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Major Currency Pairs : February 08, 2016

Published 02/08/2016, 04:47 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1140

EUR/USD

A top has been set at 1.1250 and the outlook on the lower frames is already bearish, for a slide towards 1.1060. Initial intraday resistance lies at 1.1150.

resistance intraday intraweek 1.1250 1.1305 1.1305 1.1500 support intraday intraweek 1.1060 1.0980 1.0980 1.0770

USD/JPY

Current level - 117.38

USD/JPY

The recent low at 116.27 signals a reversal of the downtrend from 121.67 and the intraday outlook is bullish, for a rise towards 118.20.

resistance intraday intraweek 118.20 120.30 119.00 121.70 support intraday intraweek 116.27 115.96 115.96 113.20

GBP/USD

Current level - 1.4513

GBP/USD

The bias here remains negative, currently struggling above 1.4450 support zone. Crucial on the upside is 1.4590 high.

resistance intraday intraweek 1.4590 1.4790 1.4670 1.4950 support intraday intraweek 1.4450 1.4330 1.4330 1.4150

EUGERMANY30

Current level - 9311

EUGERMANY30

The overall outlook remains negative, for a slide towards 9130 area. Crucial on the upside is 9470.

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

US30

Current level - 16250

US30

The last test of 16510 resistance failed as well and the intraday bias is negative, for a slide towards 15850. Initial minor resistance lies at 16310.

resistance intraday intraweek 16310 16813 16510 17240 support intraday intraweek 16125 15450 15950 15300

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