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Major Currency Pairs : February 09, 2016

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

EUR/USD

Current level - 1.1194


The intraday bias is already positive after the recent reversal at 1.1082, for a rise towards 1.1305.

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 - 115.19


The break through 115.96 support signals a bearish bias, for a slide towards 113.20, en route to 110.00 major hurdle. The intraday pullback should be considered corrective and is expected to be limited below 115.96-116.20 resistance area. Crucial on the upside is 117.50.

resistance intraday intraweek 116.00 120.30 117.50 121.70 support intraday intraweek 114.20 113.20 113.20 110.00

GBP/USD

Current level - 1.4451


A minor reversal took place at 1.4350 and my outlook is bullish, for a break through 1.4450 and the crucial 1.4550.

resistance intraday intraweek 1.4450 1.4790 1.4550 1.4950 support intraday intraweek 1.4330 1.4330 1.4330 1.4150

EUGERMANY30

Current level - 8957


The bias here is obviously bearish, for further depreciation towards 8510 area. Initial resistance lies at 9130 and crucial on the upside is 9250.

resistance intraday intraweek 9130 9590 9250 10160 support intraday intraweek 8880 8510 8510 8510

US30

Current level - 15989


The pullback after 15800 low is corrective, preceding another leg downwards, to 15300 area. Initial intraday resistance lies at 16120.

resistance intraday intraweek 16120 16813 16510 17240 support intraday intraweek 15800 15300 15600 15300

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