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Major Currency Pairs : February 02, 2016

Published 02/02/2016, 06:45 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.0910

Forex Technical Analysis on EUR/USD


The intraday bias here is positive, for a rise towards 1.0980 resistance area. Key support lies at 1.0870.

resistance intraday intraweek 1.0980 1.1060 1.1060 1.1310 support intraday intraweek 1.0870 1.0640 1.0770 1.0510

USD/JPY

Current level - 120.70

Forex Technical Analysis on USD/JPY


The corrective slide after 121.70 is heading for a test of 120.20 support and an eventual break through the latter will challenge directly 118.90. Crucial on the upside is 121.15 and a violation of that level will switch the focus back on 122.20 resistance.

resistance intraday intraweek 121.15 122.20 122.20 123.70 support intraday intraweek 120.20 119.00 119.00 115.70

GBP/USD

Current level - 1.4362

Forex Technical Analysis on GBP/USD


The intraday bias is negative after the reversal at 1.4450, set for a test of 1.4330 support zone. The latter guards the positive outlook for 1.4500 area.

resistance intraday intraweek 1.4450 1.4790 1.4500 1.4950 support intraday intraweek 1.4330 1.4080 1.4150 1.4000

EUGERMANY30

Current level - 9650

Forex Technical Analysis on EUGERMANY30


The outlook on the lower frames is bearish, for a slide towards 9560 static support. Crucial resistance on the upside is 9790.

resistance intraday intraweek 9790 10160 9840 10630 support intraday intraweek 9560 9250 9250 9130

US30

Current level - 16311

Forex Technical Analysis on US30


The reversal at 16510 signals a negative outlook, for a test of 16230 support zone. The overall bias remains bullish above 16230, for a rise towards 16620 resistance.

resistance intraday intraweek 16510 16813 16620 17240 support intraday intraweek 16230 15450 15850 15300

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