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Major Currency Pairs : February 22, 2016

Published 02/22/2016, 06:09 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 - 1.1088

Forex Technical Analysis on EUR/USD


The overall bias remains bearish and crucial on the upside is still 1.1190 resistance. Initial support lies at 1.1070, followed by 1.0980.

resistance intraday intraweek 1.1190 1.1494 1.1375 1.1500 support intraday intraweek 1.1070 1.0980 1.1070 1.0770

USD/JPY

Current level - 112.92

Forex Technical Analysis on USD/JPY


The recent reversal at 113.27 signals a positive outlook, for a break through 113.10, en route to 114.30 resistance area.

resistance intraday intraweek 11310 114.30 114.30 115.96 support intraday intraweek 112.27 111.00 111.60 110.00

GBP/USD

Current level - 1.4210

Forex Technical Analysis on GBP/USD


The failure below 1.4400 resistance led to a new downswing, currently targeting 1.4150 support zone. Initial intraday resistance lies at 1.4250.

resistance intraday intraweek 1.4250 1.4790 1.4400 1.4950 support intraday intraweek 1.4150 1.4150 1.4150 1.4080

EUGERMANY30

Current level - 9554

Forex Technical Analysis on EUGERMANY30


The uptrend here has been renewed, heading towards 9925. Initial support lies at 9480 and crucial on the downside is 9320.

resistance intraday intraweek 9590 9920 9920 10160 support intraday intraweek 9320 8510 9250 8510

US30

Current level - 16571

Forex Technical Analysis on US30


The overall outlook remains bullish after the recent corrective dip to 16240 support and next target is projected at 16980.

resistance intraday intraweek 16620 16980 16980 17000 support intraday intraweek 16240 15300 15800 15300

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