During the session today, we should focus on the influence of Canadian Central Bank’s interest rate decision on the CAD/USD pair as well as the influence of Reserve Bank of New Zealand’s interest rate on NZA/USD pair.
EUR/USD
Seen from the 1-hour chart of the EUR/USD pair, it continues to bounce up. While in the 4-hour chart, the MACD cylinder is shrinking that indicates the bullish momentum still exists. However, it’s hard to break through the range between 1.1200 and 1.1209 since it’s high time that it may reverse to drop at 1.1210. We are mainly buyers of put options with more caution.
Support：1.1167/1.1150/1.1135
Resistance：1.1209/1.1238/1.1272
GBP/USD
After the GBP/USD continues to rise for two days, it is approaching the pressure position at 1.5413. Since it is not a safe heaven for call options any more, we will switch to buy put options. We notice that once the pressure level 1.5413 is broken through, we may have to wait for next pressure position 1.5490 to start buying put options.
Support：1.5363/ 1.5322
Resistance：1.5413/ 1.5490
USD/JPY
We favor of buying call options of the USD/JPY pair and suspend it at between 120.58-120.68. Call options should be ended at 121.44.
Support：119.75/119.02
Resistance： 120.68/120.89
[Tips]
All the information mentioned above is for reference only. FX77 Option team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us.
- English (UK)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- English (Nigeria)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
Technical Analysis on EUR/USD, USD/JPY, GBP/USD, 09/09/2015
Published 09/09/2015, 03:59 AM
Updated 03/09/2019, 08:30 AM
Technical Analysis on EUR/USD, USD/JPY, GBP/USD, 09/09/2015
Latest comments
Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.