14th Aug - 03.35 GMT.

03.35 GMT.EUR: 1.3615. EUR’s short term downside may be limited to 1.3580/70, after which recovery to 1.3705/20 is anticipated.

 

USDCHF: 1.2034. Dollar should find support above 1.2000/1.1985 in the short term for gains to 1.2105/20.

 

USDJPY: 118.02. No change. Dollar should trade in broad range of 117.25 – 119.40 for some time. Break below 117.15 will impart more weakness for test of 116.45/30 or 115.90. EURJPY: 160.58. Weakness has again set in increasing the chances of declines towards 159.60/45. Resistance is at 161.55.

 

GBPUSD: 2.0115. Cable’s break below 2.0140 is bearish for declines to 2.0060/40 in the short term. Resistance is at 2.0195. After this drop, recovery to 2.0265/80 is expected.

 

AUDUSD: .8393. AUD should be subject further sell off towards .8340/25 or .8270 while .8500 contains it corrective advances.

 

 Have A Nice Day.