EUR/USD -- Tuesday’s decisive breakout above daily cloud
(1.1823) upgrades near-term momentum profile; scope for 1.1904
test
* 3rd resistance: 1.1940, Dec. 1 high
* 2nd resistance: 1.1904, 76.4% Fibonacci of Nov. 27-Dec. 12 low
* 1st resistance: 1.1863-68, 61.8% Fibonacci of Nov. 27-Dec. 12
low
* Spot: 1.1857
* 1st support: 1.1823-11, cloud top, Dec. 19 mid open/close
price
* 2nd support: 1.1795, pivot s1
* 3rd support: 1.1777, Dec. 19 low
GBP/USD -- Buying appetite noted on dips to near 1.33
support suggests market preparing fresh launch higher
* 3rd resistance: 1.3520, Dec. 8 high
* 2nd resistance: 1.3466, Dec. 14 high
* 1st resistance: 1.3418, Dec. 18 high
* Spot: 1.3407
* 1st support: 1.3331, Dec. 19 low
* 2nd support: 1.3304-1.3299, Dec. 12 low, 76.4% Fibonacci
* 3rd support: 1.3283, ichimoku cloud top
USD/JPY -- Sets sights on cloud top and 76.4% Fibonacci
line at 113.37-40 as momentum improves; clean break above cloud
required to attract more bulls in
* 3rd resistance: 113.75, Dec. 12 high
* 2nd resistance: 113.58, Dec. 13 high
* 1st resistance: 113.37-40, 76.4% Fibonacci of Dec. 12-15 fall,
cloud top
* Spot: 113.14
* 1st support: 112.83, daily pivot
* 2nd support: 112.51, Dec. 19 low
* 3rd support: 112.39-31, 21-DMA, Dec. 18 low
AUD/USD -- Gearing up for another test at 200-DMA at 0.7694
following failure on initial test last week
* 3rd resistance: 0.7730, Nov. 2 high
* 2nd resistance: 0.7701, Nov. 7 high
* 1st resistance: 0.7694-95, 200-DMA, Dec. 15 high
* Spot: 0.7676
* 1st support: 0.7646, Dec. 19 low
* 2nd support: 0.7628, Dec. 14 low
* 3rd support: 0.7601-0.7598, 21-DMA, Dec. 13 mid open/close
price
Bloomberg Pro Terminal
Trader Velizar Mitov
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