Euro (1.3598) is unstably trying the help zone of 1.3590-70 for the last 6-7 sessions, holding up for the following ECB step. A breakout of the reach of 1.3570-1.3650 may focus the fleeting course even while the real pattern stays down.
Dollar-Yen (102.56) is taking a stop in the wake of arriving at our beginning focus of 102.75 and now may achieve even 103.00-50. The Euro-Yen (139.45) has officially pulled back from 140 of course. The fall would be deeper on a break beneath 139.30-139.00.
Pound (1.6746) is stuck in the little run of 1.6690-1.6790 for a week now. This reach may be broken today and a dip to 1.6670-20 can’t be precluded. Yet it stays to be checked whether the last trust for the bulls at 1.66 remaining parts ensured or not.
The Aussie (0.9277) remaining parts stuck in the reach of 0.92-0.94 for the present with no acceptable transient directional intimations. Just a break of this reach of 0.92-0.94 may generate any genuine moves. An alternate test of 0.9215-0.92 may indicate the end of this curative mode.
Gold (1243.77) remaining parts steady for the present at easier levels close to 1240. It may confront a danger of further fall if the European Central Bank cuts rates which may reinforce the US Dollar. While over 1240, it may keep on consolidaing sideways inside the 1240-1260 areas yet a fall beneath 1240 may push it down to 1230-1225 levels. Close term looks bearish while in a general downtrend.