FOREX: USDJPY Focus is on 113.00 ¥; Major Support and Resistance 30.10.2018

30.10.2018 / 14:01

Rating:

EURUSD: The market is in bear territory while price is below 21-DMA ; The focus stays on Aug. lows at ~1.13
* 3rd resistance: 1,1461-- low from 04.10.2018
* 2nd resistance: 1,1438-- low from 09.10.2018
* 1st resistance: 1.1405 -- Key level resistance from 1.1400
* Spot: 1.1382
* 1st support: 1,1349- Friday session low
* 2nd support: 1,1327- low from 13.08.2017
* 3rd support: 1,1294 - July highs from 2017-th

GBPUSD: Price is below 55-DMA targeting 2018-th Aug. lows
* 3rd resistance: 1,2897-- low from 09.10.2018
* 2nd resistance: 1,2875--low from 25.10.2018
* 1st resistance: 1.2835 -- high from 25.10.2018
* Spot: 1.2815
* 1st support: 1,2774- low from 24.08.2017
* 2nd support: 1,2752-- high from 20.08.2017
* 3rd support: 1,2713-- zone around 2018-th Aug. lows

USDJPY: Bullish momentum sends the price above 21-DMA; Seeking for today close for further direction and paring the bearish impulse and next focus zone at 114-114.50.
* 3rd resistance: 113.46-- Dec highs from 2017.
* 2nd resistance: 113.01--July 2018 highs
* 1st resistance: 112.68-- open/close from 26-27.09.2018
* Spot: 112.22
* 1st support: 111.89-open/close from 26-29.10.2018
* 2nd support: 111.44---low 26.10.2018 support from 100-DMA
* 3rd support: 111.11-- 200-ЕМА support zone

AUD/USD: Two candle formations suggesting paring bear momentum "hammer" and "piercing" and testing both resistances 21-DMA & 13-DMA
* 3rd resistance: 0.7156-- high 17.10.2018
* 2nd resistance: 0,7132 --high 12.10.2018
* 1st resistance: 0.7096-- zone at 21-DMA & 13-DMA
* Spot: 0.7072
* 1st support: 0.7036 -- low 08.10.2018
* 2nd support: 0,7012- Sept. 2015 lows
* 3rd support: 0.6976- low 09.02.2016

Trader Velizar Mitov

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FOREX: USDJPY Focus is on 113.00 ¥; Major Support and Resistance 30.10.2018

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