Update - Daily Technical Levels from FXCC - page 11

 

Daily Technical Analysis by FXCC October 28

Daily Technical Analysis by FXCC October 28

Euro vs. US Dollar (EURUSD): We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.38811) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.39818) resistance. We will be looking to buy EURUSD upon any price retracement.

R1: 1.39818 | R2: 1.40368 | R3: 1.41169 | R4: 1.41719 | R5: 1.42473

S1: 1.38692 | S2: 1.38215 | S3: 1.37666 | S4: 1.37250 | S5: 1.36730

Great Britain Pound vs. US Dollar (GBPUSD): We expect a bullish overall direction for today. That requires the base to build on (1.59000); targeting (1.61959) then (1.62705). A break under (1.59682) support area will extend losses to (1.56315). Look for long positions for today`s trading session.

R1: 1.61959 | R2: 1.62705 | R3: 1.63474 | R4: 1.63974 | R5: 1.64474

S1: 1.59000 | S2: 1.58478 | S3: 1.57838 | S4: 1.56923 | S5: 1.56315

US Dollar vs. Japanese Yen USDJPY (USDJPY): USDJPY maintains a bid tone for now. Break above (76.422) may trigger further recovery of the USDJPY. Going bellow latest swing low at (75.735), however, would confirm continuation of the bearish trend, towards next objective downwards (74.794). Shorting USDJPY is advisable for today.

R1: 76.300 | R2: 76.684 | R3: 77.181 | R4: 77.481 | R5: 77.781

S1: 75.735 | S2: 75.394 | S3: 75.094 | S4: 74.794 | S5: 74.494

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC October 31

Daily Technical Analysis by FXCC October 31

Euro vs US Dollar The outlook has grown increasingly bullish since EURUSD had remained above its latest swing low at (1.41234).

If this support level is broken to the downside, the outlook will deteriorate.

You may try to buy from (1.40904), (1.40473), and (1.39802) with a stop loss below (1.41234).

R1: 1.41815 | R2: 1.42246 | R3: 1.42917 | R4: 1.43317 | R5: 1.43717

S1: 1.40904 | S2:1.40473 | S3: 1.39802 | S4: 1.38911 | S5: 1.38215

Great Britian Pound vs US Dollar We expect a bullish overall direction for today.

That requires the base to build on (1.60420); targeting (1.61954) then (1.62765).

A break under (1.60610) support area will extend losses to (1.57740).

Long positions are favored for today.

R1: 1.61954 | R2: 1.62765 | R3: 1.63265 | R4: 1.63765 | R5: 1.64265

S1: 1.60420 | S2:1.59782 | S3: 1.59143 | S4: 1.58245 | S5: 1.57740

US Dollar vs Japanise Yen We see high chances of the pair move down gradually towards (75.009 – 74.709).

A proper confirmation would occur if the USDJPY will manage to close below the (75.309) support over today`s trading session.

Look for short positions for current trading session.

R1: 75.965 | R2: 76.293 | R3: 76.621 | R4: 76.921 | R5: 77.221

S1: 75.309 | S2:75.009 | S3: 74.709 | S4: 74.409 | S5: 74.109

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 02

Daily Technical Analysis by FXCC November 02

Euro vs. US Dollar (EURUSD): We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.40637) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.36082) support level. We will be looking to sell EURUSD upon any price retracement.

R1: 1.37640 | R2: 1.38215 | R3: 1.38911 | R4: 1.39539 | R5: 1.40537 S1: 1.36082 | S2: 1.34635 | S3: 1.33187 | S4: 1.32005 | S5: 1.31605

Great Britain Pound vs. US Dollar (GBPUSD): Overall the direction remains unclear and price is moving in (1.61761 - 1.58803) range area, the instrument has a 50 – 50 chance of a recovery above (1.61761) or a fall towards (1.58803) in the coming session. We need to hold for today.

R1: 1.60000 | R2: 1.60646 | R3: 1.61411 | R4: 1.62692 | R5: 1.63866 S1: 1.58905 | S2: 1.57728 | S3: 1.56554 | S4: 1.55682 | S5: 1.55182

US Dollar vs. Japanese Yen USDJPY (USDJPY): Strength in USDJPY is likely to continue. We see a less chances of an immediate fall on the instrument for short-term technical outlook. Next upside barriers follow (78.910) at (79.448) and (79.898). Long positions are favored for today.

R1: 78.910 | R2: 79.448 | R3: 79.898 | R4: 80.436 | R5: 80.886 S1: 78.011 | S2: 77.472 | S3: 76.934 | S4: 76.484 | S5: 76.159

Source: FX Central Clearing Ltd. (FXCC) Technical Analysis

 

Daily Technical Analysis by FXCC November 03

Daily Technical Analysis by FXCC November 03

Euro vs US Dollar EURUSD maintains a bid tone for now.

Break above (1.40637) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.36445), however, would confirm continuation of the bearish trend, towards next objective downwards (1.33516).

Try to sell on rallies with a stop loss above (1.40637).

R1: 1.38215 | R2: 1.38911 | R3: 1.39539 | R4: 1.40295 | R5: 1.41216

S1: 1.36445 | S2: 1.35441 | S3: 1.34520 | S4: 1.33516 | S5: 1.33116

Great Britian Pound vs US Dollar GBPUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (1.60572) will call for (1.62325), and Loss of (1.58803) sees (1.57607).

We need to keep a closer look on how prices would behave on today`s trading session.

R1: 1.60000 | R2: 1.60710 | R3: 1.61411 | R4: 1.62325 | R5: 1.62863

S1: 1.58921 | S2: 1.58383 | S3: 1.57607 | S4: 1.57069 | S5: 1.56569

US Dollar vs Japanise Yen We believe that possible bullishness could be seen during this trading session.

Support is at (77.839). Break below that area could lead us to neutral zone as direction would become unclear, but as long as price moves above that level the major scenario remains bullish.

Buy on depth for today with a stop loss below (77.839).

R1: 78.455 | R2: 78.790 | R3: 79.261 | R4: 79.561 | R5: 79.861

S1: 77.658 | S2: 77.187 | S3: 76.484 | S4: 76.159 | S5: 75.735

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 04

Daily Technical Analysis by FXCC November 04

Euro vs US Dollar Weakness in EURUSD is likely to continue. We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.37781) at (1.37011) and (1.36596).

Try to sell on rallies with a stop loss above (1.38650).

R1: 1.38911 | R2: 1.39747 | R3: 1.40537 | R4: 1.40983 | R5:1.41599 S1: 1.37781 | S2:1.37011 | S3: 1.36596 | S4: 1.36082 | S5: 1.35025

Great Britian Pound vs US Dollar We see high chances of the pair move in a range between (1.60713 – 1.58661). A proper move above (1.60713) confirms a probable rally towards (1.63625). However, if GBPUSD manage to close below (1.58661) will support a call for bid tone. We need to hold for current session.

R1: 1.61081 | R2: 1.61661 | R3: 1.62933 | R4: 1.63625 | R5: 1.64785 S1: 1.59782 | S2: 1.59229 | S3: 1.58069 | S4: 1.57377 | S5: 1.56217

US Dollar vs Japanise Yen We see high chances of the pair move up gradually towards (78.999 – 79.533). A proper confirmation would occur if the USDJPY will manage to overcome the (78.449) resistance over today`s trading session.

Long positions are favored for today.

R1: 78.449 | R2: 78.999 | R3: 79.533 | R4: 79.533 | R5: 80.133 S1: 77.639 | S2: 76.322 | S3: 76.002 | S4: 75.673 | S5: 75.373

Source: FX Central Clearing Ltd. (FXCC) Technical Analysis.

 

Daily Technical Analysis by FXCC November 14

Daily Technical Analysis by FXCC November 14

Euro vs US Dollar EURUSD maintains a bid tone for now.

Break above (1.38049) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.37355), however, would confirm continuation of the bearish trend, towards next objective downwards (1.34922).

We will try to sell EURUSD from our mentioned resistance levels.

R1: 1.38590 | R2: 1.39262 | R3: 1.40575 | R4: 1.41432 | R5:1.42745

S1: 1.37355 | S2:1.36810 | S3: 1.36235 | S4: 1.34922 | S5: 1.34065

Great Britian Pound vs US Dollar Overall the direction remains unclear. GBPUSD might close below (1.58908). If seen this will call for more declines to the (1.59100) level. Further down, support is located at (1.58241). Alternatively, above the (1.61030) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.65446).

We prefer to wait for break of upper or lower barrier.

R1: 1.61488 | R2: 1.62199 | R3: 1.63467 | R4: 1.64178 | R5:1.65446

S1: 1.60220 | S2:1.59680 | S3: 1.59100 | S4: 1.58241 | S5: 1.57530

US Dollar vs Japanise Yen We expect a bullish overall direction for today.

That requires the base to build on (76.880); targeting (77.885) then (78.267).

A break under (76.950) support area will extend losses to (75.347).

Buy on depth for today with a stop loss below (76.950).

R1:77.885 | R2: 78.267 | R3: 78.779 | R4: 79.079 | R5:79.379

S1: 76.880 | S2:76.247 | S3: 75.947 | S4: 75.647 | S5: 75.347

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis.

 

Daily Technical Analysis by FXCC November 15

Daily Technical Analysis by FXCC November 15

Euro vs US Dollar It's likely that EURUSD will decline. A break above (1.38049) could be a threat to the bearish scenario targeting (1.38929) even (1.39781). On the downside, immediate support is at (1.35457). Break below that area should keep the major bearish scenario intact testing (1.33295) area

Look for short positions for today`s trading session.

R1: 1.36767 | R2: 1.37619 | R3: 1.38349 | R4: 1.38929 | R5:1.39781 S1: 1.35457 | S2:1.34838 | S3: 1.33295 | S4: 1.32443 | S5: 1.32043

Great Britian Pound vs US Dollar We see high chances of the pair move down gradually towards (1.57484 – 1.56163). A proper confirmation would occur if the GBPUSD will manage to close below the (1.58279) support over today`s trading session.

Shorting GBPUSD is advisable for today.

R1: 1.59600 | R2: 1.60395 | R3: 1.60930 | R4: 1.61716 | R5:1.62511 S1: 1.58279 | S2:1.57484 | S3: 1.56163 | S4: 1.55368 | S5: 1.54868

US Dollar vs Japanise Yen We may see the instrument move in the range of (77.985 – 76.711) in today`s trading session. We need to see a close above (77.985) or below (76.711).

A hold for a clearer technical outlook is advisable.

R1: 77.499 | R2: 77.885 | R3: 78.186 | R4: 78.486 | R5: 78.786 S1: 76.597 | S2:76.146 | S3: 75.846 | S4: 75.546 | S5: 75.246

Source: FX Central Clearing Ltd. (FXCC) Technical Analysis.

 

Daily Technical Analysis by FXCC November 16

Daily Technical Analysis by FXCC November 16

Euro vs US Dollar Weakness in EURUSD is likely to continue.

We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (1.34961) at (1.34139) and (1.33317).

Look for short positions for current trading session.

R1: 1.36207 | R2: 1.36810 | R3: 1.37652 | R4: 1.38349 | R5:1.39097

S1: 1.34961 | S2:1.34139 | S3: 1.33317 | S4: 1.32694 | S5: 1.32294

Great Britian Pound vs US Dollar It's likely that GBPUSD will decline. A break above (1.59415) could be a threat to the bearish scenario targeting (1.60341) even (1.60930). On the downside, immediate support is at (1.57697).

Break below that area should keep the major bearish scenario intact testing (1.56375) area

Shorting GBPUSD is advisable for today.

R1: 1.58721 | R2: 1.59315 | R3: 1.59828 | R4: 1.60341 | R5:1.60930

S1: 1.57697 | S2:1.57184 | S3: 1.56375 | S4: 1.55862 | S5: 1.55362

US Dollar vs Japanise Yen The USDJPY bias is neutral. Upper barrier is at (77.591), break above that area could trigger further short term upside pressure testing (77.726). On the downside, the important price level at (76.806) may be tested or broken in the coming sessions, which may pull the pair towards (75.905 – 75.605).

We should wait for the victory of either team players (Bulls or Bears).

R1: 77.375 | R2: 77.726 | R3: 78.098 | R4: 78.545 | R5:78.845

S1: 76.556 | S2:76.205 | S3: 75.905 | S4: 75.605 | S5: 75.305

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 17

Daily Technical Analysis by FXCC November 17

Euro vs US Dollar We see better value in short positions.

If the price will go below the first support at (1.34083), this would confirm continuation of the bearish trend, towards next objective downwards (1.33542) then (1.32798) and (1.32257) will follow.

Short positions are favored for today.

R1: 1.35368 | R2: 1.36112 | R3: 1.36653 | R4: 1.37397 | R5:1.37938

S1: 1.34083 | S2:1.33542 | S3: 1.32798 | S4: 1.32257 | S5: 1.31857

Great Britian Pound vs US Dollar It's likely that GBPUSD will decline. A break above (1.59415) could be a threat to the bearish scenario targeting (1.60017) even (1.60930). On the downside, immediate support is at (1.56527).

Break below that area should keep the major bearish scenario intact testing (1.55337) area

Sell on rally for today with a stop loss above (1.59415).

R1: 1.57927 | R2: 1.58617 | R3: 1.59315 | R4: 1.60017 | R5:1.60930

S1: 1.56527 | S2:1.55837 | S3: 1.55337 | S4: 1.54837 | S5: 1.54337

US Dollar vs Japanise Yen USDJPY is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (77.249) or a fall towards (76.754) in the coming session. We have to wait and watch the movement of the instrument from current levels.

We need to hold for current session.

R1: 77.469 | R2: 77.885 | R3: 78.185 | R4: 78.485 | R5:78.785

S1: 76.419 | S2:76.119 | S3: 76.119 | S4: 75.819 | S5: 75.519

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 18

Daily Technical Analysis by FXCC November 18

Euro vs US Dollar We expect a bearish overall direction for today.

as far as (1.35499) remains intact; targeting (1.34060) then (1.33547). A close above (1.35499) resistance area will extend gains to (1.37606).

Sell on rally for today with a stop loss above (1.35499).

R1: 1.35178 | R2: 1.35911 | R3: 1.36424 | R4: 1.37093 | R5:1.37606

S1: 1.34060 | S2:1.33547 | S3: 1.32878 | S4: 1.32365 | S5: 1.31965

Great Britian Pound vs US Dollar We believe that possible bearishness could be seen during this trading session.

Immediate resistance is at (1.58226). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.

Look for short positions for current trading session.

R1: 1.58126 | R2: 1.58721 | R3: 1.59315 | R4: 1.59948 | R5:1.60557

S1: 1.56918 | S2:1.56309 | S3: 1.55705 | S4: 1.55096 | S5: 1.54596

US Dollar vs Japanise Yen The bias remains neutral in nearest term. A need for a clear break from the range area (77.193 – 76.754) so we can see clearer direction. Break below (76.754) could trigger further bearish pressure targeting (75.733) and keep the major bearish scenario remains strong while break above (77.193) could trigger further bullish correction testing (78.485).

We need to keep a closer look on how prices would behave on today`s trading session.

R1: 77.353 | R2: 77.885 | R3: 78.185 | R4: 78.485 | R5:78.785

S1: 76.633 | S2:76.333 | S3: 76.033 | S4: 75.733 | S5: 75.433

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis