Major Currency Pairs: EUR/USD USD/JPY GBP/USD : May 09, 2014
Deltastock | May 09, 2014 06:51AM ET
EUR/USD
Current level - 1.3814
Yesterday's rise fulfilled a precise test of 1.4000 sentiment area and the break below the crucial 1.3903 signals a reversal of the whole uptrend from 1.3772. The intraday bias is negative below 1.3845 resistance, for a slide towards 1.3780.
USD/JPY
Current level - 101.76
The intraday bias is positive after yesterday's reversal at 101.40 and the pair is heading towards 102.15 resistance zone, before completion of the whole consolidation pattern above 101.30.
GBP/USD
Current level - 1.6902
The bias here remains bearish after the recent peak at 1.6996 and with the resistance at 1.6942, the outlook is negative, for a slide towards 1.6850 support zone.
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