Good morning. We would like to present our foreign exchange market forecasts for today.

EURUSD
The pair is expected to fall as low as 1,4450 what should be followed by a rise to 1,4660/1,4690. Only drop below 1,4400 will cancel this scenario.

GBPUSD
The rate will oscillate in range 1,8240-1,8420.

USDJPY
Rise to 106,90/107,10 should be used to open short positions with take profit order set at 106,00/105,50.

USDCHF
The rate is heading towards 1,1060 and afterwards it is expected to fall to 1,0990 or even 1,0910. Rebound above 1,1130 will cancel this scenario.

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