Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Major Currency Pairs: EUR/USD USD/JPY GBP/USD : May 07, 2014

Published 05/07/2014, 07:31 AM
Updated 03/09/2019, 08:30 AM

EUR/USD

Current level - 1.3926

EUR/USD Daily Chart

A minor consolidation pattern is underway below the recent peak at 1.3950, heading for a test of 1.3890 key support before bouncing higher, towards 1.4000 sentiment zone. Crucial on the downside is 1.3807 low.

Resistance and Support

USD/JPY

Current level - 101.47

USDJPY Chart

The recent slide below 102.01 signals, that a top is place at 103.00 and the intraday bias is negative, for a test of 101.30 major support. A brief consolidation above 101.30 is likely to gather momentum for a clear break through that zone, en route to 100.00 sentiment area.

Resistance and Support

GBP/USD

Current level - 1.6980

GBP/USD Daily Chart

The recent test of 1.7000 major resistance signals a possible deeper pullback towards 1.6920 support zone, before advancing higher, to 1.7060. Initial support lies at 1.6920, followed by the crucial 1.6850.

Resistance and Support

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.