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Major Currency Pairs And Stock Indices : August 26, 2015

Published 08/26/2015, 06:17 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1482

Chart 1

The consolidation pattern below 1.1713 is still underway, do I favor another leg downwards, to 1.1296 support zone. Key resistance lies at 1.1620.

resistance intraday intraweek 1.1620 1.1720 1.1720 1.1870 support intraday intraweek 1.1400 1.1296 1.1296 1.1090

USD/JPY

Current level - 119.47

Chart 2


The pair is still struggling below 120.30 resistance and I expect a break through that area to challenge 121.85 zone. Support is projected around 118.20.

resistance intraday intraweek 120.30 122.30 121.85 123.70 support intraday intraweek 118.20 116.15 116.15 113.00

GBP/USD

Current level - 1.5704

Chart 3

A reversal has been confirmed at yesterday's peak at 1.5822 and my outlook is already negative, for a break through 1.5630 crucial low, en route to 1.5540 support zone. Initial intraday resistance lies at 1.5720.

resistance intraday intraweek 1.5720 1.5822 1.5822 1.6000 support intraday intraweek 1.5630 1.5416 1.5540 1.5170

EUGERMANY30

Current level - 9948

Chart 4


The intraday outlook is bullish above 9700, for a corrective rise towards 10200, en route to 10470 resistance area.

resistance intraday intraweek 10200 10470 10470 10890 support intraday intraweek 9700 9520 9520 9316

US30

Current level - 15891

Chart 5

Although there is an intraday risk of another dip to 15500 area, the overall bias is positive, for a rise towards 16400 resistance zone.

resistance intraday intraweek 16400 17011 17011 17275 support intraday intraweek 15500 15500 15200 15200

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