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Major Currency Pairs : February 25, 2016

Published 02/25/2016, 05:01 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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EUR/USD

Current level - 1.1016


The intraday bias is slightly positive after yesterday's dip to 1.0956, but only a clear break through 1.1050 crucial area will signal a major rebound towards 1.1140.

resistance intraday intraweek 1.1070 1.1494 1.1140 1.1500 support intraday intraweek 1.0956 1.0980 1.0900 1.0770

USD/JPY

Current level - 112.30


The reversal at 111.00 signals a positive bias, for another leg upwards, to 113.40, en route to 114.30.

resistance intraday intraweek 112.70 114.30 113.40 115.96 support intraday intraweek 111.60 111.00 111.00 110.00

GBP/USD

Current level - 1.3937


The overall downtrend remains intact, heading towards 1.3800 area. Initial resistance lies at 1.3970, followed by the crucial one at 1.4060.

resistance intraday intraweek 1.4060 1.4790 1.4237 1.4950 support intraday intraweek 1.3880 1.3800 1.3800 1.3650

EUGERMANY30

Current level - 9277


Despite yesterday's rebound above 9120, today's bias is negative again, with a resistance at 9350 and initial support at 9200.

resistance intraday intraweek 9350 9920 9460 10160 support intraday intraweek 9200 8510 9090 8510

US30

Current level - 16481


Yesterday's reversal at 16160 signals a positive outlook, for a further rise towards 16670 peak. Initial intraday support lies at 16370.

resistance intraday intraweek 16570 16980 16670 17000 support intraday intraweek 16370 15300 16160 15300

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