Updated views on EUROS, YEN, POUNDS and AUD

Intra-day Views on the above four  currencies  are listed below:-

1.0) Euros

The Euro/Usd was capped at 1.3000  and is awaiting to retrace down to the possible 1.2500 support level shortly.    However,  the immediate resistance at 1.3000  has not been breached convincingly . A  breaking  of the level near 1.3000-1.3050  may result in reaching  1.3250 which may be the last residual waves limit..  A bearish downturn can only be confirmed once the LOWER  trend line is being convincingly broken  into as indicated in the above chart.




2) YEN

85.00 is the important psychological support for USD/JPY. Failure to stop the slide may send the currency pair towards the 80.00 level which is the 1995 Low. It is not likely that the upper trend line can be breached near term. The downward momentum is very strong basing on the current trend.





3) UK Pound

The  Gbp/ Usd  is now sitting on the lower trend line, with bearish divergence on both RSI/STOCH/MACD , we may expect GBP/USD to test for retracement near 1.4800 soon.   Breaking this support may expose 1.4200 as indicated from the above chart.






4) AUD

AUD/USD  has breached the upper trend line  0.8850 yesterday, registering a high of 0.8950, and next target at 0.9400 is possible near term , as Bullish divergence are confirming  its uptrend.. Any reversal below the rising trend line will signal bearishness.