Tag Archives: GBP/JPY

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616).

EUR/USD rose sharply yesterday and hassucceeded in making higher highs. Monitor thekey resistance at 1.3739. Hourly supports aregiven by 1.3657 (intraday low) and the short-termrising channel (around 1.3595).

EUR/USD significantly weakened yesterday,suggesting a pickup in selling pressures. A breakof the hourly support at 1.3552 would open theway for a further decline towards the support at1.3477.

EUR/USD weakened yesterday close to theresistance at 1.3685 (50% retracement), makingan intraday bearish reversal. A break of thehourly support at 1.3609 would negate the shorttermpositive structure.

EUR/USD continues to improve by moving outof its declining channel. An horizontal resistancecan be found at 1.3685 (50% retracement). A keyresistance stands at 1.3739.

EUR/USD continues to improve and is nowclose to the resistance implied by the decliningchannel (around 1.3655). A key horizontalresistance stands at 1.3739.

EUR/USD has broken the resistance at 1.3573(31/01/2013 high, see also the steep decliningtrendline), opening the way for further shorttermstrength.

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high,see also the steep declining trendline).

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high,see also the steep declining trendline).

EUR/USD has broken the support at 1.3508.Despite the current lack of follow-through, wefavour a bearish bias as long as prices remainbelow the resistance at 1.3573 (31/01/2013 high).

EUR/USD has broken the support at 1.3508(see also the steeper rising trendline), openingthe way for a further decline towards the 200 daymoving average (around 1.3380).