Major Currency Pairs: EUR/USD USD/JPY GBP/USD : October 31, 2014
Deltastock | Oct 31, 2014 06:51AM ET
EUR/USD
Current level - 1.2555
The pattern above 1.2540 is corrective in nature, thus preceding a break through 1.2500 low, en route to 1.2380. Initial intraday resistance lies at 1.2600, followed by the 1.2632 high.resistance
intraday intraweek 1.2600 1.2840 1.2720 1.3105 support intraday intraweek 1.2540 1.2500 1.2500 1.2240
USD/JPY
Current level - 111.57
Today's break through 109.44 unleashed a severe uptrend, which is currently absolutely intact, heading towards 113.20 resistance area. Crucial on the downside is the intraday low at 111.00.
resistanceintraday intraweek 112.10 113.20 113.20 116.50 support intraday intraweek 111.00 108.34 110.08 105.70
GBP/USD
Current level - 1.5973
The rebound above 1.5950 peaked at 1.6037 and it is obvious, that current pattern is corrective in nature, preceding a break through 1.5940, en route to 1.5870 and 1.5740. Crucial resistance on the upside lies at 1.6070.
resistanceintraday intraweek 1.6010 1.6280 1.6070 1.6530 support intraday intraweek 1.5940 1.5870 1.5870 1.5740
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