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Major Currency Pairs : March 15, 2016

Published 03/15/2016, 07:44 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1104


Still struggling above 1.1067 support area and while the latter holds, the bias will be positive, for a rise through 1.1217 peak. Initial intraday resistance lies at 1.1140.

resistance intraday intraweek 1.1140 1.1217 1.1217 1.1375 support intraday intraweek 1.1067 1.0820 1.0910 1.0770

USD/JPY

Current level - 113.06


A reversal has been confirmed at 114.13 and the outlook is negative, for a slide towards 112.22, en route to 111.00 lows. Initial intaday resistance is projected at 113.50.

resistance intraday intraweek 113.50 115.17 114.54 116.00 support intraday intraweek 112.22 111.00 111.00 110.00

GBP/USD

Current level - 1.4204


The intraday bias is bearish after the break through 1.4315, as the pair is heading for a test of 1.4105 support zone.

resistance intraday intraweek 1.4315 1.4667 1.4438 1.4790 support intraday intraweek 1.4200 1.4020 1.4105 1.3820

EUGERMANY30

Current level - 9961


The overall bias remains bullish above 9890 support area, for a rise towards 10168 hurdle.

resistance intraday intraweek 10050 10170 10170 10390 support intraday intraweek 9900 9400 9700 9120

US30

Current level - 17160


The slide from 17270 high is corretcive and while 17120 support holds, the outlook will be positive, for another leg upwards, to 17400 zone.

resistance intraday intraweek 17250 17250 17400 17400 support intraday intraweek 17120 16910 16980 16160

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