Analytics 04.02

EURUSD

A strong upward rally this Wednesday met a resistance at area of monthly pivot R2 1.11177. AO indicator is deeply in positive zone above line of balance and line of support resistance. If the pair moves up above the resistance it can aim at point 1.11909 and monthly pivot R3 1.12509.

If we fix below main daily pivot 1.10472 and weekly pivot R2 1.10404 we can aim at monthly pivot R1 1.09740 and weekly pivot R1 1.09353. Here we have the defining movings.

Daily levels of support: 1.10404, 1.09740, 1.09353

Daily levels of resistance: 1.11177, 1.11909, 1.12509

GBPUSD

A strong upward rally of the pair this Wednesday met a resistance at area 1.46486 (weekly pivot R3)-1.46756 (monthly pivot R1). AO indicator is in positive zone below line of support/resistance, but above line of balance. Previous maximum was not renewed. If we move up and fix above area of resistance we can aim at level 1.48047.

If we move down fixation below main daily pivot 1.45393 and weekly pivot R2 1.45309 can aim us at area 1.44295-1.43783 (main monthly pivot). Here we have the defining movings.

Daily levels of support: 1.45309, 1.44295, 1.43783

Daily levels of resistance: 1.46486, 1.46756, 1.48047

USDJPY

A downward rally this Wednesday nearly reached a level 116.800. Further recoil fixed the pair above monthly pivot S1 117.499. AO indicator is deeply in negative zone at the line of support/resistance and below line of balance. If the pair moves down below monthly pivot S1 we can aim at level 116.800. Below we have a way to reach weekly pivot S2 116.122.

If we fix above area 118.421 (main daily pivot)-118.621 (weekly pivot S1), which is almost identical to area of elder movings, we can aim at MA200 at 119.32 and main monthly pivot 119.590.

Daily levels of support: 117.499, 116.800, 116.122

Daily levels of resistance: 118.421, 119.32, 119.500