GS: G10 FX – London Spot Trader Views – FXWW Chatroom

OVERVIEW => We remain faithful to our core fundamental views and expect a slightly hawkish FOMC on Wednesday. We thus prefer to be long USD into the FOMC and remain neutral on USDJPY and are still short EUR, AUD, NZD, CAD and CHF vs the greenback. 

{EU} EURUSD Lower => We like the pair lower from here throughout later in the summer. We find resistance at 1.1030, support at 1.0955/50. 

{JN} USDJPY Neutral => We are still neutral in the pair with key levels of the session: Resistance at 124.00, with support coming in 123.25-00. 

{GB} GBPUSD Neutral => We think the jump in EURGBP should be faded, but the technical outlook for Cable is starting to look vulnerable. Levels: 1.5500 support in Cable with 1.5570 topside.

EURGBP 0.7050/70 support with 0.7120 resistance on the topside 

{NZ} NZDUSD Lower => We still like to be short here with key levels for the session: Support at 0.6668 (21dma) and then 0.6498.

{AU} AUDUSD Lower => We still favor the pair lower with key levels for the session: 0.7350 resistance and 0.7205/7190 as support on the downside. 

{CA} USDCAD Higher => We like the pair higher with important technical levels: support levels at 1.2949, with 1.3103 the resistance area. 

{SZ} USDCHF Higher => We like the pair higher with key technical levels: support at 0.9550, then. Resistance above lies at 0.9630. 

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