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Major Currency Pairs : February 05, 2016

Published 02/05/2016, 06:36 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1183


EUR/USD continues to advance forward, towards the projected target at 1.1305. Initial intraday support lies at 1.1150, followed by the crucial low at 1.1060.

resistance intraday intraweek 1.1240 1.1305 1.1305 1.1500 support intraday intraweek 1.1150 1.0980 1.1060 1.0770

USD/JPY

Current level - 116.90


The downtrend is intact, for a tight test of 115.96 low. Initial minor resistance lies at 117.30 and key hurdle on the upside is 118.30.

resistance intraday intraweek 117.30 120.30 118.30 121.70 support intraday intraweek 115.96 115.96 115.96 113.20

GBP/USD

Current level - 1.4525


The reversal at 1.4670 signals a minor consolidation pattern, which will seek support at 1.4480, for another leg upwards, to 1.4790.

resistance intraday intraweek 1.4670 1.4790 1.4790 1.4950 support intraday intraweek 1.4480 1.4330 1.4330 1.4150

EUGERMANY30

Current level - 9369


The sell-off from 9620 performed a precise test of 9250 daily low and the intraday bias is neutral. The overall outlook remains negative, with a crucial high at 9620.

resistance intraday intraweek 9470 10160 9620 10630 support intraday intraweek 9250 9250 9250 9130

US30

Current level - 16414


Yesterday's slide has been limited above 16200 support and the uptrend is resumed, heading towards 16620 resistance area.

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

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