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Friday's FX Technicals

Published 03/13/2015, 07:25 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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1YMM24
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EUR/USD

Current level - 1.0590

EUR/USD

The rebound after 1.0490 failed to break through 1.0670 resistance zone, but while the intraday support at 1.0557 is intact, the outlook here will be positive, for a rise towards 1.0820 area. Crucial on the downside is 1.0490 low.

  • 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 - 121.40

USD/JPY

Yesterday's slide bottomed at 120.64 and current bias is positive, for a tight test of 121.60 static resistance. Crucial on the downside is 121.20 and a violation of that level will signal another drowning towards 120.40 zone.

  • 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 - 1.4874

GBP/USD

The recent test of 1.5030 failed and the subsequent slide is facing a test of 1.4820 lows. My outlook is positive above 1.4820, for a rise towards 1.5030 area. Initial intraday resistance lies at 1.4900.

  • resistance intraday intraweek 1.4900 1.5320 1.5030 1.5550
  • support intraday intraweek 1.4820 1.4820 1.4820 1.4240

EUGERMANY 30

Current level - 11845

EUGERMANY 30

The corrective pattern below 11850 shows, that the overall bias remains bullish, for a rise towards 12000 mark. Key support lies at 11730.

  • resistance intraday intraweek 11850 12000 12000 12500
  • support intraday intraweek 11730 11400 11600 11000

Dow 30

Current level - 17883

Dow 30

A reversal has been confirmed at 17620 and the outlook is positive above 17850 support, for a continuation of the rise towards 18027.

  • resistance intraday intraweek 17920 18300 18027 19000
  • support intraday intraweek 17850 17620 17740 17480

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