Market Analysis

Daily Technical Analysis

22.10.2014

EUR/USD


Daily Technical Analysis on EUR/USD

October 22, 2014
Current level - 1.2716

The downtrend from 1.2839 high is intact, heading towards 1.2635, en route to 1.2570. Key intraday resistance is projected at 1.2743, followed by the crucial 1.2785.

resistance
intraday intraweek
1.2743 1.2995
1.2787 1.3105
support
intraday intraweek
1.2702 1.2570
1.2630 1.2040

USD/JPY


Daily Technical Analysis on USD/JPY

October 22, 2014
Current level - 106.87

The outlook here remains positive, for an advance beyond 107.50, en route to 108.40. Minor intraday support lies at 106.60.

resistance
intraday intraweek
107.09 108.40
107.50 110.08
support
intraday intraweek
106.23 105.70
105.19 103.00

GBP/USD


Daily Technical Analysis on GBP/USD

October 22, 2014
Current level - 1.6090

A reversal has been confirmed at 1.6183 and the intraday bias is negative, for a slide towards 1.6025, en route to 1.5950.  Crucial resistance on the upside lies at 1.6137.

resistance
intraday intraweek
1.6137 1.6280
1.6183 1.6530
support
intraday intraweek
1.6078 1.5950
1.6025
1.5870

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