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Major Currency Pairs : February 04, 2016

Published 02/04/2016, 05:53 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1108


The uptrend broke through 1.0980 and 1.1060 and my outlook here remains bullish, for a rise towards 1.1305. Initial intraday support lies at 1.1060, followed by the crucial area at 1.0980.

resistance intraday intraweek 1.1145 1.1305 1.1305 1.1500 support intraday intraweek 1.1060 1.0980 1.0980 1.0770

USD/JPY

Current level - 117.85


The bias is still bearish below 118.90 resistance, for another leg downwards, to 115.96 low. Minor intraday resistance lies at 118.40.

resistance intraday intraweek 118.40 120.30 118.90 121.70 support intraday intraweek 117.05 115.96 115.96 115.96

GBP/USD

Current level - 1.4587


Yesterday's rise broke through 1.4450 hurdle and the outlook here remains positive, for another advance towards 1.4790 resistance area. Minor intraday support lies at 1.4560.

resistance intraday intraweek 1.4650 1.4790 1.4790 1.4950 support intraday intraweek 1.4560 1.4330 1.4450 1.4150

EUGERMANY30

Current level - 9524


The bias is already positive after yesterday's reversal at 9350, for a rise towards 9840 high. Initial support is projected at 9480.

resistance intraday intraweek 9590 10160 9840 10630 support intraday intraweek 9480 9250 9350 9130

US30

Current level - 16395


Yesterday's low at 15960 started an upmove with a projected target area at 16620. Key intraday support lies at 16230.

resistance intraday intraweek 16510 16813 16620 17240 support intraday intraweek 16230 15450 15950 15300

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