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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : October 29, 2014

Published 10/29/2014, 08:35 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.2731


The uptrend from 1.2612 is still intact, with an initial support at 1.2720 and crucial level at 1.2683. My outlook is counter-trend, for a slide towards 1.2570.

resistance

intraday intraweek 1.2763 1.2995 1.2840 1.3105 support intraday intraweek 1.2720 1.2570 1.2683 1.2500

USD/JPY

Current level - 107.98

The consolidation bellow 108.34 is still underway, so there is a risk of one more downswing before breaking higher, towards 109.19 resistance zone.

resistance

intraday intraweek 108.40 109.19 109.19 110.08 support intraday intraweek 107.68 105.70 107.40 103.00

GBP/USD

Current level - 1.6124

The uptrend from 1.5993 low is still intact with a crucial level at 1.6086. My outlook here is counter-trend, for a break through the mentioned low, en route to 1.5950.

resistance

intraday intraweek 1.6183 1.6280 1.6225 1.6530 support intraday intraweek 1.6086 1.5950 1.5993 1.5870

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