will lead to 1,1120 region.

USDJPY
From the area of 101,60/70 drops towards 100,90 or even 100,10 are expected. Rise above 102,40 will delay this scenario.

GBPUSD
Rise to 1,7370/80 should be used to open short positions with take profit order at 1,7020/00. Rebound above 1,7450 will stand for gains towards 1,7600/1,7680.

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