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Wednesday's Major Currency Pairs And Stock Indices

Published 04/01/2015, 07:50 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.0740

EUR/USD Chart
The overall bias is still negative after the recent failure at 1.0800 resistance, for a slide towards 1.0612 area. Crucial on the upside remains 1.0950 high.

Resistance: intraday intraweek 1.0800 1.1120 1.0950 1.1450

Support: intraday intraweek 1.0720 1.0460 1.0612 1.0260

USD/JPY

Current level - 120.23

USD/JPY Chart

The intraday outlook is positive, for a break through 120.40 resistance zone, en route to 121.00 area. Crucial support on the downside lies at 119.50.

Resistance: intraday intraweek 120.40 122.01 121.20 124.20

Support: intraday intraweek 119.50 118.22 118.90 115.85

GBP/USD

Current level - 1.4760

GBP/USD Chart

The downtrend has been renewed after the reversal at 1.4875 and the bias is bearish, for a slide towards 1.4636 low. Initial minor resistance is seen at 1.4815, followed by the crucial area at 1.4875.

Resistance: intraday intraweek 1.4815 1.4990 1.4875 1.5170

Support: intraday intraweek 1.4750 1.4636 1.4636 1.4240

EUGERMANY30

Current level - 12091

DAX Chart

The recent failure at 11790 support zone signals a positive bias, for a break through 12100 resistance area, en route to 12220. Minor intraday support comes at 12020.

Resistance: intraday intraweek 12100 12500 12220 13000

Support: intraday intraweek 11950 11600 11790 11400

US30

Current level - 17810

Dow Jones 30 Chart

Yesterday's dip to 17560 failed to break below the mentioned support and current outlook is positive, for a rise towards 18050. Initial minor support is seen around 17760 and immediate resistance lies at 17850.

Resistance: intraday intraweek 17850 18300 18050 19000

Support: intraday intraweek 17760 17560 17560 17480

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