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

EURUSD
Permanent drop below 1,4650 will lead to the test of 1,4540 and 1,4490 later on. If the rate manages to break 1,4700 it will climb to 1,4770 where the next resistance is placed. In case 1,4770 is broken the way to recent highs 1,4880 will be open.

GBPUSD
The pair is staying in wide range 1,8470-1,8640. Upside rebound is expected to reach 1,8740.

USDCHF
Breach of 1,0890 would stand for a rise to 1,0950 and 1,0990 later on. If the rate bounces off this resistance line falls to 1,0830/1,0810 are expected.

USDJPY
Unless the level of 106,10 is broken, falls to 105,40 and later 104,70 are expected. Otherwise we should witness gains to 107,00.

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