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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : December 20, 2013

Published 12/20/2013, 07:10 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3642
EUR/USD
Yet again the resistance at 1.38 proved to be a serious hurdle to the EUR/USD upward movement. A second consecutive daily close below 1.37 turned the short-term picture to negative. The pair is headed south toward 1.3524, but before that the 1.3650 support level needs to be taken.
Resistance Support
USD/JPY

Current level - 104.24
USD/JPY
The currency pair is now in a consolidation phase above the 103.95 resistance level. The outlook is positive for a test of 105.10.
Resistance Support
GBP/USD

Current level - 1.6368
GBP/USD
GBP/USD found support at 1.6220 and managed to overcome the 1.6350 resistance level afterwards. The bias is neutral in the near term, but overall we prefer a bullish scenario for a test of 1.66 level.
Resistance Support

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