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

EURUSD
The pair is seen trading in range 1,2820-1,2900.  Rise above the upper limit will bring the rate to 1,2970 area. Drop below 1,2820 is expected to reach 1,2710/20 and in case the latter level is broken the way to 1,2530 will be open.

GBPUSD
Wide range of trading 1,5880-1,5520. Drop below 1,5520 should reach 1,5410.

USDJPY
Is oscillating between 99,30-98,70. Rise to 99,90 is expected.

USDCHF
Movements between 1,1720-1,1790. Possible rebound above 1,1790 will stand for an attack at 1,1860.

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