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Major Currency Pairs and Stock Indices : May 29, 2015

Published 05/29/2015, 04:01 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.0951


The intraday bias here is positive, for a rise towards 1.1050 major resistance area. Crucial on the downside is 1.0860 low and a break through the latter will challenge 1.0784 support zone.

resistance intraday intraweek 1.0960 1.1290 1.1050 1.1500 support intraday intraweek 1.0860 1.0650 1.0784 1.0460

USD/JPY

Current level - 123.86

The outlook here is rather bearish, for a break through 123.40 support zone, en route to 122.01 major hurdle.

resistance intraday intraweek 124.45 124.20 124.20 124.20 support intraday intraweek 123.40 118.87 122.01 115.85

GBP/USD

Current level - 1.5331

The downtrend is still intact with the new low at 1.5260, but an eventual break through the crucial 1.5380 will signal a reversal of the whole slide since 1.5700 high and will set the focus on 1.5500 zone.

resistance intraday intraweek 1.5380 1.5820 1.5500 1.6000 support intraday intraweek 1.5260 1.5260 1.5260 1.5070

EUGERMANY30

Current level - 11695

Yesterday's slide bottomed at 11600 and the bias is neutral again, within the prolonged consolidation pattern below 11800. The intraday outlook is positive, for another test around 11800.

resistance intraday intraweek 11740 11920 11800 12180 support intraday intraweek 11680 11374 11580 11162

US30

Current level - 18138

The recent slide failed to break through 18050 support zone and the intraday bias is bullish, for another corrective leg upwards, to 18210 resistance zone.

resistance intraday intraweek 18150 18370 18250 18500 support intraday intraweek 18050 17920 17920 17680

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