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Major Currency Pairs : January 25, 2016

Published 01/25/2016, 06:11 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 - 1.0818

Chart 1


The overall outlook remains neutral above 1.0770 static support, with an intraday resistance at 1.0862. Crucial on the upside is 1.0920.

resistance intraday intraweek 1.0862 1.1060 1.0920 1.1310 support intraday intraweek 1.0770 1.0640 1.0710 1.0510

USD/JPY

Current level - 118.52

Chart 2


The upmove is currently capped at 118.80 resistance, but the static support at 117.90 should provide a reliable base for another upswing towards 120.20.

resistance intraday intraweek 118.80 120.20 120.20 122.30 support intraday intraweek 117.90 115.70 115.70 113.60

GBP/USD

Current level - 1.4284

Chart 3


Last week's rise reached the initial resistance at 1.4365 and the bias here remains bullish above 1.4240, for another leg upwards, to 1.4500 area.

resistance intraday intraweek 1.4365 1.4790 1.4500 1.4950 support intraday intraweek 1.4240 1.4000 1.4080 1.4000

EUGERMANY30

Current level - 9791

Chart 4


A local top has been reached at 9850, but current pullback should be considered corrective, preceding another rise towards 10160. Initial static support is projected at 9640.

resistance intraday intraweek 9850 10160 10160 10630 support intraday intraweek 9640 9130 9250 9130

US30

Current level - 16051

Chart 5


The uptrend from 15450 is still intact, heading towards 16280 resistance area. Crucial on the downside is 15800 low.

resistance intraday intraweek 16280 16813 16620 17240 support intraday intraweek 15800 15450 15640 15300

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