Good morning. With great pleasure we would like to present our currency market info for today.

EURUSD
Right now the pair is consolidating after recent rapid falls and is heading towards 1,3980. In case the upwards pressure maintains on the market rise to 1,4030 and even 1,4090 is possible. Afterwards we expect falls will return and may bring the rate as low as 1,3800/1,3740. Only jump above 1,4125 will cancel this scenario and indicate march towards 1,4330.

GBPUSD
As mentioned yesterday the pair managed to hold above 1,5800 and right now is heading upwards. Range of the current movement we assess even for 1,6230 or even 1,6330. Right now only fall below 1,5920 is able to cancel this scenario, but unless it is broken it seems favourable to go long.

USDCHF
Return to 1,0950 would be a good moment to open short positions. Expected drop to 1,0880 and 1,0790 later on.

USDJPY
Trading range  97,70-99,70.

EURJPY
In case of a fall to 135,10 we suggest opening long positions with destination target set at 136,30. Fall below 134,50 will invalidate this trade idea.

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