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Major FX Pairs And Stock Indices: Support And Resistance Levels

Published 03/12/2015, 08:05 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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DJI
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DE40
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EUR/USD

Current level - 1.0581

EUR/USD Chart
Yesterday's slide bottomed precisely at 1.0490 support and the bias here is already bullish, for a rise towards 1.0664 minor resistance, en route to 1.0820 hurdle. Initial intraday support lies at 1.0557.

Resistance: intraday, intraweek 1.0664 1.0907 1.0820 1.1120

Support: intraday, intraweek 1.0557 1.0490 1.0490 1.0260

USD/JPY

Current level - 121.17

USD/JPY Chart

My outlook remains bearish below 121.60 resistance, for a slide towards 120.40. Crucial on the upside is 122.01.

Resistance: intraday intraweek 121.60 122.01 122.01 124.20

Support: intraday intraweek 120.80 120.40 120.40 118.22

GBP/USD

Current level - 1.4981

GBP/USD Chart

A reversal has been confirmed at 1.4895 and the intraday bias is positive, for a test of 1.5030 resistance, en route to 1.5140 mark. Initial intraday support lies at 1.4950.

Resistance: intraday, intraweek 1.5030 1.5320 1.5140 1.5550

Support: intraday, intraweek 1.4950 1.4820 1.4895 1.4820

EUGERMANY30

Current level - 11844

DAX Chart

The break through 11600 unleashed a massive rise all the way up to 11850 and the outlook here remains bullish, for another leg towards 12000 sentiment zone. Initial intraday support lies at 11730 and crucial on the downside is 11600 area.

Resistance: intraday, intraweek 11850 12000 12000 12500

Support: intraday, intraweek 11730 11400 11600 11000

US30

Current level - 17704

Dow Jones Chart

Nothing interesting here, as the overall bias is still bearish below 17820 resistance, for a slide towards 17480. Crucial on the upside is 18027.

Resistance: intraday, intraweek 17820 18300 18027 19000

Support: intraday, intraweek 17620 17675 17480 17480

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