Major Currency Pairs: EUR/USD USD/JPY GBP/USD : October 30, 2014
Deltastock | Oct 30, 2014 06:31AM ET
EUR/USD
Current level - 1.2561
The break through 1.2720 support confirmed a reversal at 1.2770 and the severe sell-off reached a local low at 1.2553. My outlook here is already counter-trend, for a break through 1.2612 intraday resistance, en route to 1.2720 area. Crucial on the downside is 1.2500.
USD/JPY
Current level - 109.13
The recent break through 108.34 unleashed a rise to 109.20 resistance zone and my outlook here is already bearish, for a slide through 108.92 intraday support, en route to 107.40 key support area.
GBP/USD
Current level - 1.5967
Yesterday's sell-off broke through 1.6068 crucial low, extending the losses all the way down to 1.5950 support zone. My outlook here is already bullish, for a reversal and rise through 1.5993 minor resistance, en route to 1.6070 zone.
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