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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : September 23, 2013

Published 09/23/2013, 08:43 AM
Updated 03/09/2019, 08:30 AM
EUR/USD

Current level - 1.3520
EUR/USD
The consolidation pattern below 1.3568 is still underway and although there is risk of tighter test above 1.3450 major support, the overall bias is bullish, for a rise towards 1.3710.
Resistance & Support
USD/JPY

Current level - 98.96
USD/JPY
The intraday bias here is negative after the break through 99.17 support, but my outlook is for a reversal above 98.50, en route to 100.60. Minor intraday resistance is projected at 99.17, followed by the 99.66 local peak.
Resistance & Support
GBP/USD

Current level - 1.6042
GBP/USD
Friday's precise test of 1.5980 support should be enough to provide a reliable base for a renewal of the uptrend towards 1.6300. Initial intraday resistance is projected at 1.6063

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