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Major Currency Pairs : February 10, 2016

Published 02/10/2016, 07:44 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1265


Yesterday's break through 1.1250 peak led to a new high at 1.1337 and my outlook remains bullish, for a rise towards 1.1490. Initial intraday support lies at 1.1240 and crucial on the downside is 1.1085 low.

resistance intraday intraweek 1.1337 1.1494 1.1494 1.1500 support intraday intraweek 1.1240 1.0980 1.1085 1.0770

USD/JPY

Current level - 114.70


The downtrend is intact, heading towards 113.20 target area. Key resistance on the upside is projected at 115.96.

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 - 1.4489


The intraday bias here is positive, for a break through 1.4550, en route to 1.4670 and 1.4790. Crucial on the downside is 1.4380.

resistance intraday intraweek 1.4550 1.4790 1.4670 1.4950 support intraday intraweek 1.4380 1.4330 1.4330 1.4150

EUGERMANY30

Current level - 8952


A new low has been reached at 8780 and today's rebound should be considered corrective, preceding another dip towards 8510. The intraday bias is slightly positive, for a possible test of 9130 resistance area.

resistance intraday intraweek 9130 9590 9250 10160 support intraday intraweek 8780 8510 8510 8510

US30

Current level - 16036


The overall outlook here remains negative, for a break through 15800 low, en route to 15300 area. Initial resistance lies at 16120.

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

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