EUR / JPY during the day: the upward movement will prevail.

Change Point (devaluation level): 113.25
We prefer: long positions on 113.25 with expanded course objectives at 114.8 and 115.25.
Alternative scenario: below 113.25, we expect further downside with 112.75 & 112.3 as targets in the future.
Technical Comment: the RSI is supported by a bullish trend line.

EUR / CHF during the day: supported by a rising trend line.

Change Point (devaluation level): 1.3675
We prefer: long positions of 1.3675 with increased price targets on 1381 & 1386.
Alternative scenario: below 1.3675, we expect further downside with 1.3625 & 1355 as price targets.
Technical comment: the break of 1.3675 is a positive signal, which has opened a path to 1,381.

Consumption Sector Recovery Switzerland, Franc U.S. Dollar Press.

Latest data releases UBS consumption indicator Indicator has just been released by UBS AG shows signaled the existence of positive developments on the Swiss economy.

The impact of data releases to the trade pair USD / CHF noon today (27-07), which was observed to occur strengthening Swissie. The forex market responded by pushing the pair USD / CHF which is in the range 1.0491.

German Consumer Climate Recovery, PICU A stronger euro against the Japanese Yen.

In the pair trading the EUR / JPY noon today (27-07) was observed to move the Euro strengthened against the Japanese yen and in the range of 113.09.

The latest information about the indicator GfK Consumer Climate Germany has just been released by GfK showed an increase in the consumption sector performance in Germany.

EUR / USD over the day: target 1.3115.

Change Point (devaluation level): 1.2955
We prefer: BUY positions at 1.2975 to 1.3115 with price targets and 1317.
Alternative scenario: below 1.2955, we expect further downside with 1.2855 & 1289 as price targets.
Technical comment: the break of 1.2955 is a positive signal that a way has opened up to 1.3115.