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EUR/USD USD/JPY GBP/USD Daily Outlook: December 15, 2012

Published 12/15/2012, 03:14 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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JPY/GBP
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EUR/USD

Current level - 1.3070
<span class=EUR/USD" title="EUR/USD" width="521" height="349">

The 1.2880 support manages to restrict the bearish movement of the pair for the time being. The trough the resistance zone at 1.3020-40 opened the way for a test of 1.3120. On higher frames the bias is bearish.
Resistance support
USD/JPY

Current level - 83.69
<span class=USD/JPY" title="USD/JPY" width="520" height="355">
The break above the critical 82.80 set uptrend in the pair. The next target is the resistance at 84.20. Failed breakthrough could lead to new range movement in the area 83.20 - 84.20.
Resistance support
GBP/USD

Current level - 1.6109
<span class=GBP/USD" title="GBP/USD" width="524" height="355">
The GBP/USD pair surged over 1.61 and is finding short-term support around 1.6080 level. The next upside target is 1.6140 followed by the 1.6175 major resistance.
Resistance support

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