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Major Currency Pairs : December 11, 2015

Published 12/11/2015, 06:21 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.0940

The intraday bias is slightly negative, for a possible slide towards 1.0900 minor support, but the overall outlook remains bullish, for a rise towards 1.1100 area.

resistance intraday intraweek 1.1040 1.1100 1.1100 1.1310 support intraday intraweek 1.0900 1.0640 1.0790 1.0513

USD/JPY

Current level - 121.96


The rebound after 121.05 low is corrective and with the resistance at 122.20 the bias remains bearish, for a slide towards 120.20 target zone.

resistance intraday intraweek 122.20 123.65 123.65 125.90 support intraday intraweek 121.05 120.20 120.20 118.00

GBP/USD

Current level - 1.5138


The intraday bias is still neutral, within the consolidation pattern below 1.5200 and a break through the latter will challenge directly 1.5330 area. Intraday support is projected at 1.5090.

resistance intraday intraweek 1.5200 1.5660 1.5160 1.5820 support intraday intraweek 1.5090 1.4850 1.5090 1.4730

EUGERMANY30

Current level - 10550


The overall bias here remains negative, for a slide towards 10280 support zone. Initial resistance is projected at 10770.

resistance intraday intraweek 10770 11500 11025 11800 support intraday intraweek 10480 10280 10280 10000

US30

Current level - 17553

The rebound above 17420 should be considered corrective, preceding another leg downwards, to 17140 area. Initial resistance lies at 17770.

resistance intraday intraweek 17770 18000 17920 18150 support intraday intraweek 17420 17140 17140 16890

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