Market Analysis

Daily Technical Analysis

19.01.2018

EUR/USD


Daily Technical Analysis on EUR/USD

January 19, 2018
Current level - 1.2262

The reversal at 1.2160 signals a prolonged consolidation pattern and despite the positive intraday bias there is still a chance for a dip to 1.2090 before renewal of the general uptrend towards 1.2500. Key intraday support lies at 1.2217.

resistance
intraday intraweek
1.2285 1.2500
1.2320 1.2500
support
intraday intraweek
1.2217 1.2090
1.2090 1.1910

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 110.69

The pullback below 111.00 has neutralized the positive bias and current situation is neutral. Initial resistance lies at 111.20 and a violation of 110.20 low will challenge 109.50 zone.
resistance
intraday intraweek
111.20 112.00
112.00 113.75
support
intraday intraweek
110.60 109.50
110.20 109.50

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.3917

The consolidation pattern here is still underway and while trading remains capped below 1.3940 peak there will be a chance for another dip to 1.3800 before climbing beyond 1.4000 hurdle.

resistance
intraday intraweek
1.3940 1.4000
1.3940 1.4000
support
intraday intraweek
1.3800 1.3611
1.3730
1.3460

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 13300

The outlook remains positive, for a tight test of 13340 resistance and crucial on the downside is 13200 low. A break through the latter will signal a slide towards 13010 area.
 
resistance
intraday intraweek
13300 13540
13340 14000
support
intraday intraweek
13200 13010
13140
12650

US30


Daily Technical Analysis on US30

Current level - 25965

The intraday bias is bearish after the reversal at 26150, with a risk of a dip to 25800 area before renewal of the general uptrend towards  26300. Crucial on the upside is 26075 and it is currently a trigger for the expected rise.

resistance
intraday intraweek
26075 26300
26150 26500
support
intraday intraweek
25800 25500
25710
25200

UK100


Daily Technical Analysis on UK100

Current level - 7701

The downtrend is intact, heading towards 7640, en route to 7560 major support area. Initial intraday resistance lies at 7710 and crucial on the upside is 7750.

resistance
intraday intraweek
7710 7810
7750 8000
support
intraday intraweek
7685 7560
7640
7430

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