EUR/USD -- Strong rebound leg from ~1.1550 now piercing the
ichimoku cloud at 1.1825 as questions being raised over the
validity of late Oct. head-and-shoulders top pattern
* 3rd resistance: 1.1937, Sept. 25 high
* 2nd resistance: 1.1877, ichimoku cloud top
* 1st resistance: 1.1858, Oct. 19 high
* Spot: 1.1843
* 1st support: 1.1785, Asia low
* 2nd support: 1.1738-32, 100-DMA, Nov. 14 mid open/close price
* 3rd support: 1.1690, Nov. 3 high
GBP/USD -- Sustaining rally from 8-mo. trendline (~1.3109
today); bull case gains credibility if market shows a clear
breakout above 1.3214-30
* 3rd resistance: 1.3255, 76.4% Fibonacci of Nov. 1-3 fall
* 2nd resistance: 1.3230, Nov. 10 high, 55-DMA
* 1st resistance: 1.3214, 38.2% Fibonacci of Nov. 1-3 fall
* Spot: 1.3195
* 1st support: 1.3131, Asia low
* 2nd support: 1.3098, pivot s1
* 3rd support: 1.3062-59, Nov. 13, 6 low
USD/JPY -- Exiting ichimoku value-zone bearishly after
faltering at ichimoku ’slow’ line at 113.91 on Tuesday; closing
break below 113.19 on Wednesday would put converging 100-, 200-
DMA’s on the radar at 111.77-73
* 3rd resistance: 113.91, Nov. 14 high
* 2nd resistance: 113.81, pivot r1
* 1st resistance: 113.50, Asia high
* Spot: 112.72
* 1st support: 112.52, Oct. 20 low
* 2nd support: 112.38, 76.4% Fibonacci of Oct. 16-Nov. 6 rally
* 3rd support: 112.22, 55-DMA
AUD/USD -- Tumbles to a 4-month low after soft AU wages
data; next Fibonacci line of focus at 0.7517
* 3rd resistance: 0.7672, Nov. 13 high
* 2nd resistance: 0.7650-54, Nov. 9, 10 low
* 1st resistance: 0.7633, Asia high
* Spot: 0.7598
* 1st support: 0.7571, July 5 low
* 2nd support: 0.7559, June 26 low
* 3rd support: 0.7535, June 22 low
Source: Bloomberg Pro Terminal
Trader: Velizar Mitov
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