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EURUSD Forecast
The EURUSD attempted to push higher yesterday, topped at 1.3201 but whipsawed to the downside, bottomed at 1.3073, closed at 1.3090 and corrected a little bit higher hit 1.3142 earlier today in Asian session. Overall we are still in downside bias, but as you can see on my h4 chart below, the trend line support still hold so far. We need a clear break below the trend line support and 1.3060 support area to continue the bearish scenario targeting 1.2968 – 1.2920 this week. Immediate resistance at 1.3170 followed by 1.3250.



GBPUSD Forecast
The GBPUSD continued its bearish pressure yesterday, slipped below the triangle as you can see on my ...

USDCHF is again at the 0.9560 support area and likely to go higher from here.

As you can in the figure above price hardly struggled to break this area before and no success! Now I expect another short uptrend move to 0.9700 area.
Stops would be at 0.9540 and if a candle closed at this price then I highly recommend to go short for another retest of 0.9461, the previous low.

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[B]Crude Oil Inventories & MPC Meeting Minutes are only some of the highlights on today’s outlook .Let’s see what awaits us today.[/B]
In the US, Existing Home Sales, residential buildings that were sold during the previous month, excluding new construction; is about to rise by 0.29M. sale of a home triggers a wide-reaching ripple effect.
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