Good morning. Here are our today's forecasts concerning currency market situation.

EURUSD
The pair is seen in range 1,4400-14480. We expect the rate to climb towards 1,4480/1,4500. In case of a rebound above 1,4510 rise to 1,4580 is likely to happen. Below 1,4400 next support level is placed at 1,4320.

GBPUSD
Gain to 1,7810 is possible and it should be followed by a drop to 1,7650.

USDCHF
During the day falls to 1,1090 are expected. Afterwards the rate should move up to 1,1170 and 1,1240 later on.

USDJPY
Rise to 109,20/40 should be used to open short positions with take profit order at 107,70. Drops below 107,70 may reach 107,30.

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