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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : April 24, 2014

Published 04/24/2014, 06:20 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.3820

EURUSD

Yesterday's rise failed to break beyond 1.3863 resistance and the intraday bias is slightly bearish, risking one more downswing to 1.3780 support area. On the mid-frames the outlook remains positive, for a break through 1.3863, en route to 1.3966.

Resistance & Support

USD/JPY

Current level - 102.32

USDJPY

A reversal has been confirmed at 102.70 and my outlook here remains bearish, for a break through 101.90, en route to 101.30 major support. Crucial on the upside is 102.70 resistance zone.

Resistance & Support

GBP/USD

Current level - 1.6795

GBPUSD

Yesterday's slide bottomed above 1.6750 major support and my outlook here is bullish, for a break through 1.6841, en route to 1.6890. Crucial on the downside is 1.6750.

Resistance & Support

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