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Major Currency Pairs : February 23, 2016

Published 02/23/2016, 05:58 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 - 1.1033


The downtrend here is intact, with an initial resistance at 1.1070 and immediate support at 1.0980. Crucial on the upside is already 1.1140.

resistance intraday intraweek 1.1070 1.1494 1.1140 1.1500 support intraday intraweek 1.0980 1.0980 1.0980 1.0770

USD/JPY

Current level - 112.08


Yesterday's failure at 113.40 led to a renewal of the downtrend, currently targeting 111.00 support area. Initial resistance lies at 112.70 and crucial on the upside is 113.40.

resistance intraday intraweek 112.70 114.30 113.40 115.96 support intraday intraweek 111.60 111.00 111.00 110.00

GBP/USD

Current level - 1.4107


The downtrend here is still intact, heading towards 1.4000 sentiment zone. Immediate resistance is projected at 1.4237, followed by the crucial 1.4400.

resistance intraday intraweek 1.4237 1.4790 1.4400 1.4950 support intraday intraweek 1.4000 1.4000 1.4000 1.3650

EUGERMANY30

Current level - 9477


The index is struggling below 9590 resistance, but the overall outlook is still bullish, for a rise towards 9925. Crucial on the downside is 9320 low.

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

US30

Current level - 16496


The overall bias remains positive, for a rise towards 16980 area. Crucial on the downside is 16270.

resistance intraday intraweek 16670 16980 16980 17000 support intraday intraweek 16270 15300 15800 15300

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