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(GBP/JPY)
The Pound gained yesterday against the Yen, breaching the resistance level at 209.38 but could not breach the strong resistance at 210.40, the short term technical indicators are showing a downside potential so fat, but if the pair managed to stay above the 209.38 an upside reversal is expected, and the point at 207.70 offers major demand for the pair.
| Support | 209.38 | 208.71 | 208.25 | 207.70 | 207.06 |
| Resistance | 210.17 | 210.80 | 211.23 | 211.80 | 212.17 |
Recommendation | ... | ||||
(EUR/JPY)
The Euro managed to incline against the Yen as well yesterday but declined with the start of today's session slightly, the short term technical indicators are showing the pair resides within an oversold area, the pair have to breach the 156.49 level to confirm any further upside move, and the point at 155..49 seems to offer good demand for the pair.
| Support | 155.88 | 155.49 | 154.93 | 154.50 | 154.06 |
| Resistance | 156.12 | 156.48 | 156.76 | 157.19 | 157.67 |
Recommendation | ... | ||||
(EUR/GBP)
The Euro continued moving within the sideway wave against the Pound, as the pair settled around the 0.7440s level, the short term technical indicators are showing an upside possibility, but the pair have to breach and settle above the 0.7465 level to confirm such a wave, while the level among 0.7425 and 0.7415 offers strong demand for the pair today.
| Support | 0.7440 | 0.7425 | 0.7415 | 0.7400 | 0.7390 |
| Resistance | 0.7450 | 0.7465 | 0.7480 | 0.7490 | 0.7500 |
Recommendation | ... | ||||
EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380,...
USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend...
In this PDF you will find the latest technical analysis published by Forex Trends
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