Fundamentals:

We have a few announcements today which will affect the market.
Coming from Europe we have the “Minimum Bid Rate”. The previous announcement was 1.00% and the forecast for today is 1.00%. (11:45 GMT).at 12:30 GMT we have the European Central Bank Press Conference.

Two more announcement coming in from U.S. “Unemployment Claims” which will be released at 12:30 GMT, previously resulted at 570K and the forecast for today is 563K, The final announcement is the “Institute for Supply Management Non-Manufacturing Purchasing Managers’ Index”. The previous results were 46.4 forecast for today is 48.3 (14:00 GMT)

AUD/USD

Good morning, this is one of the most interesting pairs, as can be seen over  a daily chart , this pair moving  step by step leading us to an uptrend,  just recently this pair decided to stay in a clear range, it’s a question of time when the pair will decide to break into the s & r, we will wait and see, to where this pair will continue to move.  let’s see what happened yesterday  :133 pips movement.

USD/CHF

Over the last few days The pair is having a little difficulties getting above the Resistances  1.0600 and staying there. Looks like this pair moving to few new support lines as 1.0570. in case it will move more then 1.0570 we will set new S&R lines, the market have several bars before that happens, USD CHF moves without trend and swings around exponential  range moving averages of 50-100 pips
1 hour.

Profit Table: