FOREX: Bulls on USD waiting for NFP at 15:30; Najor Support and Resistance 07.12.2018

07.12.2018 / 10:39

Rating:

EURUSD:The market is above 21-DMA; seeking NFP for further direction.
* 3rd resistance:1.1506- 1оо -DMA
* 2nd resistance:1.1459- 55-DMA
* 1st resistance: 1.1414- daily pivot resistance
* Spot: 1.1367
* 1st support: 1.1323 - weekly low
* 2nd support: 1.1275- close/open 27-28.11.2018
* 3rd support: 1.1231- daily pivot support

GBPUSD: Bear mood prevails within pair ; focus remains on Aug lows ~1.2660
* 3rd resistance: 1.2939- zone 55-DMA resistance
* 2nd resistance: 1.2875- daily pivot resistance
* 1st resistance: 1.22828 - 21-DMA
* Spot: 1.2763
* 1st support: 1.2716 - daily pivot support
* 2nd support: 1.2650 - Aug low
* 3rd support: 1.2600 -daily pivot support

USDJPY: Seller impulse finds resistance at Ichimoku cloud; seeking for daily close around 55-DMA for confirmation of "triangle" breakout from downside.
* 3rd resistance: 114.13- high 12.11.2108
* 2nd resistance: 113.66- daily pivot resistance
* 1st resistance: 113.41 - 21-DMA
* Spot: 112.67
* 1st support: 112.20 - support from 100-DMA
* 2nd support: 111.70- daily pivot support
* 3rd support: 111.21- daily pivot support

AUD/USD: Bullish momentum has been pared at resistance from 200-DEMA ~ 7390; price formation Head & Shoulders is still valid while price is above 55-DMA
* 3rd resistance: 0.7445 -high 09.08.2018
* 3rd resistance: 0.7350 - upper deviation band
* 2nd resistance: 0,7310 - daily pivot resistance
* 1st resistance: 0.7270 - daily pivot resistance
* Spot: 0.7232
* 1st support: 0.7190- 55- DMA
* 2nd support: 0,7151 - daily pivot support
* 3rd support: 0.7136 -daily pivot support

Trader Velizar Mitov

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FOREX: Bulls on USD waiting for NFP at 15:30; Najor Support and Resistance 07.12.2018

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