Update - Daily Technical Levels from FXCC - page 12

 

Daily Technical Analysis by FXCC November 21

Daily Technical Analysis by FXCC November 21

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

Immediate resistance is at (1.36241). 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.

Our bias is on selling EURUSD with a stop loss above (1.36241) for today.

R1: 1.35571 | R2: 1.36071 | R3: 1.36942 | R4: 1.37744 | R5:1.38615

S1: 1.34468 | S2:1.33596 | S3: 1.32725 | S4: .31923 | S5: 1.31523

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

Immediate resistance is at (1.58981). 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 today`s trading session.

R1: 1.58721 | R2: 1.59315 | R3: 1.60302 | R4: 1.60930 | R5:1.61814

S1: 1.57278 | S2:1.56568 | S3: 1.55766 | S4: 1.55056 | S5: 1.54556

US Dollar vs Japanise Yen The bias remains neutral in nearest term. A need for a clear break from the range area (77.108 – 76.472) so we can see clearer direction. Break below (76.472) could trigger further bearish pressure targeting (75.304) and keep the major bearish scenario remains strong while break above (77.108) could trigger further bullish correction testing (78.340).

You may try to buy from lower border and/or sell from upper border.

R1: 77.281 | R2: 77.740 | R3: 78.040 | R4: 78.340 | R5:78.640

S1: 76.363 | S2:75.904 | S3: 75.604 | S4: 75.304 | S5: 75.004

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 22

Daily Technical Analysis by FXCC November 22

Euro vs US Dollar We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.35508). 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.

Try to sell on rallies with a stop loss above (1.35508).

R1: 1.35399 | R2: 1.35969 | R3: 1.36531 | R4: 1.37078 | R5:1.37640 S1: 1.34468 | S2:1.33751 | S3: 1.33204 | S4: 1.32642 | S5: 1.32242

Great Britian Pound vs US Dollar We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.57735). 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.

Short positions are favored for today.

R1: 1.56913 | R2: 1.57535 | R3: 1.58061 | R4: 1.58676 | R5:1.59315 S1: 1.55688 | S2:1.54982 | S3: 1.53841 | S4: 1.53135 | S5: 1.52635

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (77.092 – 76.661). A proper move above (77.092) confirms a probable rally towards (78.120). However, if USDJPY manage to close below (76.661) will support a call for bid tone. We should wait for a clearer outlook on USDJPY.

R1: 77.220 | R2: 77.520 | R3: 77.820 | R4: 78.120 | R5:78.420 S1: 76.572 | S2:76.272 | S3: 75.972 | S4: 75.672 | S5: 75.372

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

 

Daily Technical Analysis by FXCC November 23

Daily Technical Analysis by FXCC November 23

Euro vs US Dollar We see high chances of the pair move down gradually towards (1.34137 – 1.33584). A proper confirmation would occur if the EURUSD will manage to close below the (1.34579) support over today`s trading session.

Sell on rally for today with a stop loss above (1.35785).

R1: 1.35571 | R2: 1.36127 | R3: 1.36569 | R4: 1.37122 | R5:1.37564 S1: 1.34579 | S2:1.34137 | S3: 1.33584 | S4: 1.33142 | S5: 1.32742

Great Britian Pound vs US Dollar Weakness in GBPUSD 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 (1.55821) at (1.55257) and (1.54693).

Sell on rally for today with a stop loss above (1.57016).

R1: 1.56883 | R2: 1.57447 | R3: 1.57978 | R4: 1.58542 | R5:1.59073 S1: 1.55821 | S2:1.55257 | S3: 1.54693 | S4: 1.54162 | S5: 1.53662

US Dollar vs Japanise Yen We see high chances of the pair move in a range between (77.092 – 76.661). A proper move above (77.092) confirms a probable rally towards (78.626). However, if USDJPY manage to close below (76.661) will support a call for bid tone. We should wait for a clearer outlook on USDJPY.

R1: 77.491 | R2: 78.026 | R3: 78.326 | R4: 78.626 | R5:78.926 S1: 76.572 | S2:76.252 | S3: 75.952 | S4: 75.652 | S5: 75.352

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

 

Daily Technical Analysis by FXCC November 24

Daily Technical Analysis by FXCC November 24

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

Break above (1.35785) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.32635), however, would confirm continuation of the bearish trend, towards next objective downwards (1.29750).

Try to sell on rallies with a stop loss above (1.35785).

R1: 1.33972 | R2: 1.34468 | R3: 1.35178 | R4: 1.35685 | R5:1.36141

S1: 1.32635 | S2:1.31861 | S3: 1.30524 | S4: 1.29750 | S5: 1.29350

Great Britian Pound vs US Dollar The outlook has grown increasingly bearish since GBPUSD had remained below its latest swing high at (1.57016).

If this resistance level is broken to the upside, the outlook will deteriorate.

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

R1: 1.56122 | R2: 1.56913 | R3: 1.57620 | R4: 1.58126 | R5:1.58721

S1: 1.54594 | S2:1.53970 | S3: 1.52993 | S4: 1.52369 | S5: 1.51869

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (77.680) will call for (78.575), and Loss of (76.735) sees (76.296).

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

R1: 77.606 | R2: 77.920 | R3: 78.261 | R4: 78.575 | R5:78.916

S1: 76.951 | S2:76.610 | S3: 76.296 | S4: 75.955 | S5: 75.655

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 25

Daily Technical Analysis by FXCC November 25

Euro vs US Dollar The outlook has grown increasingly bearish since EURUSD had remained below its latest swing high at (1.34213).

If this resistance level is broken to the upside, the outlook will deteriorate.

Look for short positions for today`s trading session.

R1:1.33989 | R2: 1.34468 | R3: 1.34944 | R4: 1.35399 | R5:1.35899

S1: 1.33034 | S2:1.32618 | S3: 1.32079 | S4: 1.31663 | S5: 1.31263

Great Britian Pound vs US Dollar GBPUSD maintains a bid tone for now.

Break above (1.55678) may trigger further recovery of the GBPUSD. Going bellow latest swing low at (1.54335), however, would confirm continuation of the bearish trend, towards next objective downwards (1.52826).

Our bias is on selling GBPUSD with a stop loss above (1.55678) for today.

R1: 1.55452 | R2: 1.55961 | R3: 1.56774 | R4: 1.57336 | R5:1.58061

S1: 1.54335 | S2:1.53826 | S3: 1.53326 | S4: 1.52826 | S5: 1.52326

US Dollar vs Japanise Yen USDJPY is at a crossroads, where it is recommended to evaluate the development of the activity of both parties.

A close above (77.336) will call for (78.391), and Loss of (76.913) sees (76.161).

Look for a close above/below either barrier.

R1: 77.470 | R2: 77.791 | R3: 78.091 | R4: 78.391 | R5:78.691

S1: 76.761 | S2:76.461 | S3: 76.161 | S4: 75.861 | S5: 75.561

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 28

Daily Technical Analysis by FXCC November 28

Euro vs US Dollar It's likely that EURUSD will decline. A break above (1.3383) could be a threat to the bearish scenario targeting (1.35956) even (1.36356). On the downside, immediate support is at (1.32647).

Break below that area should keep the major bearish scenario intact testing (1.31256) area

Try to sell on rallies with a stop loss above (1.3383).

R1: 1.33839| R2: 1.34299 | R3: 1.35408 | R4: 1.35956 | R5:1.36356

S1: 1.32647 | S2:1.32121 | S3: 1.31256 | S4: 1.30392 | S5: 1.29865

Great Britian Pound vs US Dollar We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.53009). Another move back above (1.55281) could lead us to neutral zone.

Try to sell on rallies with a stop loss above (1.55281).

R1: 1.55519 | R2: 1.56122 | R3: 1.56805 | R4: 1.57336 | R5:1.58061

S1: 1.54296 | S2:1.53621 | S3: 1.53009 | S4: 1.52509 | S5: 1.52009

US Dollar vs Japanise Yen The USDJPY still trapped in range area of (77.890– 76.924). A break in either direction will determine the trading bias in today`s session. Break below (76.924) could trigger further bearish pressure targeting (75.801), while break above (77.890) could trigger further bullish advances testing (79.634).

We should wait for a clearer outlook on USDJPY.

R1: 77.928 | R2: 78.631 | R3: 79.334 | R4: 79.634 | R5:79.934

S1: 77.024 | S2:76.572 | S3: 76.101 | S4: 75.801 | S5: 75.501

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 29

Daily Technical Analysis by FXCC November 29

Euro vs. US Dollar (EURUSD):EURUSD maintains a bid tone for now.Break above (1.34086) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.32725), however, would confirm continuation of the bearish trend, towards next objective downwards (1.30776). Try to sell on rallies with a stop loss above (1.34086)

R1: 1.33839| R2: 1.34299| R3: 1.35133| R4: 1.35685| R5: 1.36394

S1: 1.32725| S2: 1.32121| S3: 1.31350| S4: 1.30776| S5: 1.30376

Great Britain Pound vs. US Dollar (GBPUSD):We prefer a downside scenario at this phase.

Since bias is bearish in nearest term targeting (1.53106). Another move back above (1.56042) could lead us to neutral zone. We will be looking to sell GBPUSD upon any price retracement.

R1: 1.55578| R2: 1.56122| R3: 1.56916| R4: 1.57635| R5: 1.58538

S1: 1.54466| S2: 1.53845| S3: 1.53106| S4: 1.52487| S5: 1.51987

US Dollar vs. Japanese Yen USDJPY (USDJPY): We expect a bullish overall direction for today.

That requires the base to build on (77.580); targeting (78.329) then (78.675).

A break under (76.924) support area will extend losses to (76.026).

Our bias is on buying USDJPY with a stop loss under (76.924) for today.

R1: 78.329| R2: 78.675| R3: 79.112| R4: 79.458| R5: 79.895

S1: 77.580| S2: 77.236| S3: 76.835| S4: 76.326| S5: 76.026

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC November 30

Daily Technical Analysis by FXCC November 30

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

Break above (1.33831) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.32725), however, would confirm continuation of the bearish trend, towards next objective downwards (1.30346).

Try to sell on rallies with a stop loss above (1.33831).

R1: 1.33701| R2: 1.34113| R3: 1.34690| R4: 1.35408| R5: 1.36606

S1: 1.32725| S2: 1.32121| S3: 1.30968| S4: 1.30346| S5: 1.29946

Great Britian Pound vs US Dollar We see high chances of the pair move down gradually towards (1.54690 – 1.53859).

A proper confirmation would occur if the GBPUSD will manage to close below the (1.55249) support over today`s trading session.

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

R1: 1.56562| R2: 1.57336| R3: 1.58645| R4: 1.59475| R5: 1.60517

S1: 1.55249| S2: 1.54690| S3: 1.53859| S4: 1.53029| S5: 1.51987

US Dollar vs Japanise Yen Currently, further bullish actions could be seen on USDJPY.

A break below (77.522) could be a threat to the bullish scenario targeting (76.616) even (76.316).

On upside. Immediate resistance is at (78.259). A close above that area should keep the major bullish scenario intact testing (78.921) area.

Look for long positions for today`s trading session.

R1: 78.259| R2: 78.602| R3: 78.921| R4: 79.264| R5: 79.583

S1: 77.597| S2: 77.278| S3: 76.935| S4: 76.616| S5: 76.316

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC December 01

Daily Technical Analysis by FXCC December 01

Euro vs. US Dollar (EURUSD):The EURUSD bias is neutral. Upper barrier is at (1.35428), break above that area could trigger further short term upside pressure testing (1.36863). On the downside, the important price level at (1.32490) may be tested or broken in the coming sessions, which may pull the pair towards (1.32940 – 1.32121). We prefer to wait for break of upper or lower barrier.

R1: 1.35328| R2: 1.36863| R3: 1.38397| R4: 1.39601| R5: 1.41135

S1: 1.33986| S2: 1.33540| S3: 1.32940| S4: 1.32121| S5: 1.31387

Great Britain Pound vs. US Dollar (GBPUSD):We see high chances of the pair move in a range between (1.57899 – 1.55159). A proper move above (1.57899) confirms a probable rally towards (1.61776). However, if GBPUSD manage to close below (1.55159) will support a call for bid tone.

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

R1: 1.57635| R2: 1.59236| R3: 1.60673| R4: 1.61776| R5: 1.63213

S1: 1.56122| S2: 1.55593| S3: 1.54948| S4: 1.54296| S5: 1.53053

US Dollar vs. Japanese Yen USDJPY (USDJPY):The bias remains neutral in nearest term. A need for a clear break from the range area (78.254 – 77.231) so we can see clearer direction. Break below (77.231) could trigger further bearish pressure targeting (76.052) and keep the major bearish scenario remains strong while break above (78.254) could trigger further bullish correction testing (79.344). We should wait for the victory of either team players (Bulls or Bears).

R1: 78.066| R2: 78.521| R3: 78.889| R4: 79.344| R5: 79.712

S1: 77.243| S2: 76.875| S3: 76.420| S4: 76.052| S5: 75.752

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis

 

Daily Technical Analysis by FXCC December 02

Daily Technical Analysis by FXCC December 02

Euro vs US Dollar Overall the direction remains unclear. EURUSD might close below (1.34070). If seen this will call for more declines to the (1.33198) level. Further down, support is located at (1.32725). Alternatively, above the (1.35310) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.37235).

Look for a close above/below either barrier.

R1: 1.35155 | R2: 1.35685 | R3: 1.36195 | R4: 1.36742 | R5: 1.37235

S1: 1.34170 | S2: 1.33731 | S3: 1.33198 | S4: 1.32725 | S5: 1.32121

Great Britian Pound vs US Dollar We hold a view of the instrument moving in the range of (1.57899 – 1.56267). We have to wait and watch the movement of the instrument from current levels.

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

R1: 1.57497 | R2: 1.58121 | R3: 1.58686 | R4: 1.59310 | R5: 1.59875

S1: 1.56308 | S2: 1.55743 | S3: 1.55181 | S4: 1.54584 | S5: 1.54084

US Dollar vs Japanise Yen We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (77.231) zones.

A proper confirmation would occur if the USDJPY will manage to overcome the (77.992) resistance.

Longing USDJPY is advisable for today.

R1: 77.992 | R2: 78.322 | R3: 78.622 | R4: 78.922 | R5: 79.222

S1: 77.332 | S2: 77.024 | S3: 76.724 | S4: 76.424 | S5: 76.124

Source: FX Central Clearing Ltd. (FXCC)

Technical Analysis