FX Daily Majors

Today’s highlights:

* USDJPY stay bullish for 102.36/53 next, ahead of testing the year’s high at 103.10/74.
* EURJPY is at risk of a near-term corrective setback, but the medium-term trend stays higher.
* AUDUSD ideally holds below “neckline” resistance at .9264/69 to keep the trend directly lower to .9077/33 next.
* NZDUSD below .8133/24 would reinforce a “head & shoulders” top.
* USDCAD’s trend stays higher to test the year’s high at 1.0616.
* GBPUSD focus remains on the 1.6258/62 highs.
* EURGBP’s bounce is seen as corrective, and we stay bearish for a test of key support at .8300/.8285.

Read the full report: FX Daily

 

Credit Suisse