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Major Currency Pairs and Stock Indices : August 05, 2015

Published 08/05/2015, 07:27 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.0874

Yesterday's break through 1.0930 low confirms a negative bias, for a test of 1.0820 support zone. Initial intraday resistance lies at 1.0930, followed by the crucial high at 1.0985.

resistance intraday intraweek 1.0930 1.1128 1.0985 1.1290 support intraday intraweek 1.0820 1.0820 1.0820 1.0640

USD/JPY

Current level - 124.36

The intraday bias is positive above 124.10 support, as the pair is heading for a test of 124.58 resistance. Crucial on the downside is 123.80.

resistance intraday intraweek 124.56 125.90 125.90 128.40 support intraday intraweek 124.10 121.50 123.50 120.40

GBP/USD

Current level - 1.5560

The recent slide to 1.5528 is still a part of the prolonged consolidation pattern and an eventual break through the crucial high at 1.5636 will reinstate the positive outlook for 1.5800 zone.

resistance intraday intraweek 1.5636 1.5690 1.5690 1.5800 support intraday intraweek 1.5528 1.5170 1.5450 1.5070

EUGERMANY30

Current level - 11507

The uptrend is still intact, heading towards 11650 resistance zone. Key support on the downside lies at 11330.

resistance intraday intraweek 11510 11650 11650 11800 support intraday intraweek 11330 11010 11026 10650

US30

Current level - 17528

The outlook remains negative after yesterday's precise test at 17630 resistance, for a slide towards 17394 low.

resistance intraday intraweek 17630 17800 17800 18190 support intraday intraweek 17480 17394 17394 17240

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