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Majors Daily Forecast: May 15, 2014

Published 05/15/2014, 03:16 AM
Updated 07/09/2023, 06:32 AM

EUR/USD
Risk reward: 1.59
Trend: Down
Sell at 1.3722 SL 1.3754 TP 1.3671

USD/JPY
Risk reward: 1.47
Trend: Down
Sell at 101.85 SL 102.17 TP 101.38

GBP/USD
Risk reward: 2.09
Trend: Strong Down
Sell at 1.6778 SL 1.6810 TP 1.6711

USD/CHF
Risk reward: 1.31
Trend: Up
Buy at 0.8891 SL 0.8859 TP 0.8933

The current support/resistance levels are:

EUR/USD: 1.3661, 1.3642, 1.3610 - 1.3783, 1.3802, 1.3834
USD/JPY: 101.29, 101.11, 100.82 - 102.41, 102.59, 102.88
GBP/USD: 1.6703, 1.6677, 1.6636 - 1.6853, 1.6879, 1.6920
USD/CHF: 0.8833, 0.8817, 0.8791 - 0.8949, 0.8965, 0.8991


Today so far +93, total yesterday +117 pips.

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