Supports and resistances on the major currency pairs

21.03.2017 / 16:29

Rating:

EUR/USD -- Hits highest since Feb. 2; above 1.0829 breaks trend of lower lows since Trump election win
3rd resistance: 1.0949, 233-DMA
2nd resistance: 1.0874, Dec. 8 high
1st resistance: 1.0829, Feb. 2 high
Spot: 1.0795
1st support: 1.0719, day low
2nd support: 1.0706, March 16 low
3rd support: 1.0676, ichimoku cloud top

GBP/USD -- Overtakes cloud top as bullish momentum grows
3rd resistance: 1.2578, 78.6% Fibo of drop since Feb. 2
2nd resistance: 1.2561-1.2570, highs on Feb. 23-24
1st resistance: 1.2491, Feb. 27 high
Spot: 1.2456
1st support: 1.2436, ichimoku cloud top
2nd support: 1.2383, 55-DMA
3rd support: 1.2323, 21-DMA

USD/JPY -- Retains bearish mode
3rd resistance: 113.60, ichimoku baseline
2nd resistance: 113.59, 21-DMA
1st resistance: 112.91, March 16 low
Spot: 112.57
1st support: 112.27, Asia session low
2nd support: 111.76, pivot s2
3rd support: 111.69, Feb. 28 low

EUR/JPY -- Bearish trend still to reverse despite 21-DMA support
3rd resistance: 122.63, March 14 high
2nd resistance: 122.25, March 17 high
1st resistance: 121.84, day high
Spot: 121.43
1st support: 120.82, March 17 low
2nd support: 120.65, 21-DMA
3rd support: 120.02, March 8 low

AUD/USD -- Bull trend firmly in place
3rd resistance: 0.7835, April 21 high
2nd resistance: 0.7778, Nov. 8 high
1st resistance: 0.7757, pivot r1
Spot: 0.7734
1st support: 0.7699, Asia session low
2nd support: 0.7664, March 16 low
3rd support: 0.7634-33, March 15 mid-price, March 7 high

EUR/GBP -- Momentum turns as deeper pullback may now take place
3rd resistance: 0.8788, March 13 high
2nd resistance: 0.8759, March 16 high
1st resistance: 0.8727, day high
Spot: 0.8664
1st support: 0.8641, 38.2% Fibonacci of Feb. 22-March 13
rise
2nd support: 0.8625, March 6 low
3rd support: 0.8620, 21-DMA

USD/CHF -- 233-DMA at 0.9898 not yet disappeared from radar
3rd resistance: 1.0061, March 13 low
2nd resistance: 1.0053, March 1 low
1st resistance: 1.0015, March 16 high
Spot: 0.9964
1st support: 0.9943-35, March 17 low, 76.4% Fibonacci of
Jan. 31-March 7 rise
2nd support: 0.9904, Feb. 6 low
3rd support: 0.9898, 233-DMA

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Supports and resistances on the major currency pairs

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