Market Analysis

Daily Technical Analysis

21.11.2014

EUR/USD


Daily Technical Analysis on EUR/USD

November 21, 2014
Current level - 1.2483

The intraday bias here is negative, for a break through 1.2440 crucial level, en route to 1.2357 low and 1.2240 later on. Initial intraday resistance comes at 1.2503.

resistance
intraday intraweek
1.2503 1.2630
1.2575 1.2720
support
intraday intraweek
1.2440 1.2240
1.2357 1.2040

USD/JPY


Daily Technical Analysis on USD/JPY

November 21, 2014
Current level - 117.90

Current pullback after 118.96 high should be considered corrective, preceding and advance towards 120.00 sentiment area. Trigger on the upside is 108.30 and major support is seen at 107.04.

resistance
intraday intraweek
118.30 120.00
118.96 124.16
support
intraday intraweek
117.33 117.00
117.00 115.40

GBP/USD


Daily Technical Analysis on GBP/USD

November 21, 2014
Current level - 1.5650

The intraday bias here is already negative after yesterday's high at 1.5736 and I expect a break through 1.5590 to unleash a slide towards 1.5430 target zone. 

resistance
intraday intraweek
1.5736 1.5790
1.5790 1.6020
support
intraday intraweek
1.5590 1.5430
1.5430
1.5240

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