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Major Currency Pairs : March 01, 2016

Published 03/01/2016, 06:24 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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EUR/USD

Current level - 1.0873


The bias here remains negative below 1.0910 minor resistance and crucial on the upside is 1.0960 high. Initial support lies at 1.0770.

resistance intraday intraweek 1.0910 1.1067 1.0980 1.1194 support intraday intraweek 1.0856 1.0770 1.0770 1.0510

USD/JPY

Current level - 112.94


The recent low at 112.10 is probably the end of the consolidation pattern below 114.00 and my outlook here is bullish, for a break through 113.30, towards 115.17 resistance area.

resistance intraday intraweek 113.30 115.17 114.00 116.00 support intraday intraweek 112.10 111.00 111.00 110.00

GBP/USD

Current level - 1.3952


Still in the consolidation pattern above 1.3840 and key resistance on the upside is projected at 1.4060. Minor intraday support lies at 1.3900.

resistance intraday intraweek 1.4060 1.4237 1.4237 1.4400 support intraday intraweek 1.3900 1.3800 1.3840 1.3650

EUGERMANY30

Current level - 9475


The corrective phase below 9590 is already over with the recent failure at 9350 support and the bias is positive, for a rise towards 9920.

resistance intraday intraweek 9590 9920 9590 10160 support intraday intraweek 9350 8510 9200 8510

US30

Current level - 16550


The pullback after 16850 is probably over with the failed test at 16430 support and the outlook is bullish, for a rise towards 16730 crucial hurdle.

resistance intraday intraweek 16730 16980 16850 17000 support intraday intraweek 16430 16160 16360 15970

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