Major Currency Pairs: EUR/USD USD/JPY GBP/USD : December 19, 2014
Deltastock | Dec 19, 2014 05:29AM ET
EUR/USD
Current level - 1.2281
The pair is targeting a test and braking of the 1.2246 support. Both short and long term chart frames signal a negative mood and confirmation will follow once the 1.2246 level goes down.Resistance
intraday intraweek 1.2560 1.2600 1.2600 1.2880 Support intraday intraweek 1.2322 1.2246 1.2246 1.2040
USD/JPY
Current level - 119.01
After the correction to 115.54 the pair gained pace to close above 118.80. Full confirmation of the northbound trend will follow once the 119.55 obstacle falls. Levels to watch in the long run is 122.00.
intraday intraweek 119.55 122.00 119.80 124.16 Support intraday intraweek 116.50 116.00 116.00 115.30
GBP/USD
Current level - 1.5660
The range-bound trading in GBP/USD between the 1.5750 resistance and the 1.5530 support remains intact. In the mid-term we expect the downtrend of the pair to resume in direction of the key 1.5430 support.
Resistance
intraday intraweek 1.5754 1.5940 1.5825 1.6020 Support intraday intraweek 1.5529 1.5430 1.5430 1.5196
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.