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Major Currency Pairs and Stock Indices : August 24, 2015

Published 08/24/2015, 07:53 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 - 1.1466

EUR/USD

The massive rise peaked at 1.1498 and there is an opportunity for a corrective pattern towards 1.1290 support zone before another leg upwards, to 1.1720 zone. Initial intraday support lies at 1.1400.

resistance intraday intraweek 1.1498 1.1500 1.1590 1.1720 support intraday intraweek 1.1400 1.1216 1.1290 1.0930

USD/JPY

Current level - 121.11

USD/JPY

The bias is still negative, with a risk of another slide towards 120.40 support zone, before corrective rebound towards 122.30 area.

resistance intraday intraweek 121.80 123.70 122.30 124.50 support intraday intraweek 120.70 120.40 120.40 118.60

GBP/USD

Current level - 1.5663

GBP/USD


The overall outlook here remains bullish, for a rise towards 1.5800 area. Key support lies at 1.5620.

resistance intraday intraweek 1.5718 1.5800 1.5800 1.6000 support intraday intraweek 1.5620 1.5416 1.5540 1.5170

EUGERMANY30

Current level - 9845

EUGERMANY30

The intraday bias is already slightly positive above 9740, for a corrective rise towards 10040, en route to 10500. Crucial on the downside is 9638 low.

resistance intraday intraweek 10040 10500 10500 10890 support intraday intraweek 9740 9570 9638 9210

US30

Current level - 16139

US30


The downtrend is intact, with a risk of next leg downwards, to 15700 major support. Initial resistance lies at 16300, followed by 16600.

resistance intraday intraweek 16304 17011 1660 17275 support intraday intraweek 16000 15700 15700 15700

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