- EUR/USD : Buying interest appears 1.2300/10 ( old resistance level) with stops scattered below , better bids at 1.2245/50 with sell stops below . Topside, offers at 1.2375/80 with buy stops above 1.2400 . Very good selling appears again 1.2445/50 level . Resistance at 1.2400/05, then 1.2445/50. Support 1.2280/85, then 1.2210/15.
- USD/JPY : Exporter offers around 79.50 with stops above , offers again 79.80 through 80.00 with larger stops above . Buyers down at 78.90/00 with stops through 78.70. Resistance at 79.50/55 then 79.75/80. Support 79.05/10, then 78.75/80.
- GBP/USD : Good selling interest 1.5750 with scattered stops above . Resistance 1.5775/80, then 1.5810/15. Support 1.5660/65, then 1.5595/00.
- USD/CHF : Resistance 0.9775/80, then 0.9835/40. Support 0.9680/85, then 0.9645/50.
- USD/CAD : Wide range buy very good buying interest down at 0.9800 and below with scattered stops mixed in . Selling lined up at 0.9900 through 0.9930. Resistance at 0.9890/95, then 0.9915/20. Support 0.9845/50, then 0.9830/35.
- AUD/USD : Good buying interest 1.0460/70 and larger interest at 1.0440/50 . Sellers line up at 1.0525 through to 1.0550, with scattered stops above . Resistance 1.0535/40, then 1.0555/60. Support 1.0480/85, then 1.0450/55.
- NZD/USD : Good selling 0.8130/40 up through 0.8165/70. Buyers 0.8040/50, with stops scattered below. Resistance 0.8130/35, then 0.8155/60. Support 0.8065/70, then 0.8025/30.
I would suspect we are in for an extremely quiet trading session on lack of news and/or interest . Possibility we see Japanese interest in buying EUR/JPY when they get in to give us some market movement . USD/JPY may probe higher levels to sort out where the stops/offers are . AUD/USD continues to consolidate in a narrow trading range around this 1.0500 level . Get a good book and a bottle of wine and sit back and enjoy or just throw the book away.
