Major Currency Pairs: EUR/USD USD/JPY GBP/USD : December 15, 2014
Deltastock | Dec 15, 2014 12:02AM ET
EUR/USD
Current level - 1.3615
Yesterday's high at 1.3700 was the final of the corrective pattern above 1.3545 and current outlook is negative, for a slide towards 1.3395 support zone. Major resistance on the upside is still projected at 1.3715.
Resistance intraday intraweek 1.3715 1.3893 1.3817 1.4000 Support intraday intraweek 1.3545 1.3396 1.3395 1.3295
USD/JPY
Current level - 104.35
The intraday bias here is still positive after the recent low at 102.85 and yesterday's break through 103.70 resistance sets the focus on 104.60 hurdle. I favor a reversal below 104.60 to trigger a sell-off towards 102.85 low.
Resistance intraday intraweek 104.60 106.70 105.40 110.00 Support intraday intraweek 104.05 101.60 103.70 100.60
GBP/USD
Current level - 1.6402
Despite yesterday's rebound to 1.6477 intraday resistance, here the outlook remains negative, for a break through 1.6340, en route to 1.6240.
Resistance intraday intraweek 1.6477 1.6740 1.6540 1.7000 Support intraday intraweek 1.6345 1.6240 1.6240 1.6130
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