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Major Currency Pairs and Stock Indices : June 04, 2015

Published 06/04/2015, 04:16 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1237



Yesterday's corrective slide bottomed above 1.1050 support zone and the uptrend was renewed, performing a precise test of 1.1290 resistance. The outlook here remains bullish above 1.1200 support area, for further rise towards 1.1466. Crucial on the downside is 1.1070 low.

resistance intraday intraweek 1.1290 1.1290 1.1466 1.1500 support intraday intraweek 1.1200 1.0880 1.1070 1.0460

USD/JPY

Current level - 124.27

The pattern above 123.80 is corrective in nature, thus preceding a slide through 123.40, en route to 122.01.

resistance intraday intraweek 124.70 125.01 125.01 128.00 support intraday intraweek 123.40 123.40 122.01 122.01

GBP/USD

Current level - 1.5327

The intraday bias is positive above 1.5300 minor support, for a break through 1.5370, towards 1.5450 major resistance.

resistance intraday intraweek 1.5375 1.5620 1.5450 1.5820 support intraday intraweek 1.5300 1.5172 1.5250 1.5070

EUGERMANY30

Current level - 11354

The rebound after 11280 failed to break through 11510 resistance and my outlook here is negative, for a slide towards 11162 area.

resistance intraday intraweek 11510 11920 11740 12180 support intraday intraweek 11280 11162 11162 11010

US30

Current level - 18073

The consolidation pattern above 17920 is still underway, capped below 18180 resistance zone. I favor a break on the downside to initiate a slide towards 17680.

resistance intraday intraweek 18180 18370 18250 18500 support intraday intraweek 17920 17920 17680 17680

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