EURUSD
Abrupt downward movement of the pair this Monday met a support at level 1.07740, where the pair got a correction. AO indicator is in negative zone below level of balance, but on line of support/resistance. If an area of main monthly pivot 1.08102 and weekly pivot S1 1.08067 persists, the correction may continue. In this case, we can aim at main daily pivot 1.08503, after which we have an opportunity to reach the defining movings 1.08940 and main weekly pivot 1.08995.
Fixation below this zone of support can return the price to level 1.07740. Below we have a target point at weekly pivot S2 1.07597. Farther target is an area 1.07100-1.06848.
Daily levels of support: 1.08102, 1.07740, 1.07597
Daily levels of resistance: 1.08315, 1.08503, 1.08995
GBPUSD
Downward movement of the pair this Monday met a support at area of weekly pivot S1 1.46586. AO indicator is in negative zone between line of balance and line of support/resistance, giving a signal about movement in a limited range. If the pair moves up and fixes above main daily pivot 1.47302 – current resistance – we can aim at area of defining movings 1.47840 and main weekly pivot 1.47954. Fixation above gives an opportunity to reach MA200 at 1.48380.
If resistance persists and the pair fixes below level of support 1.47075, the nearest potential target will be a weekly pivot S1 1.46586. We can aim below at weekly pivot S2 1.45894.
Daily levels of support: 1.47075, 1.46586, 1.45894
Daily levels of resistance: 1.47302, 1.47840, 1.47954
USDJPY
Downward movement of the pair this Monday met a support at point 118.625 and got a correction. Current area of resistance is a weekly pivot S2 119.651. AO indicator is at zero level between line of balance and line of support/resistance, aiming at positive zone. If the price fixes above resistance and main daily pivot 119.544, next important level will be a weekly pivot S1 119.949, where we can see the defining movings. Then we can aim at main weekly pivot 120.301, where we can see MA200. Farther target is weekly pivot R1 120.599.
Fixation below weekly pivot S3 119.299 can return the price to area 118.944 (monthly pivot S1) - 118.625. Farther target is a point 118.205.
Daily levels of support: 119.299, 118.944, 118.625
Daily levels of resistance: 119.651, 119.949, 120.301
© Copyright 2014 | Suite 305, Griffith Business Centre,
P.O. Box 1510, Kingstown,
Saint Vincent and the Grenadines
Warning: Trading with financial instruments is a risky activity and can bring not only profit, but also losses. The size of potential losses is limited by the deposit.
We accept:
World of Investment Technologies | Discovery of the Year 2014
