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

EURUSD
Range of trading is seen between  1,2890 – 1,2730.

USDCHF
We expect current falls to reach 1,6000 what should be followed by a rise leading towards 1,1720 or even 1,1800. Drop below 1,1540 will cancel our scenario.

GBPUSD
Increases to 1,6370 should be used to open short positions. We expect falls to 1,6170. After rebound this level next target 1,5950.

USDJPY
Growths towards 98,70 should be used to open short positions with destination target 97,30.   Rebound this level  will mean a dynamic drop even to 96,20.

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