Major Support and Resistance FOREX 19.7.2017

19.07.2017 / 14:40

Rating:

EUR/USD -- Consolidates within Tuesdays range
* 3rd resistance: 1.1714, Aug. 2015 high
* 2nd resistance: 1.1616, 2016 high
* 1st resistance: 1.1583, July 18 high
* Spot: 1.1535
* 1st support: 1.1489, July 12 high
* 2nd support: 1.1472, July 18 low
* 3rd support: 1.1434, July 14 mid open/close price

USD/JPY -- Holding with a heavy tone above the triple
average zone (55-, 100-, 200-DMAs)
* 3rd resistance: 112.86-90, July 13 low, 14 mid price
* 2nd resistance: 112.69, July 18 high
* 1st resistance: 112.27-33, July 14, 17 lows
* Spot: 112.04
* 1st support: 111.66, ichimoku baseline
* 2nd support: 111.46, June 27 low
* 3rd support: 111.25, ichimoku cloud (flat up to Aug. 1)

GBP/USD -- Upside bias retained despite intraday reversal on
Tuesday
* 3rd resistance: 1.3180, Sept. 15 low
* 2nd resistance: 1.3126-39, July 18 high, Sept. 14 low
* 1st resistance: 1.3057, daily pivot
* Spot: 1.3039
* 1st support: 1.3006, 38.2% Fibonacci of July 12-18 move
* 2nd support: 1.2984-75, July 6, 7 highs
* 3rd support: 1.2955, July 13 high

AUD/USD -- Dominant focus on 200-week MA at 0.8019
* 3rd resistance: 0.8019, 200-week MA
* 2nd resistance: 0.7977, May 18 2015 low
* 1st resistance: 0.7947, Asia high
* Spot: 0.7925
* 1st support: 0.7858, July 18 mid-price
* 2nd support: 0.7838, July 17 high
* 3rd support: 0.7786, July 18 low

Bloomberg Pro Terminal

Trader Velizar Mitov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

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.

Major Support and Resistance FOREX 19.7.2017

London

Universal numbers