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Forex pairs in this Article » EUR/USD, USD/CHF, GBP/USD, USD/JPY (Barcelona) - UBS strategists, Gareth Berry and Geoffrey Yu have taken a technical look at today´s majors and see a mixed outlook ahead.

They begin with EUR/USD, and have a neutral outlook. They see strong that while support is at 1.3034, a closing break below this would be negative, and resistance is at 1.3238 ahead of 1.3417. Looking to USD/JPY they are again neutral, commenting that the strength since mid-June is held by the resistance at 98.76, and a break above this would open 99.94, with support at 96.24 ahead of 93.57. Jumping to GBP/USD, they have a bullish view today, writing, “There is a strong support at 1.5292, which is expected to hold on losing basis. Resistance is at 1.5500 ahead of 1.5596.” Finally, shifting to USD/CHF, they are bearish, noting that the strong resistance at 0.9401 was tested yesterday. They feel that as the bear trend persists, the risk is for a rejection from here. They see support at 0.9302 ahead of 0.9242.
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