Technical supports and resistances for the major currency pairs

27.02.2017 / 15:35

Rating:

EUR/USD - Friday’s reversal candle against 13-DMA keeps
bears still in charge
3rd resistance: 1.0654, 21-DMA
2nd resistance: 1.0635, Feb. 20 high
1st resistance: 1.0618, Feb. 24 high
Spot: 1.0573
1st support: 1.0538, Feb. 23 low
2nd support: 1.0494, Feb. 22 low
3rd support: 1.0454, Jan. 11 low

GBP/USD -- Range-bound; 1.2347 and 1.2582 are breakout
trigger levels
3rd resistance: 1.2582, Feb. 9 high
2nd resistance: 1.2570, Feb. 24 high
1st resistance: 1.2491-96, Asia high, 21-DMA
Spot: 1.2432
1st support: 1.2383, Feb. 15 low
2nd support: 1.2347, Feb. 7 low
3rd support: 1.2331, Jan. 23 low

AUD/USD -- Bulls remain in control while above 13-DMA
(0.7678) at close
3rd resistance: 0.7778, Nov. 8 high
2nd resistance: 0.7741, Feb. 23 high
1st resistance: 0.7720, Feb. 24 high
Spot: 0.7687
1st support: 0.7663, Asia low
2nd support: 0.7650, Feb. 21 low
3rd support: 0.7637, Feb. 15 low

USD/JPY -- Closing in on 100-DMA support at 111.82
3rd resistance: 113.46, Feb. 23 high
2nd resistance: 112.96-113.00, Feb. 24 high, 21-DMA
1st resistance: 112.55, Feb. 23 low
Spot: 113.23
1st support: 111.82, 100-DMA
2nd support: 111.60, Feb. 7 low
3rd support: 111.36, Nov. 28 low

USD/CHF -- Bearish while below 55-DMA resistance
3rd resistance: 1.0160, 61.8% Fibonacci of Dec.-Jan.
fall
2nd resistance: 1.0141, Feb. 22 high
1st resistance: 1.0117, Feb. 17 high
Spot: 1.0079
1st support: 1.0026, Feb. 24 low
2nd support: 0.9997, Feb. 20 low
3rd support: 0.9967, Feb. 16 low

EUR/GBP -- Stays bearish despite recovery back above 200-DMA
3rd resistance: 0.8592, Feb. 17 high
2nd resistance: 0.8558, Feb. 20 high
1st resistance: 0.8539, 55-DMA
Spot: 0.8528
1st support: 0.8461, Asia low
2nd support: 0.8422, Feb. 24 low
3rd support: 0.8403, Feb. 22 low

EUR/JPY -- Holding near 50% retracement line of October-
December rally at 118.35
3rd resistance: 120.32, Feb. 21 high
2nd resistance: 119.88, Feb. 22 high
1st resistance: 119.04, Feb. 23 low
Spot: 118.71
1st support: 118.24, Feb. 24 low
2nd support: 117.66, 200-DMA
3rd support: 117.39, Nov. 22 low

EUR/NOK -- Risks remain tilted to downside while below 21-
DMA
3rd resistance: 8.8958, Feb. 14 high
2nd resistance: 8.8742, Feb. 16 high
1st resistance: 8.8533, Feb. 21 high
Spot: 8.8491
1st support: 8.8104, Feb. 24 low
2nd support: 8.8012, Feb. 23 low
3rd support: 8.7889, Feb. 22 low

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Technical supports and resistances for the major currency pairs

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