This Signal design just for currency GBP/US, EU,CHF

Great British Pound(GBP)

The British pound moved towards the upside to hit the key resistance level at 2.0215, then dropped down again to the opening level, this move reflected by the low momentum since the pound got in an overbought area. Today the pound might drop down slightly to cover some of the bullish move.

The trading range for today might be between the key resistance level at 2.0250 and the key support level at 2.0100. The general trend is up as far as 1.9475 and 1.9360 remains intact targets now at 2.0100 and 2.0240

Recommendation : We expect selling sterling below 2.0185 with a target at 2.0100, stop loss above 2.0250

(EURO)

The European currency was a bit neutral yesterday since it lacked momentum by which the euro consolidated at top of the bullish wave that the euro formed last week. Meantime the euro still finds tendency towards the upside.

The trading range for today might be between the key resistance level at 1.3660 and the key support level at 1.3580. The general trend is up as far as 1.3235 remains intact targets now at 1.3700 and 1.3840

SWISS Frank(CHF)

Since the dollar against the SWISS Frank moved towards the upside slightly to progress the projection move that it preferred to make from the bottom at 1.2100 support level. The upcoming move might be towards the upside too.

The trading range for today will be between the key resistance at 1.2200 and the key support at 1.2130. The general trend is down as far as 1.2540 remains intact, targets at 1.1875 and 1.1665.

Recommendation : We expect buying USD/CHF above 1.2150 with a target at 1.2200, stop loss below 1.2100.