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Technical Analysis on EUR/USD, USD/JPY,GBP/USD, 08/07/2015

ByFX77
Published 07/08/2015, 06:42 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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According the data released by US Department of Labor, job vacancy of May rises to 5.36 million from 5.33 million, hitting the highest rate ever since year 2000. Compared with corresponding period of last year, job vacancy of May has added by 16%. With bullish-trend factor, The USD has encountered considerable pressure when going up. This week is also the deadline of Greek debt,without negotiation on contract, Greek will be likely to go into bankruptcy.

During the session today, Business Climate Index(June)will see light in France, with Halifax House Price Index(MoM) released in Britain at 15:00. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
The EUR/USD pair generally is in a bearish trend, so we suggest buying put option. Resistance is found at 1.1080/1.1130 and support at 1.0950/1.0900.
FX77

USD/JPY
As the USD/JPY has rallied with bearish sentiment, we are buyers of put option. Resistance is found at 122.50/123.00 and resistance at 121.50/121.00.
FX77

GBP/USD
Since the GBP/USD pair continue to grind sideways, we are considering buying put option in short-term period. Resistance is found at 1.5500/1.5550 and support at 1.5400/1.5350.
FX77
[Tips]
All the information mentioned above is for reference only. FX77 team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us.

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