Supports and resistances on the major currency pairs today, 22.05.2017

22.05.2017 / 11:31

Rating:

AUD/USD -- 0.7472 big hurdle for bulls
3rd resistance: 0.7502, 76.4% Fibonacci of May drop
2nd resistance: 0.7480, May 3 mid open/close price
1st resistance: 0.7470-72, May 19 high, 61.8% Fibonacci
Spot: 0.7458
1st support: 0.7435, Asia low
2nd support: 0.7407, May 19 low
3rd support: 0.7389-85, May 17, 15 low

EUR/USD -- Next meaningful resistance not until 1.1300
3rd resistance: 1.1300, Nov. 9 high
2nd resistance: 1.1246, pivot r1
1st resistance: 1.1212, May 19 high
Spot: 1.1173
1st support: 1.1154, May 19 mid open/close price
2nd support: 1.1097, May 19 low
3rd support: 1.1076, May 18 low

GBP/USD -- Bulls remain in control; rising 21-DMA (1.2918) provides training risk line
3rd resistance: 1.3139, Sept. 14 low
2nd resistance: 1.3121, Sept. 22 high
1st resistance: 1.3048-59, May 18, Sept. 29 high
Spot: 1.3002
1st support: 1.2927, May 19 low
2nd support: 1.2900, May 18 low
3rd support: 1.2866, May 16 low

EUR/JPY -- Maintains offensive posture while above 21-DMA
3rd resistance: 125.82, May 16 high
2nd resistance: 125.40, May 17 high
1st resistance: 125.05, 76.4% Fibonacci of May 16 drop
Spot: 124.55
1st support: 124.11, May 18 high
2nd support: 123.39, May 19 low
3rd support: 123.10, 21-DMA

USD/JPY -- Flat ichimoku baseline at 111.25 provides support on closing basis as fresh rally risks mounting
3rd resistance: 112.40, May 8 low
2nd resistance: 111.82, ichimoku cloud top
1st resistance: 111.71, 55-DMA
Spot: 111.32
1st support: 110.24, May 18 low
2nd support: 109.83, 200-DMA
3rd support: 109.60, 76.4% Fibonacci of April/May rise

USD/CHF -- Rally attempts likely to attract selling interest
3rd resistance: 0.9848, May 16 low
2nd resistance: 0.9824, May 17 mid open/close price
1st resistance: 0.9805, May 19 high
Spot: 0.9752
1st support: 0.9724, Asia low
2nd support: 0.9702, pivot s1
3rd support: 0.9674, pivot s2

EUR/GBP -- Dithers around 200-DMA at 0.8596
3rd resistance: 0.8776, 76.4% Fibonacci of March/April
2nd resistance: 0.8662, March 30 high
1st resistance: 0.8618-24, March 28, 29 low
Spot: 0.8602
1st support: 0.8589, daily pivot
2nd support: 0.8569, May 19 low
3rd support: 0.8524, May 18 low

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Supports and resistances on the major currency pairs today, 22.05.2017

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