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Major Currency Pairs and Stock Indices : August 18, 2015

Published 08/18/2015, 06:31 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.1069

The intraday bias is still negative and crucial on the upside is 1.1125 high. I favor a break through the latter to initiate a rise towards 1.1216, en route to 1.1290.

resistance intraday intraweek 1.1125 1.1290 1.1216 1.1466 support intraday intraweek 1.1020 1.0820 1.0930 1.0640

USD/JPY

Current level - 124.39

The overall bias remains bearish below 124.70, for a slide towards 123.00 area. Crucial on the upside is 124.70.

resistance intraday intraweek 124.70 125.90 125.26 128.40 support intraday intraweek 123.75 121.50 123.00 120.40

GBP/USD

Current level - 1.5575

Yesterday's test of 1.5690 failed and the intraday bias is negative, for another slide towards 1.5540 support zone. Initial intraday resistance lies at 1.5620.

resistance intraday intraweek 1.5620 1.5690 1.5690 1.5800 support intraday intraweek 1.5540 1.5170 1.5417 1.5070

EUGERMANY30

Current level - 10904

The consolidation pattern is already over and the outlook is bearish, for a slide towards 10650 area. Initial intraday resistance lies at 10990, followed by the major hurdle at 11115.

resistance intraday intraweek 10990 11260 11115 11650 support intraday intraweek 10810 10650 10650 10500

US30

Current level - 17508

MY outlook here is already counter-trend, for a break through 17480 support, en route to 17340 and 17000 sentiment zone.

resistance intraday intraweek 17570 17900 17650 18190 support intraday intraweek 17340 17340 17125 17000

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