EUR/USD -- Subject to possible fade interest on rallies
after charting a bearish key day reversal on Wed.
* 3rd resistance: 1.2323, price high
* 2nd resistance: 1.2280, pivot r1
* 1st resistance: 1.2229, daily pivot
* Spot: 1.2220
* 1st support: 1.2165, Asia low
* 2nd support: 1.2117, mid open/close price
* 3rd support: 1.2089, price high
GBP/USD -- Late Wed. session spike to 1.39+ and subsequent
rapid reversal underscores risk of a top as bullish momentum
wanes
* 3rd resistance: 1.4013, price low in 2016
* 2nd resistance: 1.3942, price high
* 1st resistance: 1.3930, pivot r1
* Spot: 1.3840
* 1st support: 1.3757, price low
* 2nd support: 1.3742-24, price lows, 61.8% Fibonacci
* 3rd support: 1.3713, price high
USD/JPY -- Tactical base in after charting on Wed. a
bullish key day reversal against 110.15 Fibonacci support
* 3rd resistance: 112.17, 61.8% Fibonacci
* 2nd resistance: 111.88, price high
* 1st resistance: 111.69-74, price high, 200-DMA
* Spot: 111.31
* 1st support: 110.98-94, price high, daily pivot
* 2nd support: 110.54, pivot s1
* 3rd support: 110.15, 61.8% Fibonacci of Sept./Nov. rise
AUD/USD -- Rebuffs 0.80+ area on first try with Wed. late
session reversal reinforcing rollover risks intact; market
continues to struggle against the 0.7978 Fibonacci resistance
* 3rd resistance: 0.8060, pivot r2
* 2nd resistance: 0.8036, price high
* 1st resistance: 0.8023, price high
* Spot: 0.7981
* 1st support: 0.7937, price low
* 2nd support: 0.7925-29, price high, mid-open/close price
* 3rd support: 0.7886, price low
Source Bloomberg Pro Terminal
Trader Velizar Mitov
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