Supports and resistances on the major currency crosses

02.03.2017 / 16:10

Rating:

EUR/USD -- Bears must break 1.0527 Fibonacci at closing to inspire more losses
3rd resistance: 1.0626-31, 21-DMA, Feb. 27 high
2nd resistance: 1.0589-94, March 1 high, 55-DMA
1st resistance: 1.0570, Feb. 28 low
Spot: 1.0540
1st support: 1.0514, March 1 low
2nd support: 1.0494, Feb. 22 low
3rd support: 1.0456, 76.4% Fibonacci of Jan. 3-Feb. 2 rise

AUD/USD -- Responds lower after 13-DMA downside break; 0.7618-06 is key support area
3rd resistance: 0.7778, Nov. 8 high
2nd resistance: 0.7741, Feb. 23 high
1st resistance: 0.7720, Feb. 24 high
Spot: 0.7622
1st support: 0.7618, Feb. 14 low
2nd support: 0.7606, Feb. 7 low
3rd support: 0.7578, Feb. 2 low

GBP/USD -- Testing and holding 61.8% Fibonacci at 1.2261
3rd resistance: 1.2405, March 1 high
2nd resistance: 1.2375, Feb. 28 low
1st resistance: 1.2347, Feb. 7 low
Spot: 1.2267
1st support: 1.2261, 61.8% Fibonacci of Jan. 16-Feb. 2 rise
2nd support: 1.2156, 76.4% Fibonacci of Jan. 16-Feb. 2 rise
3rd support: 1.2085, Jan. 16 high

USD/JPY -- Bulls must prove their resolve by breaking 55-DMA
3rd resistance: 114.96, Feb. 15 high
2nd resistance: 114.66, 55-DMA
1st resistance: 114.31, 76.4% Fibonacci of Feb. 15-28 fall
Spot: 113.61
1st support: 113.69, Asia low
2nd support: 113.51-49, pivot line, ichimoku baseline
3rd support: 113.06, 21-DMA

USD/CHF -- Multiple daily failures to close above 55-DMA
3rd resistance: 1.0230, 76.4% Fibonacci of Dec.-Jan. fall
2nd resistance: 1.0160, 61.8% Fibonacci of Dec.-Jan. fall
1st resistance: 1.0141, Feb. 22 high
Spot: 1.0102
1st support: 1.0053, March 1 low
2nd support: 1.0009, Feb. 28 low
3rd support: 0.9997, Feb. 20 low

EUR/GBP -- Next hurdle at 100-DMA at 0.8610
3rd resistance: 0.8645, Feb. 6 high
2nd resistance: 0.8610, 100-DMA
1st resistance: 0.8592, Feb. 17 high
Spot: 0.8583
1st support: 0.8550, Feb. 28 high
2nd support: 0.8510, March 1 low
3rd support: 0.8497, 200-DMA

EUR/JPY -- Ichimoku baseline next important test at 120.77
3rd resistance: 121.46, 55-DMA
2nd resistance: 121.34, Feb. 10 high
1st resistance: 120.77, ichimoku baseline
Spot: 120.38
1st support: 119.94, Asia low
2nd support: 119.69, 100-DMA
3rd support: 119.25, March 1 low

EUR/NOK -- Breaks and sustaining above 21-DMA
3rd resistance: 8.9394, Jan. 30 high
2nd resistance: 8.9295, Feb. 10 high
1st resistance: 8.8958, Feb. 14 high
Spot: 8.8852
1st support: 8.8657, Asia low
2nd support: 8.8487, March 1 low
3rd support: 8.8270, Feb. 27 low

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Supports and resistances on the major currency crosses

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