Major Currency Pairs: EUR/USD USD/JPY GBP/USD : July 25, 2014
Deltastock | Jul 25, 2014 07:28AM ET
EUR/USD
Current level - 1.3446
The consolidation pattern below 1.3502 resistance is complete and my outlook here is bearish, for a break through 1.3437 low, towards 1.3380, en route to 1.3285.
USD/JPY
Current level - 101.90
Yesterday's uptrend has been corrected with the minor pullback below 101.85 and now the upmove is renewed, for a break through 102.25, en route to 102.80. Key static support lies at 101.60.
GBP/USD
Current level - 1.6980
The bias is still negative below 1.6997 intraday resistance and the focus is still set on 1.6910 support zone. Crucial on the upside is 1.7023 area.
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