Good morning. We would like to present our today's market forecasts.

EURUSD

Yesterday the rate stopped above 1,5730 what led to a rebound above 1,5770 and today's test of the 1,5840 level. We expect a breakout above this level and attack on 1,5900. Next target above 1,5900 is 1,5980.

USDJPY

The pair is in wide consolidation between 105,30-106,60. A breach of 106,60 will lead to 107,10. A drop below 105,30 will lead to 104,80 or even 104,40.

USDCHF

The rate has stopped above the main support line at 1,0100. It has led to correction to 1,0230. Right now the pair is seen in range 1,0230-1,0130.

USDGBP

The pair is seen in range 1,9910-2,0020. Declines below the lower limit will be followed by the test of 1,9850. In case of a break through 2,0020, rise to 2,0200 is expected.

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