Supports and resistances on the major currency pairs

19.04.2017 / 16:06

Rating:

USD/JPY — Re-tests 200-DMA at 108.87; needs to reclaim levels above 109.22 to ease downside pressure
3rd resistance: 109.85-87, ichimoku line, April 12 high
2nd resistance: 109.22, April 18 high
1st resistance: 109.05-06, yday’s point-of-control,
upper value line
Spot: 108.91
1st support: 108.13, April 17 low
2nd support: 107.87, 61.8% Fibonacci of Nov./Dec. rise
3rd support: 107.49, July 21 high

EUR/USD — Rallies to 50% line of March-April fall at 1.0738 where it catches its breath
3rd resistance: 1.0843, 200-DMA
2nd resistance: 1.0770-78, March 30 high, 61.8% Fibonacci
1st resistance: 1.0738-40, 50% retreat of March-April fall, March 29 low
Spot: 1.0717
1st support: 1.0701, daily pivot
2nd support: 1.0686, April 18 mid open/close price
3rd support: 1.0670, April 17 high

USD/CHF — Downside pauses right near 200-DMA support at 0.9950
3rd resistance: 1.0107, April 10 high
2nd resistance: 1.0089, April 12 high
1st resistance: 1.0067, April 13 high
Spot: 0.9975
1st support: 0.9950, 200-DMA
2nd support: 0.9926, 61.8% Fibonacci of March-April rise
3rd support: 0.9913, March 29 low

GBP/USD — GBP stages broad-based breakout; GBP index shows biggest intraday gain since 2009
3rd resistance: 1.3014-36, 55-week MA, weekly cloud base
2nd resistance: 1.2992, pivot r1
1st resistance: 1.2905, April 18 high
Spot: 1.2836
1st support: 1.2775, Dec. 6 high
2nd support: 1.2754, daily pivot
3rd support: 1.2706-03, April 18 mid price

AUD/USD — Good support at 0.7500-0.7499 on 10-day market profile chart
3rd resistance: 0.7611-12, April 17 high, ichimoku baseline
2nd resistance: 0.7596, April 18 high
1st resistance: 0.7563, Asia high, daily pivot
Spot: 0.7515
1st support: 0.7506, 76.4% Fibonacci of April 12-17 rise
2nd support: 0.7500-0.7499, 10-day point-of-control, lower value line and high volume area
3rd support: 0.7473, April 12 low

EUR/JPY — Responds higher to trend-exhaustion warnings although upside seen corrective only
3rd resistance: 117.90, 200-DMA
2nd resistance: 117.32, April 7 low
1st resistance: 116.90, April 11 mid open/close price
Spot: 116.75
1st support: 116.20, daily pivot
2nd support: 116.03, April 17 high
3rd support: 115.76, April 18 low

EUR/GBP — Breakdown below February low (0.8403) is major behavior shift
3rd resistance: 0.8413, April 18 mid open/close price
2nd resistance: 0.8403, Feb. 22 low
1st resistance: 0.8394, daily pivot
Spot: 0.8355
1st support: 0.8314-05, April 18, Dec. 5 low
2nd support: 0.8276-71, pivot s2, 61.8% Fibonacci of Мay-Oct. 2016 rise
3rd support: 0.8251, July 14 low

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Supports and resistances on the major currency pairs

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