Sunday, July 13, 2014

EUR/USD
EURUSD

While last week we observed a very conservative EUR trying to recover from the down movement of the last few weeks we could note that the pair is still in a testing zone.
In the daily chart er can find two important support and Resistance levels:
Support 1 @1.3586 from July 07th
Support 2 @1.3526 from June 06th
Resistance 1 @1.3644 from July 07th
Resistance 2 @1.3692 from June 30th
Observing the 250 period MA we can note that it´s still pointing a up trend so we must observe the next hours  movement to confirm a real continuation or a reversal movement.

GBP/USD
GBPUSD

We can note in the 250 period MA a continuation of the up trend for this week ahead, these are the most important support and Resistance levels.

Support  @1.6979 from July 09th
Resistance @1.7172 from July 04th

USD/CHF
USDCHF
Analysing the current trend MA, these are the most important levels for the week ahead:
Support  @0.8867 from July 08th
Resistance @0.8998 from June 16th
We appreciate a continuation of the down trend, we recommend to observe the next hours  movement to confirm a real continuation or a reversal movement.

USD/JPY
USDJPY
The daily chart shows us a possible and important Resistance level that can drive to a reversal pattern, these are the daily support and Resistance levels for the week ahead:
Support  @101.30 from July 10th
Resistance @107.18 from July 4th
We recommend to observe the next hours  movement to confirm a real continuation or a reversal movement.


No comments:

Post a Comment