Major Currency Pairs: EUR/USD USD/JPY GBP/USD : November 24, 2014
Deltastock | Nov 24, 2014 05:49AM ET
EUR/USD
Current level - 1.2407
The recent slide from 1.2600 peak bottomed at 1.2352 and currently a consolidation pattern is on the run, before another sell-off towards 1.2240. Current rebound should be limited below 1.2440-50 resistance area.Resistance
intraday intraweek 1.2440 1.2630 1.2503 1.2720 Support intraday intraweek 1.2357 1.2240 1.2240 1.2040
USD/JPY
Current level - 118.20
A reversal has been confirmed at 117.33 and the intraday bias is positive above 118.00 minor support, for a rise towards 118.98 high. Crucial on the downside is 117.78.
Intraday Intraweek 118.98 120.00 120.00 124.16 Support Intraday Intraweek 118.00 117.00 117.04 115.40
GBP/USD
Current level - 1.5637
The overall outlook here remains negative, for a break through 1.5590, en route to 1.5430. Initial intraday resistance lies at 1.5678.
ResistanceIntraday Intraweek 1.5736 1.5790 1.5790 1.6020 Support Intraday Intraweek 1.5590 1.5430 1.5430 1.5240
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