MAJORS DAILY FORECAST: JANUARY 14, 2014

EUR/USD
Trading range: 1.3680 - 1.3605
Trend: Down
Sell at 1.3668 SL 1.3700 TP 1.3616

USD/JPY
Trading range: 103.10 - 103.90
Trend: Up
Buy at 103.23 SL 102.91 TP 103.79

GBP/USD
Trading range: 1.6405 - 1.6310
Trend: Strong Down
Sell at 1.6395 SL 1.6427 TP 1.6323

USD/CHF
Trading range: 0.8985 - 0.9070
Trend: Up
Buy at 0.8999 SL 0.8967 TP 0.9060


The current support/resistance levels are:
EUR/USD: 1.3607, 1.3587, 1.3555 - 1.3729, 1.3749, 1.3781
USD/JPY: 102.61, 102.40, 102.05 - 103.85, 104.06, 104.41
GBP/USD: 1.6317, 1.6289, 1.6245 - 1.6473, 1.6501, 1.6545
USD/CHF: 0.8929, 0.8906, 0.8868 - 0.9069, 0.9092, 0.9130