EUR/USD - Sees downside follow-through after topping candlesticks in previous two days
3rd resistance: 1.0687, 100-DMA
2nd resistance: 1.0631-36, Feb. 27, 20 high, 21-DMA
1st resistance: 1.0589-92, Asia high, pivot
Spot: 1.0543
1st support: 1.0494, Feb. 22 low
2nd support: 1.0456, 76.4% Fibonacci of Jan. 3-Feb. 2 rise
3rd support: 1.0390, Jan. 4 low
GBP/USD -- Range-bound; 1.2347 and 1.2582 are breakout trigger levels
3rd resistance: 1.2471-82, Feb. 28 high, 21-DMA
2nd resistance: 1.2435-42, yesterday’s point-of-control, pivot r1
1st resistance: 1.2409, daily pivot
Spot: 1.2369
1st support: 1.2347, Feb. 7 low
2nd support: 1.2331, Jan. 23 low
3rd support: 1.2261, 61.8% Fibonacci of Jan. 16-Feb. 2 rise
USD/JPY -- Sharply higher after test at 100-DMA at ~112; stays bearish while below 55-DMA at 114.73
3rd resistance: 114.73, 55-DMA
2nd resistance: 114.19-31, 76.4% Fibonacci of Feb. 15-28 fall, Feb. 16 high
1st resistance: 113.78, Feb. 28 high
Spot: 113.61
1st support: 112.76, Asia low
2nd support: 112.45, pivot line
3rd support: 112.01, 100-DMA
AUD/USD -- Sees first close below 13-DMA since early Jan. although downside follow-through required to validate break
3rd resistance: 0.7778, Nov. 8 high
2nd resistance: 0.7741, Feb. 23 high
1st resistance: 0.7720, Feb. 24 high
Spot: 0.7661
1st support: 0.7637, Feb. 15 low
2nd support: 0.7618, Feb. 14 low
3rd support: 0.7606, Feb. 7 low
EUR/GBP -- Upside struggle against 55-DMA persists
3rd resistance: 0.8614, 100-DMA
2nd resistance: 0.8592, Feb. 17 high
1st resistance: 0.8550, Feb. 28 high
Spot: 0.8520
1st support: 0.8506, Feb. 28 low
2nd support: 0.8461, Feb. 27 low
3rd support: 0.8422, Feb. 24 low
EUR/JPY -- Tests 13-DMA resistance at 119.88
3rd resistance: 120.69, Feb. 16 low
2nd resistance: 120.20-32, 21-DMA, Feb. 21 high
1st resistance: 119.88, Feb. 22 high
Spot: 119.71
1st support: 119.25, Asia low
2nd support: 118.67, Feb. 28 low
3rd support: 118.24, Feb. 24 low
USD/CHF -- Close above 55-DMA resistance may derail bears
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: 1.0096
1st support: 1.0053, Asia low
2nd support: 1.0009, Feb. 28 low
3rd support: 0.9997, Feb. 20 low
EUR/NOK -- Breaks above 21-DMA hurdle
3rd resistance: 8.9295, Feb. 10 high
2nd resistance: 8.8958, Feb. 14 high
1st resistance: 8.8897, Feb. 15 high
Spot: 8.8619
1st support: 8.8493, Feb. 24 high
2nd support: 8.8270, Feb. 27 low
3rd support: 8.8104, Feb. 24 low
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.