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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : January 17, 2014

Published 01/17/2014, 07:17 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3600
EUR/USD
Yesterday's spike to 1.3650 could be the final leg of the minor consolidation pattern above 1.3580, so current outlook is negative, for a break through 1.3545 low, en route to 1.3400.
Resistance & Support
USD/JPY

Current level - 104.32
USD/JPY
A reversal has been confirmed at 104.90 high and current outlook is negative, for a slide through 104.13 low, en route to 103.50. Intraday resistance is projected at 104.65.
Resistance & Support
GBP/USD

Current level - 1.6316
GBP/USD
The outlook is still negative, for a break through 1.6304, en route to 1.6240 major support area. Initial intraday resistance is projected at 1.6380.
Resistance & Support

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