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Majors Daily Forecast: August 6, 2014

Published 08/06/2014, 04:39 AM
Updated 07/09/2023, 06:32 AM

EUR/USD
Risk reward: 1.69
Trend: Down
Sell at 1.3371 SL 1.3403 TP 1.3317

USD/JPY

Risk reward: 1.34
Trend: Down
Sell at 102.61 SL 102.93 TP 102.18

GBP/USD

Risk reward: 1.78
Trend: Down
Sell at 1.6879 SL 1.6911 TP 1.6822

USD/CHF

Risk reward: 1.47
Trend: Up
Buy at 0.9092 SL 0.9060 TP 0.9139

The current support/resistance levels are:

EUR/USD: 1.3309, 1.3288, 1.3255 - 1.3433, 1.3454, 1.3487
USD/JPY: 102.07, 101.91, 101.64 - 103.15, 103.31, 103.58
GBP/USD: 1.6810, 1.6788, 1.6753 - 1.6948, 1.6970, 1.7005
USD/CHF: 0.9031, 0.9013, 0.8984 - 0.9153, 0.9171, 0.9200

Total yesterday +134 pips.

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