Major support and resistance FOREX 29.6.2017

29.06.2017 / 12:52

Rating:

* EUR/USD -- Tops Brexit-vote high; beware of possible fade
risks within 1.1428-52 (click here for analysis)
* 3rd resistance: 1.1529, May 4 2016 high
* 2nd resistance: 1.1479, May 6 2016 high
* 1st resistance: 1.1447-52, May 11 2016 high, ’15 channel
top
* Spot: 1.1425
* 1st support: 1.1375, Asia low
* 2nd support: 1.1354, daily pivot
* 3rd support: 1.1316, pivot s1
* GBP/USD -- Erases post-U.K. election losses; MACD triggers
bull crossover on Wednesday
* 3rd resistance: 1.3121, Sept. 22 2016 high
* 2nd resistance: 1.3048, May 18 high
* 1st resistance: 1.3015, May 25 high
* Spot: 1.2970
* 1st support: 1.2924, Asia low
* 2nd support: 1.2870-61, June 28 mid-price, 27 high
* 3rd support: 1.2849, 55-DMA
* AUD/USD -- Overbought conditions could spark mild pullback
as momentum ebbs near late March high at 0.7680
* 3rd resistance: 0.7750, March 21 high
* 2nd resistance: 0.7689, pivot r2
* 1st resistance: 0.7680, March 30 high
* Spot: 0.7670
* 1st support: 0.7635-24, Asia low, June 27 high
* 2nd support: 0.7612, June 28 mid open/close price
* 3rd support: 0.7577, June 28 low

* USD/JPY -- Scope for topside extension to 113.06
* 3rd resistance: 113.36, weekly ichimoku baseline
* 2nd resistance: 112.93-113.06, May 16 low, 76.4%
Fibonacci
* 1st resistance: 112.77, pivot r1
* Spot: 112.56
* 1st support: 111.80-79, 100-DMA, ichimoku cloud
* 2nd support: 111.46-43, June 27 low, 23 high
* 3rd support: 111.25-13, 55-DMA, 200-DMA

Bloomberg Pro Terminal

Trader Velizar Mitov

Varchev Traders

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Major support and resistance FOREX 29.6.2017

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