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Wednesday's Major Currency Pairs And Stock Indices

Published 04/08/2015, 06:40 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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DE40
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1YMM24
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EUR/USD

Current level - 1.0844

EUR/USD Chart
The downtrend from 1.1036 bottomed preciselly above 1.0800 support and my outlook is counter-trend, for a break through the crucial high at 1.0885, en route to 1.1050 key resistance.

Resistance: intraday intraweek 1.0885 1.1120 1.1050 1.1450

Support: intraday intraweek 1.0800 1.0712 1.0712 1.0460

USD/JPY

Current level - 119.84

USD/JPY Chart

The bias is negative here after the recent reversal at 120.45 and my outlook is bearish, for a break through 119.40, en route to 118.22 support zone.

Resistance: intraday intraweek 120.40 122.01 121.00 124.20

Support: intraday intraweek 119.40 118.20 118.80 115.85

GBP/USD

Current level - 1.4865

GBP/USD Chart

My outlook here is bullish, for a break throughh 1.4870, which should initiaite another test of 1.4990 resistance zone. Initial intraday support lies at 1.4800.

Resistance: intraday intraweek 1.4870 1.4990 1.4990 1.5170

Support: intraday intraweek 1.4800 1.4737 1.4737 1.4240

EUGERMANY30

Current level - 12109

DAX 30 Chart

The bias here remains positive above 120.50 support zone, for a rise towards 12220 area. Crucial on the downside is still 11930 low.

Resistance: intraday intraweek 12150 12500 12220 13000

Support: intraday intraweek 12050 11600 11930 11400

US30

Current level - 17900

Dow Jones 30 Chart

A reversal has been confirmed at 17986 and the outlook is neutral within the 17820-18012 range.

Resistance: intraday intraweek 18012 18300 18150 19000

Support: intraday intraweek 17820 17550 17700 17270

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