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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : November 26, 2014

Published 11/26/2014, 07:37 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.2454


Yesterday's rise broke through 1.2440 static resistance, extending gains to 1.2494 high, but my outlook here is already bearish, for a slide through 1.2401 crucial low, en route to 1.2240.

Resistance

intraday intraweek 1.2501 1.2630 1.2599 1.2720 Support intraday intraweek 1.2440 1.2240 1.2401 1.2040

USD/JPY

Current level - 117.76

Still in the consolidation mode below 118.98 peak and my outlook here is bullish, for a break through 118.55, en route to 120.00 area. Key support on the downside lies at 117.04.

Resistance

intraday intraweek 118.56 120.00 118.98 124.16 Support intraday intraweek 117.33 117.00 117.04 115.40

GBP/USD

Current level - 1.5721

The bias here remains positive, but my outlook is counter-trend, for a break through 1.5650 crucial low, en route to 1.5430 target zone. Key resistance on the upside lies at 1.5790.

Resistance

intraday intraweek 1.5750 1.5790 1.5790 1.6020 Support intraday intraweek 1.5650 1.5430 1.5590 1.5240

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