EUR/USD --trendline support since
early January 2017 holds and could boost sentiment for
opportunistic longs
* 3rd resistance: 1.1724, base line
* 2nd resistance: 1.1692-97, 21-DMA, conversion line
* 1st resistance: 1.1645, session high
* Spot: 1.1610
* 1st support: 1.1584, pivot s1
* 2nd support: 1.1543-58, June 15 low, trendline since early
2017
* 3rd support: 1.1510, May 29 low
GBP/USD -- Stays bearish with 21-DMA setting the tone
* 3rd resistance: 1.3447, June 14 high
* 2nd resistance: 1.3337, 21-DMA
* 1st resistance: 1.3308, June 13 low
* Spot: 1.3243
* 1st support: 1.3212, June 15 low
* 2nd support: 1.3189, pivot s2
* 3rd support: 1.3109, midpoint of gains since October 2016
flash crash
USD/JPY -- trendline since December sets the tone given that, as long as it caps, a lower highs
pattern stays in place
* 3rd resistance: 111.50, last Fibonacci retracement of losses
since Jan. 8
* 2nd resistance: 110.90, June 15 high
* 1st resistance: 109.92-110.05, June 14 low-conversion line
* Spot: 109.66
* 1st support: 109.04-12, cloud top, 55-DMA
* 2nd support: 109.20, June 8 low
* 3rd support: 108.72, June 1 low
AUD/USD -- price reached one-year low
* 3rd resistance: 0.7476, May 30 low
* 2nd resistance: 0.7447-48, May 16-15 lows
* 1st resistance: 0.7412-14, May 9-June 18 lows
* Spot: 0.7375
* 1st support: 0.7373, June 1-2 2017 lows
* 2nd support: 0.7339, pivot s3
* 3rd support: 0.7327, 61.8% Fibonacci retracement of gains
since early 2016
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.