EUR/USD
Another quick upmove brought the pair to 1.2960 right now in European morning trading, after some down correction in the Asian trading hours. We expect the bidding to be more or less intact today, especially from a 1.2930 intermediate down correction mark being reached. Levels slightly above 1.3000 are possible.
GBP/USD
Cable is consolidating its down levels reached yesterday in European morning trading, with not much up stimulus. The market is now exactly at 1.5305. We see more of an upside momentum developing today, towards the 1.5425 mark.
USD/CHF
On the selling side in early European trading, the dollar found some support now and is currently at 1.0519 against the Swiss franc. A sideways trend for today seems to be in development, where we reckon with an upside at 1.0540 and a downside at 1.0440.
USD/JPY
Strengthenig against the yen in the European morning hours, the dollar is currently trading at 86.90. We expect more bidding for today, resulting in a market around 87.45.
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