Market Analysis

Daily Technical Analysis

12.2.2016

EUR/USD


Daily Technical Analysis on EUR/USD

February 12, 2016
Current level - 1.1271

The intraday bias is negative after the reversal at 1.1380, but my outlook here is bullish above 1.1235, for a rise towards 1.1500 zone. Crucial on the downside is 1.1160.

resistance
intraday intraweek
1.1380 1.1494
1.1494 1.1500
support
intraday intraweek
1.1235 1.0980
1.1160 1.0770

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 112.52

The general downtrend is intact and the resistance at 113.20 should cap the upside, for another downswing towards 110.00 area.
resistance
intraday intraweek
113.20 113.20
113.20 115.96
support
intraday intraweek
111.60 111.00
110.00 110.00

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.4513

Yesterday's reversal at 1.4380 signals a positive intraday bias above 1.4450 minor support, but the overall outlook on the senior frames remains neutral. Key resistance is 1.4565.

resistance
intraday intraweek
1.4564 1.4790
1.4670 1.4950
support
intraday intraweek
1.4380 1.4330
1.4330
1.4150

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 8829

The overall outlook remains negative, for a slide towards 8510. Key resistance is projected at 8970, followed by the crucial 9130.

resistance
intraday intraweek
8970 9590
9130 10160
support
intraday intraweek
8700 8510
8510
8510

US30


Daily Technical Analysis on US30

Current level - 15727

Current rebound above 15500 should be considered corrective, preceding another dip towards 15300 target area. Initial resistance lies at 15800-850.

resistance
intraday intraweek
15800 16813
16200 17240
support
intraday intraweek
15500 15300
15300
15300

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